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530 N Rampart Blvd

Los Angeles, CA 90026

$1,695,000

Apartments For Sale  •  3,100 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 3,100 Sq Ft
  • Year Built 1925
  • Cap Rate 6.03 %
64 Transit Score
80 Walk Score

Description

Pleased to offer up 530 Rampart Blvd, a four-unit turn-key investment opportunity located in the thriving Silver Lake neighborhood of Los Angeles. Originally built in 1917 and fully renovated from the studs up in 2017 (approximately $300,000 invested), the property consists of 3 buildings, two of which are detached California Bungalows. The unit mix includes one 3+2 unit, one 2+1 units and two 2+2 units that all have private outdoor living space and off-street parking. Each unit has been fully upgraded with brand new appliances, new modern cabinetry, solid oak flooring, in-unit washer & dryers, some units with vaulted ceilings + velux skylights and other high end finishes. Future development potential with the 7,455SF R3 lot.

Property Flyers

Financial Summary

Cap Rate: 6.03 %

Public Transportation

Commuter RailDriveWalkDistance
Cal State LA Commuter Rail (San Bernardino Line) 7 min - 6.7 mi
Glendale Commuter Rail (Ventura County, Antelope Valley Lines) 13 min - 7.7 mi
AirportDriveWalkDistance
Bob Hope Airport 19 min - 14.2 mi
Los Angeles International Airport 21 min - 19.6 mi
Long Beach-Daugherty Field Airport 29 min - 27.9 mi
Marcus McInerney 323-316-6226 Reservoir LA
Marcus McInerney 323-316-6226 Reservoir LA