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447 S Rampart Blvd
Los Angeles, CA 90057
Multifamily Property For Sale · 49 Units

Investment Highlights

  • Gorgeous 4 story building in Rampart Village area of Los Angeles bordering Koreatown/ Downtown/ and Silverlake.
  • Building has been updated with new copper plumbing and waste lines, exterior and interior paint, flooring, lighting.
  • On site Landry is avaible as well as a small parking lot for 15 cars in the rear of the building.
  • This is a fantastic rental area that is recession proof as affordable studio apartments near transportation hubs are very desirable
  • 12 units have been updated leaving a huge upside in rents available for the next owner.
  • Possibility to sell this with 18 unit building next door totaling 67 units.

Property Facts

No. Units 49
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.19 AC
Building Size 23,072 SF
Average Occupancy 98%
No. Stories 4
Year Built/Renovated 1924/2018
Parking Ratio 0.65/1,000 SF
Zoning R4 - Multiple Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Double Pane Windows
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Gated
  • Recycling
  • Trash Pickup - Curbside
  • Elevator
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 42 - -
1+1 7 - -

Property Taxes

Property Taxes

Parcel Number
5155-020-006
Land Assessment
$6,430,920
Improvements Assessment
$1,135,492
Total Assessment
$7,566,412
  • Listing ID: 22840175

  • Date on Market: 4/26/2021

  • Last Updated:

  • Address: 447 S Rampart Blvd, Los Angeles, CA 90057

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