tomo logo

$999,000

Beds
7
Baths
7.0
sq ft
2,655

215 N Rampart Blvd, Los Angeles, CA 90026

215 N Rampart Blvd

Echo Park, CA 90026

  • 77 days on market
An exceptional development opportunity featuring a Single-Family Residence (SFR) and an Accessory Dwelling Unit (ADU), both complete with Ready to Issue (RTI) plans. The unit breakdown includes: SFR: 4 Bedrooms / 4 Bathrooms, approximately 1,437 sq. ft. ADU: 3 Bedrooms / 3 Bathrooms, approximately 1,218 sq. ft. Situated on a spacious 6,731 sq. ft. lot, each unit comes with its own utility room. With all plans approved, this project is set to break ground immediately upon escrow closing. Zoned LAR3, it offers a smooth, hassle-free development process, with no demolition or tenant issues to manage. Located in close proximity to Downtown LA, Koreatown, Silver Lake,and the 101/110 Freeways, this project is perfectly positioned for urban convenience and growth potential.

Details

Property type

Single Family Residence

Est. home value

$1,433,178

Lot size

6,731 sq ft

Price per sq ft

$377

Year built

1913

Price History

09/06/2024
CRMLS

CRMLS #SR24186012

Listed
$999,000
+21.83%
07/26/2022
CLAW

CLAW #22127147

Sold
$820,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Center Street Lending Corp

Loan start date

July 2022

Original loan amount

$22,400

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Commercial

Seller

Rsr Group Inc

Lender

Center Street Lending Corp

Loan start date

May 2022

Original loan amount

$952,000

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Commercial

Seller

Rsr Group Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 7:35 PM

Listing updated: 10/06/2024 at 7:51 PM

Listed by: Aldo Cali, Gold Star Realty Phone #: (818) 757-4567

MLS: CRMLS #SR24186012

CRMLS logo

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