Description
We are pleased to present the opportunity to acquire a fee-simple interest in The Rampart, a value-add multifamily property located in the Westlake submarket of Los Angeles. The property is located at 517 S. Rampart Blvd and is comprised of 35 apartment units across 19,953 square feet of improvements and 12,425 square feet of land. The Rampart is conveniently located on Rampart Blvd, just north of 6th St. and Wilshire Blvd., south of Beverly Blvd. Built in 1923 of wood-frame stucco, the property is made up of 5 Bachelors, 29 Studios and 1 OneBed / One-Bath unit. The building is individually metered for electricity and has one main water heater that services all units. Gated parking is conveniently located in the back of the building that accommodates 8 cars. Ownership has removed carpeting from the hallways of all three floors and has beautifully restored the original hardwood underneath allowing less maintenance and a richer look.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are pleased to present the opportunity to acquire a fee-simple interest in The Rampart, a value-add multifamily property located in the Westlake submarket of Los Angeles. The property is located at 517 S. Rampart Blvd and is comprised of 35 apartment units across 19,953 square feet of improvements and 12,425 square feet of land. The Rampart is conveniently located on Rampart Blvd, just north of 6th St. and Wilshire Blvd., south of Beverly Blvd. Built in 1923 of wood-frame stucco, the property is made up of 5 Bachelors, 29 Studios and 1 OneBed / One-Bath unit. The building is individually metered for electricity and has one main water heater that services all units. Gated parking is conveniently located in the back of the building that accommodates 8 cars. Ownership has removed carpeting from the hallways of all three floors and has beautifully restored the original hardwood underneath allowing less maintenance and a richer look.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T00:25:59.26. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.