Description
129-131 North Rampart Blvd., Los Angeles CA 90026 is a beautiful, historic, Spanish style 9-unit apartment community located in Rampart Village. The offering provides a significant value-add opportunity as current rents are below market. Built-in 1923 (rear unit) and 1928 (front units), this apartment community encompasses 5,781 SF of improvements and features a unit composition of Five (5) One Bed | One Bath and Four (4) Large Single | One Bath apartment units. These apartment units are larger in size relative to competing units in the area and are estimated to be approx. 650 SF for the One Bed | One Bath units and 450 SF for the Four (4) Large Single | One Bath, depending on the orientation within the buildings.129-131 North Rampart Blvd. offers residents a boutique living experience while being centrally located in one of the most engaging and diverse neighborhoods in LA. Additional amenities include onsite laundry for tenants. Gas utilities are separately metered and Electrical utilities are master metered allowing for a potential 4% annual rent increase.
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Listing Agent: Nick Astrupgaard 01893466 Courtesy of: KW Commercial Studio City "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. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 6th July, 2022 11:38 AM (UTC)
