504 S La Fayette Park Pl - Apartments FOR SALE


Los Angeles, CA 90057- Rampart Village
$10,800,000 USD
310-622-1990
504 S La Fayette Park Pl, Los Angeles, CA for Sale
$10,800,000 USD
Apartments - FOR SALE
1/10
null | 5.26% Cap Rate

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


HIGHLIGHTS

  • Located in Rampart Village with excellent accessibility to US-101, I-10, Downtown Los Angeles, and Koreatown.
  • Features 51 units across three stories with unit mix including studios, 1-bedroom, and 2-bedroom options.
  • Exceptional public transit score (90/100) with nearby Metro lines, promoting strong renter demand.
  • Walkable neighborhood with nearby retail, dining, and services ideal for urban living.

OVERVIEW

504 S La Fayette Park Pl offers investors a rare opportunity to acquire a stabilized multifamily asset in the high-demand Rampart Village submarket of Los Angeles. The three-story, 51-unit property is well-positioned near the heart of the city, featuring easy access to Downtown Los Angeles, Koreatown, and the Wilshire Center corridor. Proximity to major freeways, including US-101 and I-10, as well as multiple Metro transit lines, enhances resident mobility and sustains long-term rental demand.

FOR SALE DETAILS

PRICE

$10,800,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

51

PRICE/UNIT

$211,765

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1979

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,685 SF

ZONING

CR

APN/PARCEL ID

5155-019-003

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.