200 N Rampart Blvd - Apartments FOR SALE


Los Angeles, CA 90026- Historic Filipinotown
$3,500,000 USD
310-968-7005
200 N Rampart Blvd, Los Angeles, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/19
null | 5.06% Cap Rate

200 N Rampart Blvd
Los Angeles, CA 90026
Historic Filipinotown


HIGHLIGHTS

  • Assumable $1.7M Chase loan available at a 3.47% fixed rate through 05/10/27.
  • First time on the market in 25 years, current ownership has consistently improved the building over time.
  • Ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance
  • New electrical system and exterior repaint in 2025, new water heater in 2022, new roof/gutters/skylights and retrofit in 2018, copper repipe in 2024.
  • Interior renovations include vinyl wood flooring, custom cabinetry, stainless-steel appliances, updated lighting and modern bathroom finishes.
  • Near Echo Park (approx. 1.1 miles), Virgil Village (approx. 1.5 miles), and Sunset Junction/Silver Lake (approx. 1.8 miles).

OVERVIEW

200 N Rampart brings together assumable financing at 3.47%, a fully updated building profile, and a central Historic Filipinotown location; at the doorstep of Virgil Village, Echo Park and Silver Lake. First time on the market in 25 years, current ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance needs. Recent upgrades include a full exterior repaint completed and installation of a new 400 amp electrical service, with new main and sub panels in 2025; replacement of main water heater in 2022; new roof, gutters and skylights, and soft story retrofit completed in 2018, copper plumbing repipe was completed in 2004. These updates are complemented by a consistent interior renovation program across the units, featuring vinyl wood flooring, tile accents, custom cabinetry, stainless steel appliances, updated lighting and modern bathroom finishes. An assumable $1,700,000 Chase loan is available at a 3.47% fixed rate through 05/10/27. The location offers straightforward access to the food, retail and cultural corridors along Sunset Blvd and Virgil Ave, with direct routes to Downtown and Koreatown. For investors seeking a well maintained building with meaningful system upgrades, renovated interiors and stable assumable financing, 200 N Rampart presents a practical and efficient opportunity in a central LA location.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

5.06%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey 12-Unit w/ 3.47% Assumable Financing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,762 SF

ZONING

R4-2, Los Angeles

APN/PARCEL ID

5157-002-001

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-968-7005

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Kenny StevensCompassMore Info
310-968-7005

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.