406 N Rampart Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath
406 N Rampart Boulevard
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 406 N Rampart Boulevard, Los Angeles, California 90026 is currently available with a list price of $925,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1921. One unit has been upgraded with plantation shutters, hardwood floors, and a remodeled bathroom. The other unit appears to have original features. The kitchens show their age, but appear functional. Overall, the property is aged but maintained, requiring some updates.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property is a 2-unit duplex, providing immediate rental income opportunities for investors or the chance to live in one unit and rent out the other.
- Prime Location
Located near Echo Park, Silver Lake, East Hollywood, Historic Filipino town, and Westlake, offering convenient access to various amenities and attractions.
- Upgraded Unit
One unit features desirable upgrades such as plantation shutters, hardwood floors, and a remodeled bathroom, enhancing its appeal.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1921, the property may require ongoing maintenance and potential upgrades due to its age.
- Limited Parking
Each unit has only a 1-car garage, which may be insufficient for tenants or owners with multiple vehicles.
- Potential for Renovation
While one unit is upgraded, the other unit may require renovations to match the upgraded unit's standards, potentially incurring additional costs.
About 406 N Rampart Boulevard
Motivated Seller!! Great opportunity to own a 2-unit property in a prime Los Angeles location—perfect for owner-occupants or investors! Live in one unit and rent out the other. Ideally located near Echo Park, Silver Lake, East Hollywood, Historic Filipino town, and Westlake, and just 4 miles from USC. Each unit offers 2 bedrooms, 1 bathroom, a spacious living room, a kitchen with ample storage, washer/dryer hookups, and a 1-car garage. One unit has been upgraded with plantation shutters, hardwood floors, a remodeled bathroom, and paid-off solar panels for added energy efficiency. The gated property features a private backyard with mature fruit trees, including lemon, calamansi, persimmon, and cherimoya. Each unit has separate entrances, utility meters, and hookups. Convenient access to the 101, 110, and 5 freeways. First-time buyers may qualify for a $20,000 homebuyer incentive—ask for details! Don’t miss this income-generating opportunity!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1921
- Lot Size
- 5,548 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rosemont Avenue Elementary School
Grades K-5 • 0.3 mi
Lake Street Primary School
Grades K-1 • 0.5 mi
Lafayette Park Primary Center
Grades K • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,280 | 2,280 | 50% |
| Lot Size | 5,548 | 5,548 | 50% |
| Price | $925.0K | $1.09M | 31% |
| Price per sq ft | $406 | $481 | 31% |
| Built year | 1921 | 1928 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 232 | 212 | 62% |
Pricing History
No pricing history data available.