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Listed by Jared Levine • Keller Williams Realty Calabasas
$ 2,394,000
Est. payment | /mo
7,313 Sqft Lot
$ 2,394,000
Est. payment | /mo
7,313 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25111081
Year Built 1960
Lot Size 7,313 Sqft
Source California Regional MLS
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 lon
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Laundry Other
Exterior
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Tax ID 5402010025
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037