#BB25018045, Lauren Cearley, Listing office: Myunits.com Inc.

119 S Rampart Blvd Los Angeles, CA 90057
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
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.
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Last updated on: 7/16/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Residents of Los Angeles, CA typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 119 S Rampart Blvd
The listing price of 119 S Rampart Blvd property is $2,899,000.
The property 119 S Rampart Blvd is a multi located in Los Angeles, California, 90057.
Active Listing: 119 S Rampart Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 119 S Rampart Blvd are: Rosemont Avenue Elementary (GreatSchools Rating 4/10), Commonwealth Avenue Elementary School (GreatSchools Rating 6/10), Charles White Elementary (GreatSchools Rating 6/10), Citizens of the World Charter School Silver Lake (GreatSchools Rating 5/10), Vista Charter Middle School (GreatSchools Rating 3/10), Camino Nuevo Charter Academy #2 (GreatSchools Rating 3/10), New Village Girls Academy (GreatSchools Rating 4/10), Rise Kohyang High School (GreatSchools Rating 9/10), Harold Mcalister High (Opportunity) (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $12,907 (source: MLS/based on county public records data).
The last sale was on February 29, 2024 for $850,000 (source: MLS/tax record).
The year of construction for 119 S Rampart Blvd is 2025.
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 282 listings were sold over their listed price in June 2025 in Los Angeles, CA. In the same period over 339 listings were sold below the listed price and 108 listings were sold for the listed price. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.