226 S Rampart Boulevard, Los Angeles, California 90057, Los Angeles, 90057 - 4 bed, 2 bath
ACTIVE$1,099,000
226 S Rampart Boulevard, Los Angeles, California 90057
4Beds
2Baths
3,058Sqft
0.16Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High-Density Zoning & Investment Potential: Zoned LAR4, one of the highest density residential zones, offering excellent investment potential for future development or multi-unit conversion.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 6999. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Compared to the nearby listings
Price:$1.10M vs avg $989.5K (+$109,500)50%
Size:3,058 sqft vs avg 1,841 sqft75%
Price/sqft:$359 vs avg $54625%
More Insights
Built in 1911 (114 years old).
Condition: Built in 1911, this property is severely outdated and requires substantial rehabilitation. The kitchen is extremely basic, lacking modern appliances and featuring very old, painted cabinetry and minimal lighting, suggesting it's barely functional as a residential kitchen. The bathroom is equally dated with an old vanity, strip lighting, and a tub with sliding glass doors. The overall interior, currently configured as an office, shows significant wear and tear, utilitarian lighting, and original features that, while historic, are not up to modern living standards. Major systems (plumbing, electrical, HVAC) likely require significant upgrades, as indicated by the property's age and lack of apparent recent renovation.
Year Built
1911
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$359
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2510732
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
Welcome to this one-of-a-kind property showcasing detailed craftsmanship in a prime Rampart Boulevard location. The 4-bedroom + multipurpose room, 2bath home boasts a unique set up. The first floor is used for Life and Leisure travel agency operations with 2 bedrooms at the rear, a fireplace and administration/reception area at the front. As you walk upstairs, you will see a U- shaped foyer with fine wood craftmanshift, another fire place with two additional bedrooms just beyond it. The home includes a basement, offering flexibility to convert it into a gym or additional living space. Zoned LAR4,one of the highest density residential zone that offers excellent investment potentials. There is ample space at the back for parking or for adding an ADU. With a little creativity, this property can generate multiple income opportunities. According to the owner, the home was once owned by a well-known actress years ago.
Nearby schools
/10
Lafayette Park Primary Center
Public,•K•0.2mi
/10
Lake Street Primary School
Public,•K-1•0.4mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.5mi
3/10
Charles White Elementary School
Public,•1-5•0.6mi
5/10
Union Avenue Elementary School
Public,•K-5•0.6mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.7mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.8mi
8/10
Hoover Street Elementary School
Public,•K-5•0.9mi
2/10
Esperanza Elementary School
Public,•K-5•0.9mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.1mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.2mi
3/10
Leo Politi Elementary School
Public,•K-5•1.3mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.3mi
2/10
Tenth Street Elementary School
Public,•K-5•1.3mi
6/10
Castelar Street Elementary School
Public,•K-5•2.1mi
5/10
Virgil Middle School
Public,•6-8•0.9mi
3/10
Sal Castro Middle School
Public,•6-8•0.9mi
3/10
John H. Liechty Middle School
Public,•6-8•0.9mi
3/10
Berendo Middle School
Public,•6-8•1.5mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.0mi
3/10
Belmont Senior High School
Public,•9-12•0.9mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.2mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.2mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.2mi
8/10
John Marshall Senior High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
01/25/95
Sold
$158,000
Condition Rating
Poor
Built in 1911, this property is severely outdated and requires substantial rehabilitation. The kitchen is extremely basic, lacking modern appliances and featuring very old, painted cabinetry and minimal lighting, suggesting it's barely functional as a residential kitchen. The bathroom is equally dated with an old vanity, strip lighting, and a tub with sliding glass doors. The overall interior, currently configured as an office, shows significant wear and tear, utilitarian lighting, and original features that, while historic, are not up to modern living standards. Major systems (plumbing, electrical, HVAC) likely require significant upgrades, as indicated by the property's age and lack of apparent recent renovation.
Pros & Cons
Pros
High-Density Zoning & Investment Potential: Zoned LAR4, one of the highest density residential zones, offering excellent investment potential for future development or multi-unit conversion.
Income Generation & ADU Potential: The property's current mixed-use setup (first floor as a travel agency) and ample space at the back for an ADU provide significant opportunities for multiple income streams.
Historic Charm & Craftsmanship: Built in 1911, the property boasts detailed craftsmanship, fine wood finishes, and fireplaces, offering unique character and historical appeal.
Prime Location: Situated on prime Rampart Boulevard in Los Angeles, providing a desirable urban address with city lights views.
Versatile Space & Expansion Potential: Includes a 4-bedroom + multipurpose room layout, a basement convertible into additional living space, and potential for an ADU, offering significant flexibility.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 6999. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Property & Potential for Updates: As a 1911 build, the property likely requires substantial investment in updating major systems (plumbing, electrical, HVAC) and addressing deferred maintenance to meet modern standards.
Current Commercial Configuration: The first floor's current use as a travel agency may not suit all residential buyers and could necessitate costly and time-consuming conversion if a purely residential use is desired.
Recent Price Reduction: A recent $100,000 price drop from the original listing price suggests potential market resistance or an initial overvaluation, which could impact perceived value.