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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$10,300,000

Est. payment - /mo

66 Beds

66 Baths

24,795 SqFt

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UPDATED:

01/15/2025 01:34 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,795 sqft

Price per Sqft $415

MLS Listing ID 25478225

Bedrooms 66

HOA Y/N No

Year Built 1927

Lot Size 6,830 Sqft

Property Description

Gorgeous architecturally prominent 4 story building in the area referred to as "Rampart Village" that is quickly becoming the new Echo Park and Silverlake and minutes from Downtown LA. This property has undergone major renovations including new roof, new copper plumbing, new waste lines, updated electrical system, restored lobby and all common areas, updated windows, and thoughtfully renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright with high ceilings and city views. Incredible lobby that welcomes the tenants . The units rent like hotcakes. This is the perfect "CASH FLOW" deal as all the heavy lifting is done. On site and off site management makes this an easy asset to handle. 65 units plus one large ground floor retail/ office/ live work space.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAC2

Interior

Heating Heat Pump

Cooling Heat Pump, Wall/Window Unit(s)

Flooring Wood

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features None

View Y/N Yes

View City Lights

Building

Story 4

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5156020018

Special Listing Condition Standard

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Listed by Alex Galuz • Keller Williams Realty Calabasas

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2731 Beverly BLVD Los Angeles, CA 90057