608-612 N Rampart Blvd - Apartments FOR SALE


Los Angeles, CA 90026- Silver Lake
$2,395,000 USD
818-399-4880
608-612 N Rampart Blvd, Los Angeles, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/34
null | 5.17% Cap Rate

608-612 N Rampart Blvd
Los Angeles, CA 90026
Silver Lake


HIGHLIGHTS

  • Prime Echo Park / Silver Lake Location
  • Parking / In-Unit Laundry / In-Unit Mini Split AC / Private Balconies or Outdoor Spaces
  • Stabilzed Asset With Proven In-Place Cash Flow, Upside Potential, and Rent Increase Opportunity
  • Tenants Pay For Trash, and All Units Separately Metered, Offering Streamlined Expenses and Operational Efficency
  • Seven One Bedroom Units Across Three Buildings with Gated Access to the Property
  • Long Term Ownership Maintained the Property with On Trend Interior and Exterior Upgrades

OVERVIEW

Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is 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 long-term upside in a supply-constrained market. Located just steps from the 101 Freeway and minutes to Sunset Blvd, Olive on Rampart benefits from unmatched connectivity and walk-able access to the best of Echo Park and Silver Lake. The surrounding neighborhood continues to evolve with new developments, popular cafes, restaurants, boutiques, and cultural hot-spots attracting a steady influx of young professionals and long-term renters. This unique blend of residential charm and urban energy drives consistent rental demand, making Olive on Rampart a compelling investment in one of Los Angeles’ most resilient and trend-forward sub-markets.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$593 USD /SF

# OF UNITS

7

PRICE/UNIT

$342,143

CAP RATE

5.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olive on Rampart

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,458 SF

ZONING

RD2, Los Angeles

APN/PARCEL ID

5402-010-025

ASK ABOUT THIS PROPERTY

Jared LevineJML Real Estate GroupMore Info
818-399-4880

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Jared LevineJML Real Estate GroupMore Info
818-399-4880

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