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$1,250,000

Beds
4
Baths
2.0
sq ft
3,058

226 S Rampart Blvd, Los Angeles, CA 90057

226 S Rampart Blvd

Los Angeles, CA 90057

  • 61 days on market
Wow! Beautiful craftsman home in Rampart Village brimming with potential. 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. Lowest price per square foot for a home in this zip code! 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. Seller financing available!! Contact listing agent for more details or to schedule a showing.

Details

Property type

Single Family Residence

Est. home value

$1,431,899

Lot size

7,001 sq ft

Price per sq ft

$409

Year built

1911

HOA

No

Price History

07/30/2024
CLAW

CLAW #23341815

Removed
$1,260,000
+0.8%
07/29/2024
CLAW

CLAW #24420825

Listed
$1,250,000
-0.79%
07/09/2024
CLAW

CLAW #23341815

Price change
$1,260,000
-2.7%

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Wells Fargo Bank

Loan start date

December 1994

Original loan amount

$126,400

Est. remaining balance

Not provided

Interest rate

7.87%

Loan type

Not Provided

Seller

Diony Topacio and Salvacion Topacio

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: 09/28/2024 at 5:35 PM

Listing updated: 08/06/2024 at 5:13 AM

Listed by: Daniel Shamooelian, Keller Williams Beverly Hills Phone #: (310) 432-6400

MLS: CLAW #24420825

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