- 15 beds
- – baths
- 5,865 sqft
- 5,251 sqft lot
- $494 per sqft
- 2025 build
- – on site
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.
Last checked:
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Last updated May 15, 2025
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MLS# CRBB25106898 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2025
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:5865
Room Dimensions
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Living Area:5865
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Living Area Units:Square Feet
Location
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Directions:Just 5 minutes off the 101 at Alvarado, 119 S Ramp
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Back Yard
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Parcel Number:5155023004
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Zoning:LAR4
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Lot Features:Back Yard
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5251
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:2086.20
Beds
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Bedrooms Total:15
The Listing
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Listing Terms:Submit
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Virtual Tour URL Branded:https://www.myunits.com/buy/119srampart
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Appliances
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Laundry Features:Inside
The Community
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Association:false
Parking
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Parking Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/25
May 14, 2025
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Relisted | BRIDGE | $2,899,000 | 230.2% (181.4% / YR) |
2/5/24
Feb 5, 2024
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BRIDGE | $877,888 | ||
11/1/23
Nov 1, 2023
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BRIDGE | $877,888 |