238 S La Fayette Park Pl - Apartments FOR SALE


Los Angeles, CA 90057- Rampart Village
$3,350,000 USD
310-622-1990
238 S La Fayette Park Pl, Los Angeles, CA for Sale
$3,350,000 USD
Apartments - FOR SALE
1/5
null | 4.95% Cap Rate

238 S La Fayette Park Pl
Los Angeles, CA 90057
Rampart Village


HIGHLIGHTS

  • 18-unit multifamily property in Los Angeles’ Rampart Village district.
  • Close to Wilshire Boulevard, Downtown Los Angeles, and Koreatown amenities.
  • Convenient access to major highways, including US-101, for regional connectivity.
  • Walkable to grocery stores, dining, and neighborhood retail services.

OVERVIEW

This is a rare opportunity to acquire an 18-unit multifamily asset located at 238 S La Fayette Park Place in the heart of Los Angeles’ Rampart Village neighborhood. Constructed in 1967, the property offers a total living area of approximately 18,093 square feet across a 9,430-square-foot parcel, currently configured with 18 bedrooms and 24 bathrooms. Zoning is LAR4, allowing for multifamily use and potential value-add opportunities subject to city guidelines.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

18

PRICE/UNIT

$186,111

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

San Palma Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,199 SF

ZONING

R4

APN/PARCEL ID

5155-016-022

ASK ABOUT THIS PROPERTY

Kitty WallaceColliersMore Info
310-622-1990

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Kitty WallaceColliersMore Info
310-622-1990

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