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8716 Ramsgate, Los Angeles, CA 90045

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
8716 Ramsgate,Los Angeles, CA 90045
$5,545,000
  • - Beds
  • - Baths
  • 10,500 sq. ft.
  • Multi-family
  • Active
Listed by: alan lu
Office: altc realty626-378-8007
MLS#:AR26164563
Source:CRMLS

Price summary

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

About this home

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...

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Home facts

  • Year built:1951
  • Listing ID #:AR26164563
  • Added:1 day(s) ago
  • Updated:July 30, 2026 at 11:04 AM

Rooms and interior

  • Living area:10,500 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:10,500 sq. ft.
  • Lot area:0.31 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

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