OFF MARKET

Off market feb 2024 for $1.1M

$1,309,310

Est. refi paymentEst. refi $9,688/mo

•

4 ba

•

2,948

sq ft

9043 Ramsgate Ave, Los Angeles, CA 90045

About this home

We are proud to present an exciting investment prospect in Westchester, a neighborhood known for its rapid growth and revitalization. This fully vacant fourplex, housing four spacious one-bedroom one bath units, provides an excellent platform for value-add investors and owner-users to leave their imprint on the neighborhood. The potential for ADU additions, subject to state and local laws, and the ability to rent at market rates post-Ellis Expiration on November 3, 2023, are compelling features of this opportunity. The property is located in a thriving area that enjoys proximity to significant employers, diverse dining and shopping options, and popular recreational spots, making it a magnet for potential tenants seeking a vibrant and balanced lifestyle.

Multi-familyProperty Type

1949Year Built

6,880 sq ftLot Size

$444Est. Price/Sq.Ft.

4 spacesParking

Listed by Benjamin J. Hsiang •DRE #01438644 • Realty Investment Advisors, Inc.

•818-517-0845 (agent)

•bhsiang@riacre.com (agent)

Listed by Don Favia •DRE #01841258 • Realty Investment Advisors, Inc.

•818-632-4660 (agent)

•dfavia@riacre.com (agent)

Bought with Benjamin J. Hsiang •DRE #01438644 • Realty Investment Advisors, Inc.

Bought with Don Favia •DRE #01841258 • Realty Investment Advisors, Inc.

•818-632-4660 (agent)

Redfin checked: a minute ago

•Source:TheMLS #23-271477

Redfin Estimate

$1,309,310

$126K since sold in February 2024$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.7% lower than the average sale price ($1.33M) of 6 comparable homes.

SOLD SEP 8, 2026
$1,550,000
A
5 beds4 baths2,916 sq ft
8807 Reading Ave, Los Angeles, CA 90045
SOLD MAY 22, 2026
$1,200,000
B
5 beds4 baths2,829 sq ft
8893 Reading Ave, Los Angeles, CA 90045
Lyon Stahl Investment Real Estate, Inc.
SOLD SEP 2, 2026
$1,250,000
C
4 beds3 baths2,367 sq ft
8418 Belford Ave, Los Angeles, CA 90045
Keller Williams Realty
SOLD AUG 21, 2026
$1,224,544
D
4 beds2 baths1,662 sq ft
8324 Barnsley Ave, Los Angeles, CA 90045
SOLD JUN 17, 2026
$1,370,000
E
4 beds3 baths2,199 sq ft
8512 Belford Ave, Los Angeles, CA 90045
SOLD AUG 14, 2026
$1,400,000
F
4 beds4 baths2,444 sq ft
8430 Wiley Post Ave, Los Angeles, CA 90045

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$336,299

Est. take-home

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Est. cash available

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Market trends in Arbor Vitae, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

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See all

Provided by Redfin

Sale history for 9043 Ramsgate Ave

Date

Event

Price

Public Records

Feb 22, 2024

Sold

$3,550,000

$1,204/sq ft

TheMLS #23-271477

Feb 22, 2024

Sold

$1,183,333

$401/sq ft

Dec 29, 2023

Pending

—

Nov 27, 2023

Relisted

—

Oct 17, 2023

Contingent

—

Oct 11, 2023

Relisted

—

Aug 24, 2023

Contingent

—

Aug 7, 2023

Price Changed

$1,250,000

$424/sq ft

May 24, 2023

Listed

$1,300,000

$441/sq ft

Public Records

Aug 15, 2017

Sold

$1,350,000

$458/sq ft

Public Records

Jan 19, 1995

Sold

$230,000

$78/sq ft

Public Records

Sep 14, 1990

Sold

$275,000

$93/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$14,781 (−20.2%)

$1,207,000

2024

$18,516 (+2.0%)

$1,207,000

2023

$18,161 (+4.8%)

$1,003,965 + $501,981

$1,505,946

2022

$17,321 (+1.3%)

$984,280 + $492,139

$1,476,419

2021

$17,103 (−1.0%)

$964,981 + $482,490

$1,447,471

2020

$17,278 (+4.1%)

$946,060 + $473,030

$1,419,090

2019

$16,592 (+0.6%)

$936,360 + $468,180

$1,404,540

2018

$16,495 (+281.9%)

$918,000 + $459,000

$1,377,000

2017

$4,319 (+3.0%)

$183,793 + $149,061

$332,854

2016

$4,193 (+1.4%)

$183,793 + $149,061

$332,854

2015

$4,135 (−1.0%)

$180,190 + $146,139

$326,329

2014

$4,177 (−1.2%)

$174,008 + $141,125

$315,133

2012

$4,227 (+2.9%)

$173,222 + $140,488

$313,710

2011

$4,108 (−1.2%)

$169,826 + $137,734

$307,560

2010

$4,157 (+3.8%)

$166,497 + $135,034

$301,531

2009

$4,003 (+4.2%)

$165,253 + $134,025

$299,278

2008

$3,842

$165,646 + $134,344

$299,990

Tax history for 9043 Ramsgate Ave

Year

Property tax

Land + Additions

Assessment*

2025

$14,781 (−20.2%)

$1,207,000

2024

$18,516 (+2.0%)

$1,207,000

2023

$18,161 (+4.8%)

$1,003,965 + $501,981

$1,505,946

2022

$17,321 (+1.3%)

$984,280 + $492,139

$1,476,419

2021

$17,103 (−1.0%)

$964,981 + $482,490

$1,447,471

2020

$17,278 (+4.1%)

$946,060 + $473,030

$1,419,090

2019

$16,592 (+0.6%)

$936,360 + $468,180

$1,404,540

2018

$16,495 (+281.9%)

$918,000 + $459,000

$1,377,000

2017

$4,319 (+3.0%)

$183,793 + $149,061

$332,854

2016

$4,193 (+1.4%)

$183,793 + $149,061

$332,854

2015

$4,135 (−1.0%)

$180,190 + $146,139

$326,329

2014

$4,177 (−1.2%)

$174,008 + $141,125

$315,133

2012

$4,227 (+2.9%)

$173,222 + $140,488

$313,710

2011

$4,108 (−1.2%)

$169,826 + $137,734

$307,560

2010

$4,157 (+3.8%)

$166,497 + $135,034

$301,531

2009

$4,003 (+4.2%)

$165,253 + $134,025

$299,278

2008

$3,842

$165,646 + $134,344

$299,990

*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

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

6,882 Sq. Ft.

Year renovated

1953

Sq. Ft.

2,948

Year built

1949

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

4125011012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

Jan 27, 2025 • Final

Bldg-demolition

Demolish an existing apartment building in compliance with a department order.

Demolition

Jan 24, 2025 • Final

Plumbing

Cap the sewer line for the demolition of an apartment building.

Demolition

Plumbing

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
Covered Parking

Parking
# of Parking Spaces (Total): 4

Interior

Heating & Cooling
No Cooling
No Heat

Multi-Unit Income
Gross Income: 99600
Gross Operating Income: $96,612
Net Operating Income: $69,221

Multi-Unit Expenses
Total Annual Expense: $27,391

Multi-Unit Other Financial Information
Cap Rate: 5.54
Gross Rent Multiplier: 12.55
Vacancy Rate: 100
Scheduled Actual: Scheduled

Multi-Unit Information
Unit Type Type: 1
Type Of Units: Apartments
# of Buildings: 1

Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,075
Projected Rent: $8,300
# of Units: 4

Exterior

Building Information
Two Level

Property Information
Property Type: Residential Income

Land Information
Other Structures: Other

Lot Information
Lot Size (Sq. Ft.): 6,880
Lot Size (Acres): 0.1579
Zoning: LAR3

Financial

Assessment Information
Assessed Total Value: $1,447,471
Assessed Land Value: $964,981
Assessed Land %: 66.67
Assessed Improvement Value: $482,490
Assessed Improvement %: 33.33
Assessor Parcel Number: 4125-011-012

Location

Community Information
# of Units in Complex (Total): 4

Location Information
Directions: West on W. Manchester Ave, South on Ramsgate Ave

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 2,948
Stories: —
Lot Size: 6,882 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1949
Year Renovated: 1953
County: Los Angeles County
APN: 4125011012

Home facts updated by county records on Jul 8, 2026

Other

Documents & Disclosures
Disclosures: None

Co Selling Agent Information
First Name: Don
Last Name: Favia
License #: 01841258

Around this home

Schools

Westport Heights Elementary School

Public K-5 • Assigned • 0.9mi

5/10

Orville Wright Engineering And Design Magnet

Public 6-8 • Assigned • 1.6mi

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

Local insights from Redfin agents

The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
4 weeks ago • Los Angeles
Peter Santos
Redfin Premier agent
85 deals
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Historical weather

Los Angeles, CA • 90045

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.24M – $1.51M

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NEW 19 HRS AGO

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Home values near 9043 Ramsgate Ave

Data from public records.

Address	Redfin Estimate
9023 Ramsgate Avenue, Los Angeles, CA 8 Beds \| 4 Baths \| 3542 Sq. Ft.	$1,295,971
9037 Ramsgate Avenue, Los Angeles, CA 4 Beds \| 4 Baths \| 2948 Sq. Ft.	$1,289,085

Address	Redfin Estimate
9027 Ramsgate Avenue, Los Angeles, CA 8 Beds \| 4 Baths \| 3542 Sq. Ft.	$1,632,420
9051 Ramsgate Avenue, Los Angeles, CA 2 Beds \| 1 Baths \| - Sq. Ft.	—

Address	Redfin Estimate
9033 Ramsgate Avenue, Los Angeles, CA 4 Beds \| 4 Baths \| 2948 Sq. Ft.	$1,302,694
9036 Ramsgate Avenue, Los Angeles, CA 11 Beds \| 10 Baths \| 2829 Sq. Ft.	$1,264,690

Property information provided by TheMLS when last listed in 2023. This data may not match . Learn more.

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