608-612 N Rampart Blvd | Los Angeles, CA 90026
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- LoopNet Team
608-612 N Rampart Blvd
Los Angeles, CA 90026
Reduced / 6.08% CAP Rate / Echo Park · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Prime Echo Park / Silver Lake Location
- Stabilzed Asset With Proven In-Place Cash Flow, Upside Potential, and Rent Increase Opportunity
- Seven One Bedroom Units Across Three Buildings with Gated Access to the Property
- Parking / In-Unit Laundry / In-Unit Mini Split AC / Private Balconies or Outdoor Spaces
- Tenants Pay For Trash, and All Units Separately Metered, Offering Streamlined Expenses and Operational Efficency
- Long Term Ownership Maintained the Property with On Trend Interior and Exterior Upgrades
Property Facts
| No. Units | 7 | Building Size | 4,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RD2, Los Angeles | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,040 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1.73/1,000 SF |
| Zoning | RD2, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Property Taxes
| Parcel Number | 5402-010-025 | Improvements Assessment | $692,671 |
| Land Assessment | $578,764 | Total Assessment | $1,271,435 |
Property Taxes
Parcel Number
5402-010-025
Land Assessment
$578,764
Improvements Assessment
$692,671
Total Assessment
$1,271,435
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