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7060 Ramsgate Avenue, Los Angeles, California 90045, Los Angeles, 90045 - bed, bath

7060 Ramsgate Avenue, Los Angeles, California 90045 home-pic-0
ACTIVE$1,349,000
7060 Ramsgate Avenue, Los Angeles, California 90045
0Bed
0Bath
2,223Sqft
7,250Lot
Year Built
1949
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$607
HOA
-
Days on market
-
Sold On
-
MLS number
IN25100211
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.35M(75th), sqft - 2223(50th), beds - undefined(50th), baths - undefined(50th).

Immaculate Triplex Minutes from LAX, LMU & 405 – Investor’s Dream! Welcome to this extremely well-kept and beautifully maintained triplex, perfectly located just minutes from LAX, Loyola Marymount University, and the 405 freeway. Ideal for investors, this property offers exceptional value and versatility in a high-demand rental area. Property is in excellent condition and is move-in ready. The front unit is a detached 2-bedroom, 1-bath home that offers both charm and privacy—ideal for owner-occupancy or new tenants. It features an updated kitchen with spacious cabinetry, quartz countertops, and complementary wood-look tile flooring. The bathroom includes a separate frameless shower and soaking tub, ample cabinet space, and a quartz vanity. The living room boasts a cozy wood-burning fireplace. This unit will be delivered vacant at the close of escrow. Behind the front home, above the detached garage, are two additional units offering solid rental income potential. Units have been updated. The electric driveway gate provides both security and convenience, opening up to a generous driveway and manicured grounds. A large, cemented patio area between the front house and rear units is perfect for entertaining or enjoying sunny California evenings with a BBQ. Additional features include a 10x10 storage shed, storage area in the garage, low-maintenance landscaping, and overall excellent condition throughout. This is a turnkey, as-is sale that presents a rare opportunity to own a clean, secure, and income-generating property in a prime Westside location. Buyer and buyer's agent are advised to independently verify the accuracy of all information through personal inspection and with the appropriate professionals. Property is being sold as-is, no warranties or guarantees. Only serious buyers, please! This property is not suitable for investors seeking a quick flip. Don't miss out on this outstanding investment opportunity!

Nearby schools

4/10
Highland Elementary School
Public,•K-6•0.6mi
5/10
Westport Heights Elementary School
Public,•K-5•1.0mi
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•1.8mi
6/10
Kentwood Elementary School
Public,•K-5•1.9mi
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•2.8mi
4/10
Loyola Village Elementary School
Public,•K-5•2.9mi
8/10
Juan De Anza Elementary School
Public,•K-5•3.4mi
4/10
Paseo Del Rey Natural Science Magnet
Public,•K-5•3.6mi
9/10
Center Street Elementary
Public,•K-5•3.8mi
9/10
Richmond Street Elementary School
Public,•K-5•4.2mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•4.8mi
2/10
Crozier (George W.) Middle School
Public,•7-8•0.7mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•0.7mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•1.8mi
5/10
Lennox Middle School
Public,•6-8•2.6mi
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•3.2mi
4/10
Hawthorne High School
Public,•9-12•3.9mi
6/10
Venice Senior High School
Public,•9-12•4.4mi
4/10
Lawndale High School
Public,•9-12•5.3mi

Price History

Date
Event
Price
04/12/06
Sold
$805,000
Condition Rating
Excellent
Despite being built in 1949, the property has undergone extensive and recent renovations, particularly in the kitchens and bathrooms, which appear virtually new with modern finishes such as quartz countertops, contemporary cabinetry, wood-look tile flooring, and updated bathroom tiling with frameless shower enclosures. The listing explicitly states the property is in 'excellent condition' and 'move-in ready,' with 'overall excellent condition throughout,' aligning with the criteria for an excellent score due to significant recent updates.
Pros & Cons

Pros

Great Schools: Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
Prime Investment Location: Strategically located minutes from LAX, Loyola Marymount University, and the 405 freeway, this property is in a high-demand Westside rental area, ensuring strong tenant interest and potential appreciation.
Income-Generating Triplex: As a well-maintained triplex, it offers exceptional value and versatility with solid rental income potential from three units, making it an ideal asset for investors seeking consistent cash flow.
Owner-Occupancy Potential: The detached front unit will be delivered vacant at the close of escrow, providing an immediate opportunity for an owner-occupant or for securing a new tenant at current market rates.
Turnkey & Updated Condition: The property is described as 'extremely well-kept,' 'move-in ready,' and features updated kitchens and bathrooms, minimizing immediate renovation needs for the new owner.
Enhanced Security & Amenities: Features an electric driveway gate for security and convenience, a generous driveway, a large cemented patio for entertaining, and additional storage, adding to its overall appeal and functionality.

Cons

As-Is Sale Condition: The property is being sold 'as-is' with no warranties or guarantees, placing the onus on the buyer for any potential repairs or unforeseen issues that may arise post-purchase.
Older Property Age: Built in 1949, despite updates, the age of the property may lead to higher long-term maintenance costs or potential for older infrastructure issues not immediately apparent during inspection.
Not Suited for Quick Flip: The listing explicitly states the property is 'not suitable for investors seeking a quick flip,' suggesting the current pricing may already reflect its market value, limiting immediate capital appreciation for short-term investors.

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