226 N Rampart BLD Active

Los Angeles,CA 90026

$ 1150000

8 Beds

4 Baths

3808 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,808 sqft

Price per Sqft $301

MLS Listing ID CRWS25065101

Bedrooms 8

Full Baths 4

Year Built 1966

Lot Size 6,884 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

Excellent opportunity for investors/developers or an owner-user to own and live in a triplex within historic Filipino town! Directly adjacent to Echo Park/Silverlake this triplex has an original front house that has 5 bedrooms. Current owners resided for over 50 years and needs full remodel! Fixer! Needs TLC. Bring your contractor! There are an additional two units built in 1966 which includes a large two bedroom upstairs unit with balcony, and another 1 bedroom unit on the ground floor. There is parking for approximately 5 cars. Property is on a large R3 lot. You may build 8 units by right or up to 15 with TOC tier 2. One can also explore ED-1 and possibly build even more units! The current rental rates for the 2 units are $974 and $794 due increases now. Own or live in the most rapidly growing markets adjacent to Downtown, Rampart Village, Echo Park, and Silver Lake. Area is centrally located to LA's notable Dodger Stadium, Elysium Park, Disney Concert Hall, 110 and 101 freeway, a developing Metro Regional Connector and more!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Heating Gas

Cooling None

Fireplaces Type Living Room

Laundry Other

Exterior

Parking Features Carport ,Other

Pool None

Utilities Available Other

View None

Building

Lot Description Flag Lot

Foundation Raised

Water District - Public

Others

Tax ID 5157002005

Special Listing Condition Not Applicable

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