The Growth Investment Group is proud to offer a development opportunity in Westlake Rampart near Silver Lake and Echo Park in Los Angeles, California. This site presents an immense opportunity to build a new multi-family unit. Major new developments have been increasing across the area, while the city recently put in over 30 million dollars to transform Echo Park. The same transformation will happen here as well. This site is less than a half a mile from the most attractive parts of Silver Lake and Echo Park, and less than a mile to Downtown Los Angeles. Affluent millennials desire to live in this area and thus attracts high rents. Local developers are receiving over $2,200 for a one bedroom and ~$2,800 for a 2 bedroom. This location is minutes away from areas including Downtown Los Angeles, Silver Lake, Sunset Blvd., Dodger Stadium, Crypto. com Arena, the Metro, as well as convenient access to the 101, 2, 5, 10 and 110 freeways. Nearby schools include Belmont Senior High School, Los Angeles High School for the Arts (LAHSA) and Los Angeles Teachers Preparatory Academy. Buyer is responsible to check all zoning and building regulations with the city of Los Angeles