7019 Ramsgate Avenue, Los Angeles, California 90045, Los Angeles, 90045 - bed, bath
ACTIVE$1,399,000
7019 Ramsgate Avenue, Los Angeles, California 90045
0Bed
0Bath
2,460Sqft
5,933Lot
Year Built
1950
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$569
HOA
-
Days on market
-
Sold On
-
MLS number
SB25260305
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.40M(75th), sqft - 2460(50th), beds - undefined(50th), baths - undefined(50th).
Welcome to 7019-7025 Ramsgate, a charming four-unit property offering cozy and functional living spaces. Each unit features a uniform layout with a welcoming living room, a galley-style kitchen, and a dedicated eating area. A hallway with ample storage closets leads to a full bath and a comfortable bedroom. Units 7019 and 7025 have been recently updated with new flooring, modernized kitchens, and refreshed bathrooms, with unit 7025 also benefiting from new windows. Enjoy the shared back patio with a shared laundry area, convenient garage parking (one spot per unit) plus a driveway spot, and a grassy area at the front of each unit. With in-wall heaters, no HOA fees, this property offers a great blend of convenience and comfort.
Nearby schools
4/10
Highland Elementary School
Public,•K-6•0.5mi
5/10
Westport Heights Elementary School
Public,•K-5•1.1mi
4/10
Oak Street Elementary School
Public,•K-6•1.3mi
8/10
El Rincon Elementary School
Public,•K-5•1.8mi
9/10
Cowan Avenue Elementary School
Public,•K-6•1.9mi
6/10
Kentwood Elementary School
Public,•K-5•2.0mi
8/10
Playa Del Rey Elementary School
Public,•K-5•2.2mi
5/10
Felton Elementary School
Public,•K-5•2.2mi
6/10
Buford Elementary School
Public,•K-5•2.6mi
6/10
Playa Vista Elementary
Public,•K-6•2.9mi
4/10
Loyola Village Elementary School
Public,•K-5•3.0mi
8/10
Juan De Anza Elementary School
Public,•K-5•3.5mi
4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•3.7mi
9/10
Center Street Elementary
Public,•K-5•3.8mi
9/10
Richmond Street Elementary School
Public,•K-5•4.3mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•4.8mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•0.7mi
2/10
Crozier (George W.) Middle School
Public,•7-8•0.7mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•1.9mi
5/10
Lennox Middle School
Public,•6-8•2.7mi
7/10
Culver City Middle School
Public,•6-8•2.9mi
9/10
Richard Henry Dana Middle School
Public,•6-8•4.4mi
2/10
Inglewood High School
Public,•9-12•1.3mi
8/10
Culver City High School
Public,•9-12•2.9mi
2/10
Morningside High School
Public,•9-12•3.1mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•3.3mi
4/10
Hawthorne High School
Public,•9-12•4.0mi
6/10
Venice Senior High School
Public,•9-12•4.4mi
4/10
Lawndale High School
Public,•9-12•5.4mi
Price History
Date
Event
Price
11/23/25
Listing
$1,399,000
Condition Rating
Fair
Built in 1950, this property is over 70 years old. While two of the four units have been recently updated with new flooring, modernized kitchens, and refreshed bathrooms, the other two units are likely in an older, less updated condition. The property relies on in-wall heaters and lacks central cooling, indicating outdated HVAC systems. The shared laundry area is basic. Overall, the property is maintained with some recent updates, but the age of the building and the partial nature of renovations, along with outdated core systems, place its condition in the 'Fair' category, requiring further updates for the unrenovated units and potentially for the entire property's infrastructure.
Pros & Cons
Pros
Great Schools: Elementary School: Cowan Avenue Elementary School (9/10). Middle School: Richard Henry Dana Middle School (9/10).
Multi-Unit Income Property: This four-unit property offers significant rental income potential and diversification, making it an attractive investment for generating consistent cash flow.
Recent Unit Updates: Two of the four units (7019 & 7025) have been recently updated with new flooring, modernized kitchens, refreshed bathrooms, and new windows in one, reducing immediate capital expenditure for those units.
Dedicated Parking: Each unit benefits from convenient garage parking (one spot per unit) plus an additional driveway spot, a highly desirable and valuable feature in the Los Angeles market.
No HOA Fees: The absence of Homeowners Association fees significantly reduces ongoing ownership costs, thereby increasing the net operating income and overall profitability for an investor.
Shared Amenities & Green Space: The property offers a shared back patio with laundry facilities and individual grassy areas at the front of each unit, enhancing tenant appeal and quality of life.
Cons
Partial Unit Updates: Only two of the four units have been recently updated, meaning the remaining two units likely require significant capital expenditure for modernization to match the updated units' appeal and rental potential.
Lack of Central Cooling: The property is equipped with 'in-wall heaters' but no mention of a cooling system, which could be a significant drawback for tenants during Los Angeles's hot months and may require future investment.
Age of Property & Potential Infrastructure: Built in 1950, the property is over 70 years old. While some units are updated, the overall infrastructure (e.g., plumbing, electrical, roof) in the un-updated units or common areas may be original and could require substantial maintenance or replacement soon.