Property Detail

119 Rampart

Los Angeles CA 90057

$2,899,000

Status: Active

Property Details

Description

119 S Rampart Blvd is a brand new, no-RSO fourplex in the heart of LA’s Westlake neighborhood, minutes from DTLA, Echo Park, and Silver Lake. Built in 2025, this premium investment delivers an outstanding projected 5.25% cap rate with $204,000 in annual income across four large units: 2 x 4bd/4b, 1 x 4bd/4.5b, and 1 x 3bd/3.5b. Spanning 5,865 SF, this modern building is packed with investor and renter appeal—kitchen islands, tons of balconies, in-unit washers/dryers, and private garages (6 garage + 2 bonus spaces). All units are separately metered, keeping owner expenses low while maximizing long-term returns. With no rent control and delivered fully vacant, 119 S Rampart is a dream scenario for any 1031 buyer seeking turnkey cash flow and low maintenance in a central LA location. At $494/SF and $724,750/door, this is a rare opportunity to own new construction priced for today’s yield-driven market.

Map Location

Listing provided courtesy of Lauren Cearley of Myunits.com Inc.. Last updated 2025-07-17 08:11:15.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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