119 S Rampart BLVD new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90057
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25106898
HOA Y/N No
Year Built 2025
Annual Tax Amount $34,779
Lot Size 5,248 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAR4
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Electric Oven,Freezer,Microwave
Laundry Inside
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard
Story 2
Entry Level One,Two,Three Or More
Sewer Public Sewer
Water Public
Level or Stories One,Two,Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 5155023004
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/119srampart
Lease Land No