530 N Rampart Boulevard

    Los Angeles (City), CA 90026
    • $1,775,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: 18397476
    UPDATED: 14 min ago
    $1,775,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Opportunity to acquire 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T13:31:10.623. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88564609

    530 N Rampart Boulevard Los Angeles (City), CA 90026

    • Price: $1,775,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 18397476
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1925
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Opportunity to acquire 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.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 12.80 Gross Operating Income 138420.00 Laundry YN Yes Net Operating Income 102261.00 Special Listing Conditions Standard Total Expenses 36159.00 Zoning Lar3

    Listing provided courtesy of Marcus Mcinerney of Reservoir Partners.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T13:31:10.623. 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. Licensed in the State of California, USA.
     
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