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Listed by Jared Levine • Keller Williams Realty Calabasas
$ 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
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Inside
Building
Lot Description Other
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