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Vintage Brick Apartment Building
New
For Sale
$2,100,000

142 N Rampart Blvd, Los Angeles, CA 90026

The three-story property combines a studio and one-bedroom mix with separately metered gas and electricity.

Property Size13,638 SF
Lot Size0.16 Acres
Price / SF$153.98
Days on Market7

Property Features for 142 N Rampart Blvd

General Information

Standard status Active
Size 13,638 SF
Lot size 0.16 Acres
Property subtype MULTI_FAMILY

Financials

Asking Price $2,100,000
Cap Rate 5.36%
Gross Rent Multiplier 8.77

Units

Unit Mix 12 x 1BR/1BA, 6 x studio
Multifamily Units 18

Additional Details

Utilities to Site Yes

Amenities

community laundry room

Building Details

Building Size 13,638 SF
Year Built 1928
Stories 3
Construction brick
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Source: Rochellemaize
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 13 at 12:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1928, this three-story brick apartment property contains 18 units: 12 one-bedroom, one-bath apartments and six studios. The building encompasses approximately 13,638 square feet on a 6,891-square-foot lot, with arched windows and entryways among its architectural details. Residents have access to a community laundry room, and gas and electricity are separately metered.

The property is in Historic Filipinotown, approximately 1.5 miles from Echo Park Lake and the Sunset Boulevard businesses in Echo Park. Sunset Junction in Silver Lake is also approximately 1.5 miles away, while Virgil Village’s cafes, restaurants, and retail are within a short drive.

At current rents, the property reports a 5.36% CAP and an 8.77 GRM. Projected rents are associated with a 10.09% CAP and a 6.12 GRM.

Key Highlights

  • 18 apartments: 12 one‑bedroom/one‑bath units and 6 studios
  • Approximately 13,638 SF of building area on a 6,891 SF lot
  • Built in 1928; three‑story brick building with arched windows and entry openings

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,323
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The three-story property combines a studio and one-bedroom mix with separately metered gas and electricity.
Where is this apartment building located?
The property is located at 142 N Rampart Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 18 apartments: 12 one‑bedroom/one‑bath units and 6 studios; Approximately 13,638 SF of building area on a 6,891 SF lot; Built in 1928; three‑story brick building with arched windows and entry openings
More about this property
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