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Turnkey 12-Unit w/ 3.47% Assumable Financing 200 N Rampart Blvd 12 Unit Apartment Building $3,500,000 ($291,667/Unit) 5.06% Cap Rate Los Angeles, CA 90026

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INVESTMENT HIGHLIGHTS

  • Assumable $1.7M Chase loan available at a 3.47% fixed rate through 05/10/27.
  • Ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance
  • Interior renovations include vinyl wood flooring, custom cabinetry, stainless-steel appliances, updated lighting and modern bathroom finishes.
  • First time on the market in 25 years, current ownership has consistently improved the building over time.
  • New electrical system and exterior repaint in 2025, new water heater in 2022, new roof/gutters/skylights and retrofit in 2018, copper repipe in 2024.
  • Near Echo Park (approx. 1.1 miles), Virgil Village (approx. 1.5 miles), and Sunset Junction/Silver Lake (approx. 1.8 miles).

EXECUTIVE SUMMARY

200 N Rampart brings together assumable financing at 3.47%, a fully updated building profile, and a central Historic Filipinotown location; at the doorstep of Virgil Village, Echo Park and Silver Lake. First time on the market in 25 years, current ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance needs. Recent upgrades include a full exterior repaint completed and installation of a new 400 amp electrical service, with new main and sub panels in 2025; replacement of main water heater in 2022; new roof, gutters and skylights, and soft story retrofit completed in 2018, copper plumbing repipe was completed in 2004. These updates are complemented by a consistent interior renovation program across the units, featuring vinyl wood flooring, tile accents, custom cabinetry, stainless steel appliances, updated lighting and modern bathroom finishes. An assumable $1,700,000 Chase loan is available at a 3.47% fixed rate through 05/10/27. The location offers straightforward access to the food, retail and cultural corridors along Sunset Blvd and Virgil Ave, with direct routes to Downtown and Koreatown. For investors seeking a well maintained building with meaningful system upgrades, renovated interiors and stable assumable financing, 200 N Rampart presents a practical and efficient opportunity in a central LA location.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,500,000
Price Per Unit $291,667
Sale Type Investment
Cap Rate 5.06%
Gross Rent Multiplier 12.21
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 9,000 SF
Average Occupancy 83%
No. Stories 2
Year Built 1960
Parking Ratio 1.22/1,000 SF
Zoning R4-2, Los Angeles

AMENITIES

UNIT AMENITIES

  • Microwave
  • Tile Floors
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Freezer
  • Vinyl Flooring
  • Large Bedrooms

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 4 $1,771 -
1+1 8 $1,583 -
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5157-002-001
Land Assessment
$226,015 (2025)
Improvements Assessment
$562,796 (2025)
Total Assessment
$788,811 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38534742

  • Date on Market: 11/21/2025

  • Last Updated:

  • Address: 200 N Rampart Blvd, Los Angeles, CA 90026

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