8812 8816 Ramsgate Ave, Los Angeles, CA 90045

Property Description

Rare Westchester Triplex!! Ideal for First-Time Investors and/or Owner-Occupants! Incredible opportunity to own a well-maintained triplex in one of Los Angeles' most desirable neighborhoods. Located at 8812–8816 Ramsgate Avenue, this income-producing property features three spacious 2-bedroom, 1-bathroom units, with two units on the ground floor and one upstairs, making it an excellent opportunity for both seasoned investors and those looking to purchase their first multi-family property. One downstairs unit will be delivered vacant at the close of escrow, allowing a new owner to move in immediately while collecting rental income from the other two units. Two units are currently occupied on month-to-month leases, providing flexibility for future rental adjustments or long-term investment planning. This property also features a detached three-unit garage, offering excellent storage, parking, or the exciting possibility of future ADU conversion opportunities (buyer to verify with the City of Los Angeles). With the continued focus on increasing housing, the detached garage presents the potential to create additional rental units and maximize the property's income-producing capabilities. 8812–8816 Ramsgate Avenue presents an excellent opportunity for owner-occupant buyers and eligible for VA, FHA, and Conventional financing, making multi-family ownership more accessible! Major improvements have already been completed, including a brand-new roof (2025) and all-new electrical (2025) throughout the property. Unit 8814 has been recently remodeled with new flooring, fresh interior paint, updated kitchen cabinets, and modern countertops, while Unit 8816 features a new water heater, reducing immediate maintenance costs for the next owner. Perfectly situated just minutes from LAX, Silicon Beach, Loyola Marymount University, Playa del Rey, Marina del Rey, SoFi Stadium, shopping, dining, and major freeways, this property offers strong rental demand and exceptional long-term appreciation potential. Whether you're looking to house hack, purchase your first investment property, looking to expand your portfolio, or complete a 1031 exchange, this Westchester triplex offers an amazing opportunity combination of location, flexibility, recent upgrades, and immediate income potential. Opportunities like this don't come around often! Reach out to schedule your private showing today and take advantage of this great opportunity in a growing city!