Great opportunity to own a large newly renovated fourplex in the highly desirable Echo Park area. Totaling 10 bedrooms and 8 bathrooms and 4,448 sqft of living space, with a cap rate over 5%, this spacious property is what you call a rare find. 2 units feature 3 bedrooms and 2 bathrooms and the other 2 units are 2 bedrooms and 2 bathrooms. Every unit has large kitchens and living rooms with a beautiful open floor plan. The whole property has been renovated from top to bottom including new flooring, kitchens, bathrooms, fixtures, recess lighting, appliances and fresh paint throughout. With separate meters for all 4 units, tankless water heaters, fully paid off solar panels, and parking carports, this is an excellent investment that will yield plenty of cash flow. Also equipt with Electric car outlet, automatic iron gate and surveillance cameras. Just a short drive away from Downtown Los Angeles, Silver Lake and Koreatown, location is everything and this fourplex has it all. The whole property will be delivered vacant so come take a look while you can and make this investment property your priority today!
Property Details
Property Features
Property Information:
Year Built: 1910
Stories: 2
Listing Office:
Office Name: Moon Realty
Office Phone: (626) 688-9150
Listing Agent: Robby Moon
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
Contreras Learning Center-School of Social Justice, Public District Grades 9-12
Virgil Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Rosemont Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Cross St is Beverly Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $2,970,000
Tax Information:
Annual Amount: $12,893
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.9M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24026051
Listing Office:
Office Name: Moon Realty
Office Phone: (626) 688-9150
Listing Agent: Robby Moon
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 25, 2017
Apr 25, 2017Home Sold
$970,000
Mar 29, 2016
Mar 29, 2016Home Sold
$845,000
Sep 05, 2012
Sep 05, 2012Home Sold
$490,000
Mar 05, 2004
Mar 05, 2004Home Sold
$487,000
Nov 24, 1997
Nov 24, 1997Home Sold
$265,000
May 16, 1997
May 16, 1997Home Sold
$130,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,893
$1,040,034
2020
$12,516
$1,029,371
2019
$12,370
$1,009,188
2018
$10,736
$989,400
2017
$10,736
$861,900
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.08 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.60 miles
Public Magnet Grades 1-5
Middle School
4
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.84 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.27 miles
Public District Grades 6-8
High School
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-School of Social Justice
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Assigned Schools
5
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.08 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.60 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.84 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.27 miles
Public District Grades 6-8
Nearby Schools
4
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.29 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-School of Social Justice
322 Lucas Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $52,778. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 136 N Rampart Blvd in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home, which was built in 1910, sits on a 0.16 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $2,970,000.
Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.