7137 Ramsgate Avenue , Los Angeles, CA 90045(Los Angeles County)

Apartment - Los Angeles, CA

Nestled in the heart of the highly desirable Westchester neighborhood, 5-unit property offers an exceptional investment opportunity. The complex comprises a spacious 3-bedroom, 1.5-bathroom unit featuring a cozy fireplace and A/C, along with four 2-bedroom, 2-bathroom units, each equipped with A/C. The property boasts a stable tenant base, including some Section 8 tenants, ensuring consistent and guaranteed rental income. Most tenants are long-term, with rents approaching current market rates.

Residents benefit from an on-site community laundry room and a shared backyard area, perfect for barbecues and gatherings. The property's prime location offers unparalleled convenience, situated just minutes from the 405 and 105 freeways, providing easy access to major transportation routes. It's also in close proximity to Ladera Heights Shopping Center, Westfield Shopping Center, beautiful beaches,...