Home | Los Angeles County | Los Angeles | 90045 | 8716 Ramsgate
MLS: CRAR26164563 | Status: | Price: $5,545,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 13,600 | 1951 |
Set along a quiet, tree-lined residential street in Westchester, 8716 & 8722 Ramsgate Avenue represents an extraordinary Westside investment opportunity: a turnkey, 12-unit multi-family portfolio delivering a true 7.33% cap rate and a 9.95x GRM on current in-place income. Positioned across a double lot on two adjacent parcels, the property underwent an expansive, top-to-bottom redevelopment finished in Summer of 2025, which included the ground-up construction of four brand-new units. The extensive scope of work leaves zero deferred maintenance, replacing or modernizing every primary building system—including plumbing, main sewer, electrical, HVAC, dual-pane windows, lighting, flooring, bathrooms and kitchen. Outside, the grounds feature refreshed stucco and paint, updated stairways and railings, new paver hardscaping, and professionally curated drought-tolerant landscaping. Inside, the optimized layout includes eight 2-bedroom and four 3-bedroom residences, each detailed with clean modern finishes and in-unit washers and dryers. Delivering immediate, durable cash flow without construction risk or lease-up exposure, this property stands out as a pristine, low-overhead Westside holding.
| Field | Value |
|---|---|
| MLS # | CRAR26164563 |
| MLS Source | California Regional MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: 0 Car(s) |
| HOA Fee | $0 |
Alan Lu
ALTC Realty
License #: 01514595
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 12 | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of July 29, 2026. For the most current information, please contact Alan Lu.