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400 S Rampart Blvd

Los Angeles, CA 90057
  • $2,399,000
  • STATUS: Active
  • ON SITE: 169 Days
  • MLS #: 21-750916
UPDATED: 23 min ago
$2,399,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,316
    SQFT
  • $451
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Well maintained 8 units apartment, all 1 bedroom, and 1 bathroom. Each unit has 2 entrances which can use as 2 bedrooms. 5 units are recently remodeled. 3 units are long-term tenants. 2 buildings of 4 units. 9 parking spaces. Easy access to freeway, and Downtown LA. Rents are currently below market. Drive-By Only. Do not disturb Tenants. Gated parking. Corner unit. Excellent for investors looking for good income and low maintenance.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-05T12:42:28.333. 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. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/118502393
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400 S Rampart Blvd Los Angeles, CA 90057

  • Price: $2,399,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 23 min ago
  • MLS #: 21-750916
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,316
SQFT
$451
$/SQFT
1920
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Well maintained 8 units apartment, all 1 bedroom, and 1 bathroom. Each unit has 2 entrances which can use as 2 bedrooms. 5 units are recently remodeled. 3 units are long-term tenants. 2 buildings of 4 units. 9 parking spaces. Easy access to freeway, and Downtown LA. Rents are currently below market. Drive-By Only. Do not disturb Tenants. Gated parking. Corner unit. Excellent for investors looking for good income and low maintenance.
Exterior Features

Direction Faces West Levels Multi/Split Lot Size Area 7525 Other Structures None Parking Garage AssignedControlled EntranceUncoveredParking SpaceGated Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Tennis Court None Tennis YN No Total Parking 9 View Description None View YN No Water Frontage None

Interior Features

Baths Total 8.00 Common Walls Attached Cooling Wall/Window Equipment Hood FanRange/OvenGarbage DisposalDishwasher Fireplace Rooms None Flooring Hardwood Heating Wall

Property Features

Amenities Gated Community Assessed Total Value 1795200 Gardener Expense 1080.00 Gross Income 145488 Gross Operating Income 145488 Insurance Expense 3286.00 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Maintenance Expense 1454.00 Net Operating Income 102671.31 Number Of Buildings 2 Number Of Units 8 Owner Pays GardenerWaterOther Rent Control YN Yes Sale Type Standard Security Features GatedSmoke DetectorAutomatic GateCarbon Monoxide Detector(S) Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 42815 Trash Expense 3760.00 Type Of Units Apartment Water Public Water Expense 3360.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Koeun Hwang DRE#01718399 of Happy Haus Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-05T12:42:28.333. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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