We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.
Multi-familyProperty Type
1950Year Built
7,063 sq ftLot Size
$666Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Casey Lins•DRE #01902650• Kidder Mathews of California, Inc.
•714-333-6768 (agent)
•Casey.Lins@kidder.com (agent)
Bought with Andrianna Chakava•DRE #02135498• Coldwell Banker Realty
We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.
SDMLS #301750590
Mar 20, 2019
Sold
$1,000,000
$560/sq ft
Dec 22, 2018
Listed
$1,100,000
$616/sq ft
CRMLS #SB18295440
Mar 20, 2019
Sold
$1,000,000
$560/sq ft
Feb 28, 2019
Pending
—
Feb 8, 2019
Price Changed
$1,100,000
$616/sq ft
Jan 18, 2019
Relisted
—
Jan 15, 2019
Contingent
—
Jan 2, 2019
Relisted
—
Dec 22, 2018
Delisted
—
Dec 22, 2018
Listed
$1,199,000
$671/sq ft
Public Records
Sep 14, 2001
Sold
$257,000
$144/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$13,610 (+1.0%)
$1,020,000 + $102,000
$1,122,000
2024
$13,475 (+1.9%)
$780,861 + $334,654
$1,115,515
2023
$13,219 (+4.8%)
$765,550 + $328,093
$1,093,643
2022
$12,609 (+1.3%)
$750,540 + $321,660
$1,072,200
2021
$12,452 (−1.0%)
$735,824 + $315,353
$1,051,177
2020
$12,580 (+59.4%)
$721,397 + $309,170
$1,030,567
2019
$7,890 (+88.1%)
$714,000 + $306,000
$1,020,000
2018
$4,194 (+2.1%)
$264,857 + $75,478
$340,335
2017
$4,106 (+2.7%)
$254,573 + $72,549
$327,122
2016
$3,998 (+1.4%)
$254,573 + $72,549
$327,122
2015
$3,941 (−0.7%)
$249,582 + $71,127
$320,709
2014
$3,969 (−1.2%)
$241,019 + $68,687
$309,706
2012
$4,016 (+3.2%)
$239,930 + $68,377
$308,307
2011
$3,893 (−1.2%)
$235,226 + $67,037
$302,263
2010
$3,941 (+3.9%)
$230,614 + $65,723
$296,337
2009
$3,794 (+4.4%)
$228,891 + $65,232
$294,123
2008
$3,635
$229,435 + $65,387
$294,822
Tax history for 8931 Ramsgate Ave
Year
Property tax
Land + Additions
Assessment*
2025
$13,610 (+1.0%)
$1,020,000 + $102,000
$1,122,000
2024
$13,475 (+1.9%)
$780,861 + $334,654
$1,115,515
2023
$13,219 (+4.8%)
$765,550 + $328,093
$1,093,643
2022
$12,609 (+1.3%)
$750,540 + $321,660
$1,072,200
2021
$12,452 (−1.0%)
$735,824 + $315,353
$1,051,177
2020
$12,580 (+59.4%)
$721,397 + $309,170
$1,030,567
2019
$7,890 (+88.1%)
$714,000 + $306,000
$1,020,000
2018
$4,194 (+2.1%)
$264,857 + $75,478
$340,335
2017
$4,106 (+2.7%)
$254,573 + $72,549
$327,122
2016
$3,998 (+1.4%)
$254,573 + $72,549
$327,122
2015
$3,941 (−0.7%)
$249,582 + $71,127
$320,709
2014
$3,969 (−1.2%)
$241,019 + $68,687
$309,706
2012
$4,016 (+3.2%)
$239,930 + $68,377
$308,307
2011
$3,893 (−1.2%)
$235,226 + $67,037
$302,263
2010
$3,941 (+3.9%)
$230,614 + $65,723
$296,337
2009
$3,794 (+4.4%)
$228,891 + $65,232
$294,123
2008
$3,635
$229,435 + $65,387
$294,822
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,063 Sq. Ft.
Year renovated
1950
Sq. Ft.
1,786
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4125012014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Mar 31, 1998 • Final
Electrical
Install a new electrical panel and branch circuits.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Garage
Parking
# of Parking Spaces (Total): 4
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 84000
Gross Operating Income: $84,000
Net Operating Income: $54,600
Multi-Unit Expenses
Total Annual Expense: $29,400
Multi-Unit Other Financial Information
Gross Rent Multiplier: 16.1
Vacancy Rate: 100
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Apartments
# of Buildings: 1
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $3,500
Projected Rent: $3,500
Actual Rent: $3,500
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $3,500
Projected Rent: $3,500
Actual Rent: $3,500
# of Units: 1
Exterior
Building Information
Total Floors: 1
One Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 7,063
Lot Size (Acres): 0.1621
Zoning: LAR3
Financial
Assessment Information
Assessed Total Value: $1,072,200
Assessed Land Value: $750,540
Assessed Land %: 70
Assessed Improvement Value: $321,660
Assessed Improvement %: 30.00
Assessor Parcel Number: 4125-012-014
Location
Community Information
# of Units in Complex (Total): 2
Location Information
Directions: Google Maps: 8931 Ramsgate Ave. Los Angeles, CA 90045
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,786
Stories: —
Lot Size: 7,063 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 1950
County: Los Angeles County
APN: 4125012014
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Westport Heights Elementary School
Public K-5 • Assigned • 0.8mi
5/10
Orville Wright Engineering And Design Magnet
Public 6-8 • Assigned • 1.5mi
2/10
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public 9-12 • Assigned • 2.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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