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$ 2,394,000
Est. payment | /mo
4,040 SqFt
$ 2,394,000
Est. payment | /mo
4,040 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $592
MLS Listing ID CRSR25111081
HOA Y/N No
Year Built 1960
Lot Size 7,313 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
5% CAP* | In-Unit Laundry | In Unit Mini-Split AC | Parking..... We are pleased to present Olive on Rampart, a beautifully curated 7-unit multifamily property ideally located on the border of Echo Park and Silver Lake—two of Los Angeles’ most dynamic and desirable neighborhoods. Originally built in 1924/25 and 1960, the property sits on a 7,313 SF lot with a 4,040 SF building footprint, zoned LARD 2. Comprising seven one-bedroom units spread across three charming structures, Olive on Rampart offers boutique-style living with timeless curb appeal and thoughtfully designed layouts in one of LA’s most vibrant urban cores. This is a rare chance to acquire a stabilized, turnkey asset in one of LA’s highest-demand rental markets. Olive on Rampart has been impeccably maintained by long-term ownership and features modern, trend-conscious upgrades throughout. All units include in-unit laundry, mini-split HVAC systems, and either private balconies or outdoor spaces—amenities rarely found in comparable properties. Key investment highlights include separately metered utilities, tenant-paid trash, secure gated access, and on-site parking. With 6 to 7 units potentially eligible for rent increases and strong in-place cash flow, this low-maintenance asset offers both current income and
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Laundry Inside
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5402010025

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Listed by Jared Levine • Keller Williams Realty Calabasas