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MLS:23-341815

226 Rampart, Los Angeles, CA 90057

Priced at: $1,260,000
Bedrooms:
4
Bathrooms (Full):
2
Bathrooms (Half):
0
Living Area SqFt:
3,058 Sq Ft
Lot SqFt:
7,001 Sq Ft
Year Built:
1911
PRICE REDUCED! Beautiful craftsman home in Rampart Village brimming with potential. Only $412/SF on current asking price, LOWEST price per square foot for a home in this zip code!!! 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 presents 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.

Fees

Features

Equipment/ Appliances:
  • Other
Parking:
  • Driveway
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MLS: 23-341815
226 Rampart, Los Angeles, CA 90057
Price: $1,260,000
Listing courtesy of Keller Williams Beverly Hills

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

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