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8931 Ramsgate Avenue

8931 Ramsgate Avenue, Los Angeles, CA 90045
Multifamily in Westchester
Sold Mar 20, 2019
$1,000,000
$500,000 by First General Bank
Mortgage
Sold Sep 14, 2001
$257,000
$253,029 by M & T Mtg Corp
Mortgage Due Oct 01, 2031
Local assessors in Los Angeles, CA have categorized 8931 Ramsgate Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,061 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8931 Ramsgate Avenue has a total of 1,786 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8931 Ramsgate Avenue was last sold in Mar 13, 2019 for $1,000,000. According to our calculations, that's $559.91 per sqft. Prior to that sales transaction, the property was sold for $257,000 in Aug 14, 2001. Current property owners are expected to pay $12,609 in taxes per year. The property on 8931 Ramsgate Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,072,200. To break that down further, the land itself was valued at $750,540. While improvements to the property were assessed at a total of $321,660. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,061
  • Total Building Area: 1,786
  • Gross Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15283
  • Land Acres: 0.162
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 15283 LOT/SEC 26

Ownership

  • Current Owner : STAY MELLOW LLC
  • Previous Owner : SWANSON TIMOTHY C
  • Owner Before Previous Owner: CONDON DORIS I
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 277200

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 56-D2
  • Subdivision Tract Number: 15283
  • Parcel: 4125-012-014
  • Lot: 26
  • Municipality: WEST /WESTCHESTER/LAX
  • Latitude: 33.9556
  • Longitude: -118.383

    Address

  • Full Address: 8931 Ramsgate Ave
  • Address - House Number: 8931
  • Address - Street Name: Ramsgate
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C047
  • 4-Digit Zip Code: 4611
  • Zip Code: 90045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,609
  • Tax Rate Code Area: 00-068

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 96
  • Final Value: 1,598,644
  • High Value: 1,706,848
  • Low Value: 1,490,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FIRST GENERAL BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,200
  • Assessed Land Value: $750,540
  • Assessed Improvements Value: $321,660

    Sales

  • Current Sale Contract Date: Mar 13, 2019
  • Current Sale Recording Date: Mar 20, 2019
  • Current Sale Transaction ID: 11590929213
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0247017
  • Previous Sale Recording Date: Sep 14, 2001
  • Previous Sale Contract Date: Aug 14, 2001
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: M & T MTG CORP
  • Previous Mortgage Transaction Date: Sep 14, 2001
  • Previous Mortgage Loan Amount: $253,029
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2031

About West Los Angeles



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Frequently Asked Questions

What neighborhood is 8931 Ramsgate Avenue located in?
The 8931 Ramsgate Avenue is a multifamily located in the neighborhood of Westchester in West Los Angeles, Los Angeles.
What is the average sales price for listings in 8931 Ramsgate Avenue?
The average sales price for units in 8931 Ramsgate Avenue is $0 currently.

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