#BB25018045, Lauren Cearley, Listing Office: Myunits.com Inc.
#BB25106898·
Listing office: Myunits.com Inc.·
Listing agent: Lauren Cearley·
Listing office phone: 209-298-6020
$2,899,000 List price
119 S Rampart Blvd Los Angeles, CA 90057
0.1 acres
Multi-Family
Property details
About 119 S Rampart Blvd
119 S Rampart Blvd is a brand new, no-RSO fourplex in the heart of LA’s Westlake neighborhood, minutes from DTLA, Echo Park, and Silver Lake. Built in 2025, this premium investment delivers an outstanding projected 5.25% cap rate with $204,000 in annual income across four large units: 2 x 4bd/4b, 1 x 4bd/4.5b, and 1 x 3bd/3.5b. Spanning 5,865 SF, this modern building is packed with investor and renter appeal—kitchen islands, tons of balconies, in-unit washers/dryers, and private garages (6 garage + 2 bonus spaces). All units are separately metered, keeping owner expenses low while maximizing long-term returns. With no rent control and delivered fully vacant, 119 S Rampart is a dream scenario for any 1031 buyer seeking turnkey cash flow and low maintenance in a central LA location. At $494/SF and $724,750/door, this is a rare opportunity to own new construction priced for today’s yield-driven market.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1205 Acres
Year builtNew Const., 2025
MLS #BB25106898
Garage6 spaces
ViewCity Lights, Neighborhood
Summary
- Appliances: Dishwasher, Electric Oven, Freezer, Microwave
- Fireplace: None
- Garage Space: 6 spaces
- Private Pool: No
- View: City Lights, Neighborhood
- Heating: Central
- Cooling: Central Air
- List Price: $2,899,000
- Annual Tax Amount: $12,907
- Tax Year: 2024
- Lot: Back Yard
- Directions: Just 5 minutes off the 101 at Alvarado, 119 S Rampart sits just adjacent to the heart of Echo Park, offering unbeatable access to DTLA, Echo Park, and Koreatown—ideal for investors or renters seeking high-demand centrality and walkability.
- Year Built: 2025
- Stories: 2
- Lot Size: 0.1205 Acres
- MLS Number: BB25106898
- MLS Name: CRMLS
- Office Name: Myunits.com Inc.
- Office Phone: (209) 298-6020
- Listing Agent: Lauren Cearley
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,899,000
119 S Rampart Blvd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 29, 2024 | Home Sold | $850,000 |
| Feb 10, 2006 | Home Sold | $675,000 |
| Dec 16, 2005 | Home Sold | $473,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,041,334 | $12,907 |
| 2023 | $1,020,916 | $12,662 |
| 2022 | $1,000,899 | $12,081 |
| 2021 | $981,274 | $11,925 |
| 2020 | $853,735 | $10,218 |
| 2019 | $836,996 | $10,093 |
| 2018 | $820,585 | $9,876 |
| 2017 | $804,496 | $9,876 |
History based on county public records data.
Nearby schools
4
Rosemont Avenue Elementary
Public District 2-5
0.5 mi
•421 Rosemont Ave
6
Commonwealth Avenue Elementary School
Public District 1-5
0.5 mi
•215 S Commonwealth Ave
6
Charles White Elementary
Public District 1-5
0.6 mi
•2401 Wilshire Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,650. The majority of Los Angeles, CA residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
43%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 119 S Rampart Blvd in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $2,899,000.
Over 395 listings were sold over their listed price in April 2025 in Los Angeles, CA. In the same period over 328 listings were sold below the listed price and 148 listings were sold for the listed price. Between March and April 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.2%. In April 2025 median list price was $896,516 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.