226 S Rampart Boulevard Los Angeles, CA 90057
2
Beds
1
Bath
3,058
Sqft
7,001
Sqft lot
0.16
Acre lot
$1,430,000
Est.$5,086 / mo.*
Status:
Active
Property Type:
Single Family Residence
Year Built:
1911
Days on Website:
122
Listing courtesy of Daniel Shamooelian (CalBRE#01984269), Keller Williams Beverly Hills {attribution_contact}
Description
BACK ON MARKET! We are pleased to present for sale an excellent (ED 1) Executive Directive 1 development opportunity located in the Rampart Village neighborhood of Los Angeles. 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. Contact listing agent for more details or to schedule a showing.Property Details and Features
Bathrooms
- 1 full bathroom
Bedrooms
- 2 bedrooms
Building
- 3058.00 living sqft
- Common walls: No Common Walls
- Architectural style: See Remarks
- Levels: Two
- 1 story
- Built in 1911
Fireplaces
- Living Room
Floors
- Laminate
Heating
- Wall Furnace
Listing
- Listing ID: 23341815
- 467.63 per sqft
- 76 days on market
Location
- MLS area: C42 - Downtown L.A.
- County: Los Angeles
Lot
- 0.1607 acres
- 7,001 sqft
- Dimensions: 50x140
Parking
- 1 space
- Driveway
Property
- Zoning: LAR4
Based on information from CRISNet MLS as of May 5, 2024 20:48. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.