This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
701 N Rampart Blvd
Los Angeles, CA 90026
Silver Lake/Echo Park RTI LAND for 5-Units! · Land For Sale
·
0.17 AC
Investment Highlights
- No rent control on the future project!
- Delivered Shovel Ready!!! Get ready to build ASAP.
- Expertly designed plans using all wood that will be cost-effective to build.
- SB-8 EXEMPT! NON-RSO!
- Large (7,310 SF) flat lot, ideal for a new construction project.
- No relocations needed! Non-tenant occupied!
Property Facts
| Property Type | Land | Total Lot Size | 0.17 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.17 AC |
| No. Stories | 1 |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Description
Silver Lake/ Echo Park RTI 5-Unit | SB-8 Exempt & No Rent Control! 701 N Rampart Blvd is a rare RTI land opportunity delivered with plans for five new townhome-style units (3x 3-bed, 2x 4-bed). Zoned LARD2 and SB-8 exempt, this parcel is shovel-ready! Located just off the 101 at Rampart Blvd, the site offers direct access to one of LA’s strongest rental submarkets. Bordering Silver Lake and Echo Park, future tenants will pay a premium to live near top-tier restaurant, shopping and night life! Build and hold with a projected $356,820 yearly gross income or build and sell for a $4,750,000 projected exit price. 701 N Rampart is priced to move! View the Plans, Projected Costs & Rent Roll here!
Property Taxes
| Parcel Number | 5402-009-010 | Improvements Assessment | $188,000 |
| Land Assessment | $752,000 | Total Assessment | $940,000 |
Property Taxes
