Los Angeles, CA 90057 119 S Rampart Boulevard
$2,899,000
34 more
Presented By: Lauren Cearley with Myunits.com Inc.; 209-298-6020
Beds • 15
Full/Half Baths • 15 / 2
SQFT • 5,865
Garage • 6
Year Built • 2025
Home Details
119 S Rampart Blvd is a brand new, no-RSO fourplex in the heart of LA’s Westlake neighborhood, minutes from DTLA, Echo Park, and Silver Lake. Built in 2025, this premium investment delivers an outstanding projected 5.25% cap rate with $204,000 in annual income across four large units: 2 x 4bd/4b, 1 x 4bd/4.5b, and 1 x 3bd/3.5b.
Spanning 5,865 SF, this modern building is packed with investor and renter appeal—kitchen islands, tons of balconies, in-unit washers/dryers, and private garages (6 garage + 2 bonus spaces). All units are separately metered, keeping owner expenses low while maximizing long-term returns. With no rent control and delivered fully vacant, 119 S Rampart is a dream scenario for any 1031 buyer seeking turnkey cash flow and low maintenance in a central LA location. At $494/SF and $724,750/door, this is a rare opportunity to own new construction priced for today’s yield-driven market.
Presented By: Lauren Cearley with Myunits.com Inc.; 209-298-6020
Interior Features for 119 S Rampart Boulevard
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 119 S Rampart Boulevard
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, Freezer, Microwave
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.25
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsJust 5 minutes off the 101 at Alvarado, 119 S Rampart sits just adjacent to the heart of Echo Park, offering unbeatable access to DTLA, Echo Park, and Koreatown—ideal for investors or renters seeking hig
ElectricStandard
Electric Expense2500.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense0.0
Garage Spaces6.0
Garage Y/NYes
Gross Income204000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3519.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two, ThreeOrMore
Listing TermsSubmit
Lot Size Square Feet5251.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MaintenanceExpense1600.0
MobileHomeRemainsYNNo
Net Operating Income152242.0
New ConstructionYes
Number Of Units Total4
Number of Units Leased0
Operating Expense43598.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount34779.0
Tax Lot135
Taxes$34,779
Total Actual Rent0.0
Trash Expense0.0
ViewCityLights, Neighborhood
Virtual TourClick here
Water Sewer Expense0.0
Year Built2025
Year Built SourceBuilder
ZoningLAR4
Exterior for 119 S Rampart Boulevard
Building Area Total5865.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard
Lot Size Acres0.1205
Lot Size Area5251.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$2,899,000
MLS#BB25106898
List Date
05/13/2025
Property Type
Multi-Family
Phone
(949) 290-7647
