4 Beds
2 Baths
3,058 SqFt
Active
Beautiful craftsman home in Rampart Village brimming with potential! Only ~$450/sf on current asking price. 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 present 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.
Property Details | ||
---|---|---|
Price | $1,380,000 | |
Bedrooms | 4 | |
Full Baths | 2 | |
Half Baths | 0 | |
Total Baths | 2 | |
Property Style | See Remarks | |
Lot Size | 50x140 | |
Lot Size Area | 7001 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1607 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1911 | |
View | None | |
Heating | Wall Furnace | |
Pool features | None | |
Parking Description | Driveway | |
Parking Spaces | 1 | |
Geographic Data | ||
Directions | South of Beverly Blvd, North of 3rd St, East of Hoover St, West of Alvarado St | |
County | Los Angeles | |
Latitude | 34.067596 | |
Longitude | -118.27758 | |
Market Area | C42 - Downtown L.A. | |
Address Information | ||
Address | 226 S Rampart Boulevard, Los Angeles, CA 90057 | |
Postal Code | 90057 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Keller Williams Beverly Hills | |
Listing Agent | Daniel Shamooelian | |
Buyer Agency Compensation | 2.000 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 80 | |
MLS Status | Active | |
Listing Date | Jan 4, 2024 | |
Listing Last Modified | May 8, 2024 | |
Tax ID | 5155025014 | |
MLS Area | C42 - Downtown L.A. | |
MLS # | 23341815 |
This information is believed to be accurate, but without any warranty.