226 S Rampart Boulevard, Los Angeles CA, 90057
(Active)
$1,380,000
|
4 beds, 2 Full baths, 3,058 sqft
|
MLS# 23341815
Last Updated: 5/9/2024 5:24 AM
Description for
226 S Rampart Boulevard
Los Angeles, CA 90057
Beautiful craftsman home in Rampart Village brimming with potential! Only ~$450/sf on current asking price. The house has been run as a travel agency over the years and is ready to make your own! 4 bed/2 bath home filled with beautiful woodwork and craftsmanship. Home needs some TLC. Alternatively, the lot present an excellent (ED 1) Executive Directive 1 development opportunity for an astute developer. Zoned R4-1, TOC Tier 2, the subject property is situated on a 7,000 sqft lot in close proximity to Downtown LA, Koreatown, Echo Park, Silver Lake & the 101/110 Freeways. Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process OR build up to 36 units using TOC Tier 2 Incentives + ADU's. The subject property is single family home that will be delivered vacant = no tenant relocation required or RSO! Lots of new development in this pocket. Do not miss this opportunity to build in a high rental demand area of Los Angeles that is undergoing significant growth. Seller financing available!! Contact listing agent for more details or to schedule a???????????????????????????????????????? showing.
Price
$1,380,000
Los Angeles
4
2 Full
3,058 (approx)
23341815
Active
Description
Beautiful craftsman home in Rampart Village brimming with potential! Only ~$450/sf on current asking price. The house has been run as a travel agency over the years and is ready to make your own! 4 bed/2 bath home filled with beautiful woodwork and craftsmanship. Home needs some TLC. Alternatively, the lot present an excellent (ED 1) Executive Directive 1 development opportunity for an astute developer. Zoned R4-1, TOC Tier 2, the subject property is situated on a 7,000 sqft lot in close proximity to Downtown LA, Koreatown, Echo Park, Silver Lake & the 101/110 Freeways. Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process OR build up to 36 units using TOC Tier 2 Incentives + ADU's. The subject property is single family home that will be delivered vacant = no tenant relocation required or RSO! Lots of new development in this pocket. Do not miss this opportunity to build in a high rental demand area of Los Angeles that is undergoing significant growth. Seller financing available!! Contact listing agent for more details or to schedule a???????????????????????????????????????? showing.
Listing Information
| Property Type: Single Family, 2 Story | ||
| 4 | 2 Full | |
| 0.16 Acres | 3,058 (approx) | 1911 |
| 2 | ||
Neighborhood
Room Information
| Bathrooms | |||
| 2 | |||
Total: 4
Interior Features
Laminate
Other,
Wall Furnace
No Common Walls
Living Room
Exterior / Lot Features
1 Parking Spaces,
0 Covered Parking Spaces,
Driveway
None
None
50x140
LAR4
Driving Directions
South of Beverly Blvd, North of 3rd St, East of Hoover St, West of Alvarado St
Financial Considerations
| 5155025014 |
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90057 has a population of 3,956,168.
The median household income in Los Angeles, California 90057 is $39,967. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90057 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/7/2024 | Active | $1,380,000 USD -3.50% |
|
| 4/10/2024 | Active | $1,430,000 USD -1.38% |
|
| 3/26/2024 | Off Market | $1,450,000 USD |
|
| 2/20/2024 | Active | $1,450,000 USD 3.57% |
|
| 1/17/2024 | Active | $1,400,000 USD -6.35% |
|
| 1/4/2024 | Active | $1,495,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $12,363 USD | 4.80% | $993,400 USD | 2.00% |
| 2022 | $11,797 USD | 1.34% | $973,922 USD | 2.00% |
| 2021 | $11,641 USD | -1.00% | $954,826 USD | - |
| 2020 | $11,758 USD | 20.43% | $954,826 USD | 1.04% |
| 2019 | $9,763 USD | -0.77% | $945,036 USD | 18.72% |