Listed by Alan Lu, ALTC Realty, (626) 378-8007
$5,545,000
- 28 Beds
- 16 Baths
- 10,500 sqft (on 0.31 acres)
8716 Ramsgate Ave, Los Angeles, CA 90045
Est. Mortgage $35,011/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1951
0.31 acre lot
$528/sqft
Local Information
-- mins to
About this House
What's unique:Clean modern finishesRefreshed stucco and paintUpdated stairways and railingsOptimized layoutBathrooms and kitchenProfessionally curated drought-tolerant landscaping
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 modern finishes and in-unit washers and dryers. Delivering immediate, durable cash flow without construction risk or lease-up exposure, this property stands out as a pristine, low-overhead Westside holding.
Home Details for 8716 Ramsgate Ave
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Beds & Baths Number of Bedrooms: 28Number of Bathrooms: 16 |
Appliances & Utilities Laundry: See Remarks |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage No GarageNo Attached GarageParking: None |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 1Days on Market: 57 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 4125015018 |
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Price List Price: $5,545,000Price Per Sqft: $528 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
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Listing Agent Listing ID: AR26164563 |
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Building Area Building Area: 10500 Square Feet |
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Community Features: UrbanNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 0.31 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Has Rent Control |
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Mls Number: AR26164563Living Area Range Units: Square FeetAttribution Contact: 626-378-8007Common Interest: NoneUniversal Property Id: US-06037-N-4125015018-R-N |
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UrbanSource Internet Entire Listing Display |
Around this home
What Locals Say about Westchester
At least 354 Trulia users voted on each feature.
95 % Say there are sidewalks
89 % Say it's dog friendly
81 % Say car is needed
69 % Say people would walk alone at night
69 % Say yards are well-kept
66 % Say there's holiday spirit
66 % Say it's walkable to grocery stores
65 % Say it's walkable to restaurants
65 % Say parking is easy
63 % Say streets are well-lit
59 % Say it's quiet
52 % Say kids play outside
51 % Say they plan to stay for at least 5 years
49 % Say neighbors are friendly
42 % Say there's wildlife
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Los Angeles
Last updated August 2026
Avg. sale price
$1.03M
$7.08KMoM
Sale-to-List Price
99.9%
0.1%MoM
Price per sq ft
$638
$0MoM
Available listings
8438
32MoM
Home Value
Trulia Estimate
$5.18MSince last month
Decreased$96K (-1.8%)Since last year
Increased$3M (+172.7%)Since last sale
Increased$4M (+294.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +358% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $5.19M |
| August 2026 | $5.28M |
| July 2026 | $5.65M |
| June 2026 | $5.24M |
| May 2026 | $5.23M |
| April 2026 | $5.3M |
| March 2026 | $5.09M |
| February 2026 | $5.16M |
| January 2026 | $5.43M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Multi-Family Home | $1,550,000 | 09/08/26 | 5 | 4 | 2,916 | |
0.29 | Multi-Family Home | $1,295,000 | 11/17/25 | 8 | 4 | 3,542 | |
0.14 | Multi-Family Home | $1,200,000 | 05/22/26 | 5 | 4 | 2,829 | |
0.24 | Multi-Family Home | $1,200,000 | 07/15/26 | 4 | 2 | 1,612 | |
0.08 | Multi-Family Home | $1,200,000 | 05/07/26 | 4 | 2 | 1,568 | |
0.32 | Multi-Family Home | $1,400,000 | 08/14/26 | 4 | 4 | 2,444 | |
0.32 | Multi-Family Home | $1,510,000 | 07/21/26 | 5 | 3 | 2,074 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,550,000 | 5 | 4 | 2,916 | Recently Sold | |
0.07 | $1,297,300 | 6 | 3 | 2,352 | Off Market | |
0.08 | $1,200,000 | 4 | 2 | 1,568 | Recently Sold | |
0.08 | $1,329,999 | 6 | 3 | 2,352 | For Sale | |
0.07 | $613,700 | 3 | 2 | 1,190 | Off Market | |
0.07 | $525,000 | 2 | 2 | 929 | Recently Sold | |
0.07 | $432,100 | 1 | 1 | 613 | Off Market | |
0.07 | $545,700 | 2 | 2 | 893 | Off Market | |
0.07 | $510,000 | 2 | 2 | 891 | Recently Sold | |
0.07 | $395,300 | 1 | 1 | 658 | Off Market | |
0.08 | - | 18 | 17 | 14,668 | Off Market |
Price and Tax history
| Date | Event | Price |
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Apr 15, 2026 Source: Zillow Rentals | Listed For Rent | $3,800 |
Jan 17, 2026 Source: CLAW #26639463 | PriceChange | $5,545,000 Price increased by 296% |
Jul 17, 2023 Source: CLAW #23-260051 | Pending | $1,400,000 |
May 17, 2023 Source: CLAW #23-260051 | PriceChange | $1,400,000 Price decreased by 55% |
Apr 17, 2023 Source: CLAW #23-260051 | Listed For Sale | $3,100,000 |
Sep 8, 2017 Source: N/A | Sold | $1,315,000 |
Aug 9, 2016 Source: Agent Provided | PriceChange | $1,150,000 Price decreased by 4% |
May 16, 2016 Source: Agent Provided | Listed For Sale | $1,200,000 |
Sep 27, 2010 Source: N/A | Sold | $550,000 |
Aug 9, 2004 Source: N/A | Sold | $685,000 |
Aug 16, 1996 Source: N/A | Sold | $185,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,456,560 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Alan Lu, ALTC Realty
Agent Phone: (626) 378-8007

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-23 10:31:33 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-23 10:31:33 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 8716 Ramsgate Ave
- What is the estimated monthly payment for 8716 Ramsgate Ave?Based on a $5,545,000 list price with 20% down at today's rates, the estimated monthly payment for 8716 Ramsgate Ave in Los Angeles, CA is approximately $35,414 (about $29,886 principal & interest, $5,453 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 8716 Ramsgate Ave compare to homes in Los Angeles?8716 Ramsgate Ave in Los Angeles, CA is listed at $5,545,000, about 440% above the $1.03M median sale price in Los Angeles.
- What do residents say about the Westchester neighborhood?Residents describe the Westchester neighborhood in Los Angeles, CA as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Westchester, Los Angeles.
- What are the closest schools to 8716 Ramsgate Ave?The closest schools to 8716 Ramsgate Ave in Los Angeles, CA are Katherine Johnson STEM Academy (Middle, rated 7/10), Orville Wright Engineering And Design Magnet (Middle, rated 2/10), Westchester Enriched Sciences Magnet Health/Sports Medicine (High, rated 5/10).
- Does 8716 Ramsgate Ave have laundry facilities?Yes, 8716 Ramsgate Ave in Los Angeles, CA has laundry facilities.
8716 Ramsgate Ave, Los Angeles, CA 90045 is a 28 bedroom, 16 bathroom, 10,500 sqft multi-family built in 1951. 8716 Ramsgate Ave is located in Westchester, Los Angeles. This property is currently available for sale and was listed by CRMLS on Jul 28, 2026. The MLS # for this home is MLS# AR26164563.

