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Backup Offers

122 N Rampart Blvd, Los Angeles, CA, 90026

$1,500,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
8 Baths
4,446 SqFt
$337/SqFt
House

Location

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122 N Rampart Blvd, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered, Garage, Tandem, Uncovered
Year Built1960
HeatingWall Furnace
ViewNone
MLS #24439995
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 122 N Rampart Blvd

COPPER PLUMBING & SOFT-STORY RETROFIT COMPLETED...Fantastic 8-unit investment property located in the up and coming Rampart Village neighborhood, directly adjacent to Silverlake, Echo Park and Koreatown. The well-maintained mid-century apartment complex, built in 1960, offers a total of 4,446 square feet of living space on a 6,878 SF lot zoned R3, with a strong unit mix of (6) 1-bedroom/1-bath units and (2) 2-bedroom/1-bath units. The building features several recent upgrades: all above ground plumbing was replaced with copper, both soft-story retrofits were completed in 2018, the water heater was replaced in 2019, the driveway was recently re-paved, and all 9 seismic gas shut-off valves have been installed. The roof has also received regular annual maintenance. While the property is comprised of longer term tenants, about half of the units have been upgraded with new kitchens. There are two tuck-under parking areas at the front and back of the building with 12 spots in total (8 spots without tandem parking). The property is also separately metered for gas & electric. Lastly, there's an on-site laundry room which provides additional monthly income. The building has been under the same ownership for over 11 years and there is still 42% upside in rental income remaining. The property's various system upgrades and longer term tenants, combined with its excellent location near trendy neighborhoods and vibrant cultural hubs, make this a fantastic investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1960
  • Stories: 2
  • Living Area: 4,446 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Jake Glaser

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Covered, Garage, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Rampart Blvd just north of Beverly Blvd on east side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $337/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

122 N Rampart Blvd vs Los Angeles

98 DAYS ON ROCKET

+60 Days

$1,500,000

+$478.4K More

$337/SqFt

-$303 Less

KEY TAKEAWAY

This property is $478.4K more than the Median Sold Price and $303/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24439995

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: Jake Glaser

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2013Home Sold
$1,020,000
Jun 06, 2000Home Sold
$465,000
Nov 30, 1990Home Sold
$396,000
May 19, 1988Home Sold
$350,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1144383
4
/10

  • Rosemont Avenue Elementary

  • 421 Rosemont Ave

  • 0.38 miles

  • Public District Grades 2-5

school-card-donut-1144384
6
/10

  • Commonwealth Avenue Elementary School

  • 215 S Commonwealth Ave

  • 0.58 miles

  • Public District Grades 1-5

school-card-donut-1144385
4
/10

  • Union Avenue Elementary

  • 150 S Burlington Ave

  • 0.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,778. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 N Rampart Blvd

What is the listing price of this property?

The listing price of 122 N Rampart Blvd property is $1,500,000.

What type of property is this?

The property 122 N Rampart Blvd is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Accepting Backup Offers: 122 N Rampart Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

When was this property sold last time and for how much?

The last sale was on May 30, 2013 for $1,020,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 122 N Rampart Blvd has 10 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 122 N Rampart Blvd is 4,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 N Rampart Blvd is 1960.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›122 N Rampart Blvd

This home is located at 122 N Rampart Blvd in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 4,446 square foot home, which was built in 1960, sits on a 0.16 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,500,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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