119 S Rampart Blvd, Los Angeles
Pre-Market New Construction Fourplex in Silver Lake Adj.
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.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$2,899,000
Fourplex
Pre-Market
4
2025
5.25%
14.21
$204,000/Year (Pro Forma)
5,865 sqft
5,251 sqft
$494.29
$724,750
2 x 4b/4b, 1 x 4b/4.5b, 1 x 3b/3.5b
No
6 Garage Spaces + 2 Exterior Spaces
No
Other Features:
No Rent Control, Pre-Market Brand New Construction Fourplex, Private Washers/Dryers for Each Unit, Tons of Balconies, Private Garages
The 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!
The Neighborhood
<15-Minute Walk
Woon- Filipinotown, Maury’s, Shim Sham, Doubting Thomas, Starbucks, MacArthur Park, McDonald’s, Original Tommy’s, Smart & Final, Brooklyn Bagel Bakery, Yeems Coffee, El Pollo Loco
<15-Minute Drive
Erewhon, Target, Dodger Stadium, Crypto.com Arena, Elysian Park, Hollywood Bowl, Hollywood Walk of Fame, Atwater Village, Echo Park, Silverlake, Downtown Arts District
<$15 Uber Ride
Griffith Observatory, Paramount Pictures Studio, Runyon Canyon Park, Universal Studios, Griffith Park, Sunset Junction, Vermont St, Lyric Hyperion Theater & Bar, Intelligentsia Coffee Silver Lake Coffeebar, 4100 Bar, La Colombe Coffee Roasters
Contact
Cheyenne Womack
805.973.7470
Property Presented By:
