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668 S Rampart Blvd
Los Angeles, CA 90057
Rampart Apartments · Multifamily Property For Sale
·
44 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 668 S Rampart Blvd, an apartment investment opportunity in the Westlake
- Value add opportunity with over 40% rental upside as units turn
- High Walk Score of 96, residents benefit from multiple metro bus line stops along 6th Ave and just one mile from the metro rail line
- The property features a unit mix made up of 34 singles and six one-bedrooms and four two bedrooms
- Community laundry, separately metered for electric, master metered for gas
- Ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the area
Property Facts
| No. Units | 44 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 22,140 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Zoning | C4, Los Angeles | ||
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 22,140 SF |
| No. Stories | 5 |
| Year Built | 1927 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | C4, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | 400 - 475 |
| 1+1 | 6 | - | 450 - 700 |
| 2+1 | 4 | - | 750 - 850 |
Property Taxes
| Parcel Number | 5141-008-013 | Improvements Assessment | $2,754,000 |
| Land Assessment | $1,020,000 | Total Assessment | $3,774,000 |
Property Taxes
Parcel Number
5141-008-013
Land Assessment
$1,020,000
Improvements Assessment
$2,754,000
Total Assessment
$3,774,000
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