406 N Rampart Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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Los Angeles, California 90026
This Prime Income-Generating Duplex is listed at $925,000, aligning perfectly with its $925,000 Fair Market Value. Boasting a Condition Rating of 4, the property features an upgraded unit with hardwood floors, a remodeled bathroom, and paid-off solar panels. Located near Echo Park and Silver Lake, it offers access to Top-Rated Schools including Rosemont Avenue Elementary and Virgil Middle School. With a private patio, separate utility meters, and a $20,000 buyer incentive, this asset is ideal for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking stable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 406 N Rampart Boulevard Subject | $925,000* List Price | 0 | 0 | 2,280 | $406 | - |
A 2958 London Street Sold | $1,200,000 | 0 | 0 | 2,494 | $481 | 0.3 mi |
B 2537 Elsinore St Sold | $965,000 | 0 | 0 | 2,208 | $437 | 0.6 mi |
C 1530 W Temple Street Active | $775,000 List Price | 0 | 0 | 2,267 | $342 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
Located near Echo Park, Silver Lake, East Hollywood, Historic Filipino town, and Westlake, offering convenient access to various amenities and attractions.
One unit features desirable upgrades such as plantation shutters, hardwood floors, and a remodeled bathroom, enhancing its appeal.
Built in 1921, the property may require ongoing maintenance and potential upgrades due to its age.
Each unit has only a 1-car garage, which may be insufficient for tenants or owners with multiple vehicles.
While one unit is upgraded, the other unit may require renovations to match the upgraded unit's standards, potentially incurring additional costs.
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!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-1 • 0.5 mi
Grades K • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,280 | 2,387 | 50% |
| Lot Size | 5,548 | 5,115 | 50% |
| Price | $925.0K | $1.15M | 21% |
| Price per sq ft | $406 | $478 | 29% |
| Built year | 1921 | 1922 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 279 | 231 | 79% |
No pricing history data available.