136 N Rampart Boulevard, Los Angeles, CA 90026

$1,890,000

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List Price
$1,890,000
Status
ACTIVE
MLS#
AR26146695
Year Built
1910
Lot Size
6,927
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
23
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Great opportunity to own a large newly renovated fourplex in the highly desirable Echo Park area. Totaling 10 bedrooms and 8 bathrooms and 4,448 sqft of living space, with a cap rate over 5%, this spacious property is what you call a rare find. 2 units feature 3 bedrooms and 2 bathrooms and the other 2 units are 2 bedrooms and 2 bathrooms. Every unit has large kitchens and living rooms with a beautiful open floor plan. The whole property has been renovated from top to bottom including new flooring, kitchens, bathrooms, fixtures, recess lighting, appliances and fresh paint throughout. With separate meters for all 4 units, tankless water heaters, fully paid off solar panels, and parking carports, this is an excellent investment that will yield plenty of cash flow. Also equipt with Electric car outlet, automatic iron gate and surveillance cameras. Just a short drive away from Downtown Los Angeles, Silver Lake and Koreatown, location is everything and this fourplex has it all. The whole property will be delivered vacant so come take a look while you can and make this investment property your priority today!

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$164,400
Operating Expense
3420

Listing courtesy of Listing Agent: Robby Moon (robby.moon@moonrealtyca.com) from Listing Office: Moon Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.