447 S Rampart Boulevard

    Los Angeles (City), CA 90057
    • $7,050,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 18346966
    UPDATED: 84 min ago
    $7,050,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,072
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    447 S Rampart Boulevard is a 5-story, 48-unit New York style, 1920s brick apartment building located in the heart the Westlake neighborhood, one of the hottest submarkets in Los Angeles. This extremely well-maintained/manages asset is made up of 37 singles(0+1), 4 singles + office (0+1+Office), 6 one-bedroom, one-bathroom (1+1) units, and a unique 2-story single + large downstairs space apartment. The building features on-site laundry, a security camera monitoring system, and is master metered for gas (separately studded) & electric. There is also an adjacent on-site parking lot with 15 surface parking spaces. This property is being offered simultaneously with the contiguous street level parking lot and 18-unit building located at 450 S Benton Way, also listed by Listing Agent.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84338256

    447 S Rampart Boulevard Los Angeles (City), CA 90057

    • Price: $7,050,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: 18346966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    23,072
    SQFT
    $306
    $/SQFT
    1924
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    447 S Rampart Boulevard is a 5-story, 48-unit New York style, 1920s brick apartment building located in the heart the Westlake neighborhood, one of the hottest submarkets in Los Angeles. This extremely well-maintained/manages asset is made up of 37 singles(0+1), 4 singles + office (0+1+Office), 6 one-bedroom, one-bathroom (1+1) units, and a unique 2-story single + large downstairs space apartment. The building features on-site laundry, a security camera monitoring system, and is master metered for gas (separately studded) & electric. There is also an adjacent on-site parking lot with 15 surface parking spaces. This property is being offered simultaneously with the contiguous street level parking lot and 18-unit building located at 450 S Benton Way, also listed by Listing Agent.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Cooling Wall Window Cooling YN Yes

    Property Features

    Gross Multiplier 13.60 Gross Operating Income 503568.00 Improvements Amount 1109672 Land Value 792622 Net Operating Income 300848.00 Special Listing Conditions Standard Total Expenses 202720.00 Zoning Lar4

    Listing provided courtesy of Matthew R. Kanner of Keller Williams Realty Los Fel.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-25T00:27:11.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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