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- 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!
