Los Angeles, CA 90057,119 South Rampart Boulevard
Los Angeles, CA 90057,119 South Rampart Boulevard
Los Angeles, CA 90057,119 South Rampart Boulevard
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Listed by Lauren Cearley • Myunits.com Inc.
$2,899,000
Est. payment /mo
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5,865 SqFt
Active

119 South Rampart Boulevard Los Angeles, CA 90057

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Maureen Alphonso

Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,865 sqft

Price per Sqft $494

MLS Listing ID BB-25106898

Year Built 2025

Lot Size 5,251 Sqft

Property Sub-Type Quadruplex

Property Description

119 S Rampart Blvd is a brand new, no-RSO fourplex in the heart of LA's Westlake neighborhood, minutes from DTLA, Echo Park, and Silver Lake. Built in 2025, this premium investment delivers an outstanding projected 5.25% cap rate with $204,000 in annual income across four large units: 2 x 4bd/4b, 1 x 4bd/4.5b, and 1 x 3bd/3.5b. Spanning 5,865 SF, this modern building is packed with investor and renter appeal--kitchen islands, tons of balconies, in-unit washers/dryers, and private garages (6 garage + 2 bonus spaces). All units are separately metered, keeping owner expenses low while maximizing long-term returns. With no rent control and delivered fully vacant, 119 S Rampart is a dream scenario for any 1031 buyer seeking turnkey cash flow and low maintenance in a central LA location. At $494/SF and $724,750/door, this is a rare opportunity to own new construction priced for today's yield-driven market.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR4

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Gated

Garage Spaces 6.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights

Building

Lot Description Back Yard

Sewer Public Sewer


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agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

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119 South Rampart Boulevard