339 N Rampart Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 3 bath
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Los Angeles, California 90026
This property presents a Strong Value Opportunity with a List Price of $1,200,000—positioned well below the $1,275,569 Fair Market Value by 5%. This valuation gap offers $75,569 in Instant Equity. Featuring R3 Zoning and a Condition Rating of 4, the home offers significant upside for redevelopment or expansion. With City Lights views and a flexible layout including a private-entry bedroom, this is a high-potential asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 N Rampart Boulevard Subject | $1,200,000* List Price | 4 | 3 | 1,716 | $745 | - |
A 646 N Dillon Street Sold | $1,200,000 | 2 | 1 | 1,580 | $759 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, the property is well-maintained but significantly dated. While the description mentions a remodeled primary bathroom, the visual evidence—including wallpaper borders, older laminate flooring, and the reliance on window AC units rather than central HVAC—indicates that major renovations are likely 20+ years old. The home is move-in ready but requires cosmetic updates and system modernizations.
The R3-zoned lot provides a rare opportunity for investors or homeowners to expand the existing residence, add additional units, or completely redevelop the site in a high-demand area.
Situated just four blocks from Sunset Boulevard, the property offers exceptional walkability and access to the trendy restaurants, cafes, and nightlife of Silver Lake and Echo Park.
The floor plan includes a second bedroom with a private exterior entrance, making it ideal for a home office, guest suite, or potential rental income to offset the mortgage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1716, other record living area = 856. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1921, the home may require significant updates to aging systems such as plumbing, electrical, and foundation that are common in century-old properties.
The local public schools carry ratings ranging from 3 to 5, which may be a deterrent for families specifically seeking top-tier educational performance.
Situated on an R3-zoned lot in one of Los Angeles' most dynamic and rapidly evolving neighborhoods, 339 N. Rampart Blvd presents a rare opportunity for both homeowners and investors. Just four blocks from the iconic Sunset Boulevard, residents enjoy convenient access to some of the area's most popular restaurants, cafes, nightlife, and shopping destinations.The property offers secure gated parking for two vehicles in the driveway, plus a detached one-car garage with convenient alley access. Positioned on an east-facing lot, the home captures abundant natural light throughout the day and enjoys charming views toward the Downtown Los Angeles skyline.Inside, warm wood flooring and sun-filled interiors create an inviting atmosphere. The primary suite features a remodeled en-suite bathroom and a peek-a-boo view of the DTLA skyline. The spacious living area flows seamlessly into a large eat-in kitchen offering generous counter space and functionality for everyday living and entertaining.A thoughtfully designed floor plan provides flexibility and privacy. The second bedroom features its own exterior entrance, making it ideal for guests, a home office, or potential rental use. Two additional bedrooms are situated toward the rear of the home, creating a private retreat away from the main living spaces.The expansive backyard offers ample room for outdoor entertaining, gardening, or future enhancements. With R3 zoning and strong development potential, buyers may explore opportunities to expand the existing residence, add additional units, or redevelop the site entirely (buyer to verify with the City of Los Angeles).A unique opportunity to acquire a property that combines comfortable living, city views, and significant upside potential in a highly desirable central Los Angeles location.Please do not disturb occupants.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-1 • 0.5 mi
Grades K • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,716 | 1,672 |
| Lot Size | 4,000 | 6,067 |
| Price | $1.20M | $1.37M |
| Price per sq ft | $699 | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 35 | 56 |
Jun 18, 2026
$1,200,000
Initial Listing