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    608 Rampart Blvd Los Angeles, CA 90026

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    For Sale
    $2,094,000

    Seven-unit multifamily property on the border of Echo Park and Silverlake.

    Property Features for 608 Rampart Blvd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1960

    Source: KELLER WILLIAMS REALTY CALABASAS Agent JARED LEVINE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property Near Echo Park

    Located on the border of Echo Park and Silver Lake, Los Angeles, this multifamily property features seven units. The property, named Olive on Rampart, includes three structures on a 7,313 square foot lot. The building footprint is 4,040 square feet. Built in 1924/25 and 1960, the property is zoned LARD 2. The units are one-bedroom layouts. Each unit includes in-unit laundry and mini-split HVAC systems. Select units have private balconies or outdoor spaces. The property has separately metered utilities, tenant-paid trash, secure gated access, and on-site parking. The property is a stabilized, turnkey asset. The property has been maintained by long-term ownership and features modern upgrades. The property is located in one of LA’s highest-demand rental markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.27241
    Latitude
    34.07575

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    FAQs

    What type of property is this?
    Apartment building - Seven-unit multifamily property on the border of Echo Park and Silverlake.
    Where is this apartment building located?
    The property is located at 608 Rampart Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,094,000.
    What are key features of this property?
    This property features: - 6.08% CAP Rate: Represents a strong return on investment.; - In-Unit Laundry & Mini-Split AC: Highly desirable amenities for tenants.; - Prime Location: Situated on the border of Echo Park and Silver Lake, two highly desirable neighborhoods.
    (818) 657-6500
    Request Owner's contact information
    608 Rampart Blvd Los Angeles, CA 90026
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    Los Angeles, CA 90026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 Rampart Blvd Los Angeles, CA 90026
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