8931 Ramsgate Ave
Los Angeles, CA 90045
4 Beds
2 Baths
1,786 Sq Ft
121 Days on Market
For Sale $1,250,000
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Courtesy of Kidder Mathews of California, Inc.

Listing Agent & Comments

Casey LinsKidder Mathews of California, Inc.
310-692-1814Casey.Lins@kidder.com License #01902650
We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.

MLS# 24395369 • Data provided by CRMLS
Additional home details
Living Area1,786 Sq.Ft.
Lot Size7,061 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1950
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$13,219
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,290,290
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

8931 Ramsgate Ave., Los Angeles, CA 90045

Multi Family
4 Beds
2 Baths
1,786 Sq Ft
121 Days on Market

Listing Agent & Comments

Casey LinsKidder Mathews of California, Inc.
310-692-1814Casey.Lins@kidder.com License #01902650
We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.

MLS# 24395369 • Data provided by CRMLS
Additional home details
Living Area1,786 Sq.Ft.
Lot Size7,061 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1950
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$13,219
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,250,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.
8931 Ramsgate Ave
Los Angeles, CA 90045
4 Beds
2 Baths
1,786 Sq Ft
121 Days on Market

Listing Agent & Comments

Casey LinsKidder Mathews of California, Inc.
310-692-1814Casey.Lins@kidder.com License #01902650
We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.

MLS# 24395369 • Data provided by CRMLS
Additional home details
Living Area1,786 Sq.Ft.
Lot Size7,061 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1950
Property TypeMulti Family
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$13,219
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,290,290
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,250,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.