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8716 Ramsgate Avenue, Los Angeles, CA 90045

Los Angeles
Local realty services provided by:CENTURY 21 Allstars
8716 Ramsgate Avenue,Los Angeles, CA 90045
$5,545,000
  • 28 Beds
  • 16 Baths
  • 10,500 sq. ft.
  • Multi-family
  • Active
Listed by: don favia, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26639463
Source:CRMLS

Price summary

  • Price:$5,545,000
  • Price per sq. ft.:$528.1

About this home

*CALL FOR OFFERS! NOW TOURING!* 8716 and 8722 Ramsgate Avenue offer a rare Westside Los Angeles multifamily opportunity delivering a true 7.00% cap rate and sub-10 GRM (9.95x) on current in-place income - an exceptionally uncommon pricing profile for a fully rebuilt, turnkey asset in Westchester. The property consists of 12 units across two side-by-side parcels on a double lot, comprehensively redeveloped in 2025, including four newly constructed units. The scope of work was extensive and property-wide, with all major building systems replaced or upgraded, including roof, windows, plumbing, sewer, electrical, HVAC, lighting, and fixtures. The result is a true no-capex acquisition with no deferred maintenance and no near-term capital exposure. The exterior was fully redeveloped as part of the 2025 improvements, featuring new stucco and paint, updated railings and stair systems, modernized building elevations, and professionally designed drought-tolerant landscaping with paver

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Home facts

  • Year built:1951
  • Listing ID #:26639463
  • Added:45 day(s) ago
  • Updated:March 01, 2026 at 11:33 AM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:16
  • Living area:10,500 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:10,500 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$5,545,000
  • Price per sq. ft.:$528.1
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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