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23382694
23382695

119 S Rampart Blvd, Los Angeles, CA 90057

EM
CA 01921425
Myunits.com
Listed by Myunits.com
$2,899,000
427 days on market
Updated 13 days ago

Pre-Market New Construction Fourplex in Silver Lake Adj.

Details
APN 5155-023-004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,865
Net Rentable (SqFt) 5,865
Units 4
Cap Rate 5.25%
NOI $152,242
Pro-Forma Cap Rate 5.25%
Pro-Forma NOI $152,242
Price per SqFt $494
Class A
Year Built 2025
Buildings 2
Stories 3
Lot Size (SqFt) 5,251
Zoning LAR4
Parking Spaces 8 spaces
Parking Per SqFt 1.36

Multifamily | 4 Units | $724,750/unit

Marketing description

Brand-new, pre-market fourplex with a strong projected 5.25% cap rate in one of LA’s fastest-growing neighborhoods. This non-rent-controlled, turnkey investment features three 4-bed units and one 3-bed unit, all with premium finishes, in-unit laundry, and separate utility meters. Located near Silver Lake, Echo Park, and Downtown LA, it’s an ideal low-maintenance, high-return opportunity.

Investment highlights

  • NO RENT CONTROL!

  • Property comes fully loaded with premium kitchen appliances, modern finishes, washers + dryers. Totally turnkey!

  • Tons of balconies and kitchen islands which will appeal to renters.

  • Outstanding projected cap rate of 5.25%!

  • Fantastic parking with three private 2-car garages and 2 additional exterior spots

  • Ideal unit mix of three 4 bedrooms and one 3 bedroom! High income producing property!

  • All units separately metered. Tenants pay all utilities making for minimal expenses.

  • Dream 1031 exchange opportunity. Low maintenance and high return.

  • Centrally located with a short drive to trendy areas such as Silver Lake, Downtown, Echo Park, Westlake and more!

Listing Contacts

EM
CA 01921425
Myunits.com
Listed by Myunits.com

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$152,242.00
$12,686.83/mo

Valuation Metrics

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DSCR
5.25%
Cap Rate
5.25%
ROI

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