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136 N Rampart Boulevard

Los Angeles (City), CA 90026
  • $2,970,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: AR24026051
UPDATED: 48 min ago
$2,970,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Robby Moon of Moon Realty (626-787-1299)


Description

Great opportunity to own a large newly renovated fourplex in the highly desirable Echo Park area. Totaling 10 bedrooms and 8 bathrooms and 4,448 sqft of living space, with a cap rate over 5%, this spacious property is what you call a rare find. 2 units feature 3 bedrooms and 2 bathrooms and the other 2 units are 2 bedrooms and 2 bathrooms. Every unit has large kitchens and living rooms with a beautiful open floor plan. The whole property has been renovated from top to bottom including new flooring, kitchens, bathrooms, fixtures, recess lighting, appliances and fresh paint throughout. With separate meters for all 4 units, tankless water heaters, fully paid off solar panels, and parking carports, this is an excellent investment that will yield plenty of cash flow. Also equipt with Electric car outlet, automatic iron gate and surveillance cameras. Just a short drive away from Downtown Los Angeles, Silver Lake and Koreatown, location is everything and this fourplex has it all. The whole property will be delivered vacant so come take a look while you can and make this investment property your priority today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T08:27:22.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147299677
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136 N Rampart Boulevard Los Angeles (City), CA 90026

  • Price: $2,970,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 48 min ago
  • ID#: AR24026051
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1910
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Great opportunity to own a large newly renovated fourplex in the highly desirable Echo Park area. Totaling 10 bedrooms and 8 bathrooms and 4,448 sqft of living space, with a cap rate over 5%, this spacious property is what you call a rare find. 2 units feature 3 bedrooms and 2 bathrooms and the other 2 units are 2 bedrooms and 2 bathrooms. Every unit has large kitchens and living rooms with a beautiful open floor plan. The whole property has been renovated from top to bottom including new flooring, kitchens, bathrooms, fixtures, recess lighting, appliances and fresh paint throughout. With separate meters for all 4 units, tankless water heaters, fully paid off solar panels, and parking carports, this is an excellent investment that will yield plenty of cash flow. Also equipt with Electric car outlet, automatic iron gate and surveillance cameras. Just a short drive away from Downtown Los Angeles, Silver Lake and Koreatown, location is everything and this fourplex has it all. The whole property will be delivered vacant so come take a look while you can and make this investment property your priority today!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet Lights Garage YN No Gross Income 164400 Gross Scheduled Income 164400 Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Closet Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 160980 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 3420 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 420 Water Sewer Expense 0 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-05T08:27:22.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Robby Moon of Moon Realty (626-787-1299)