631 North Rampart Boulevard

Los Angeles, CA 90026

$1,125,000
Last Sold Price
6
Beds
3.5
Baths
2,450 Sq. Ft.
$459 / Sq. Ft.
2,450
Sq. Ft.
$459
per Sq. Ft.

Description

Property is Tenant occupied: ABSOLUTELY DO NOT DISTURB OCCUPANTS OR WALK PROPERTY. Drive by only. Amazing triplex opportunity in prime Rampart Village. Spanish style side by side 2 bedroom/1 bath duplex, plus a free standing 2 bed/1.5 bath home in back with its own private yard & garage. Wonderful income, plenty of off-street parking, fantastic location. Strong rental income, low maintenance, with room for upside in rental income. Some system upgrades. Fantastic owner/user potentiale. Cap rate is...Property is Tenant occupied: ABSOLUTELY DO NOT DISTURB OCCUPANTS OR WALK PROPERTY. Drive by only. Amazing triplex opportunity in prime Rampart Village. Spanish style side by side 2 bedroom/1 bath duplex, plus a free standing 2 bed/1.5 bath home in back with its own private yard & garage. Wonderful income, plenty of off-street parking, fantastic location. Strong rental income, low maintenance, with room for upside in rental income. Some system upgrades. Fantastic owner/user potentiale. Cap rate is 4.8, with a GRM of 15.5. This is the one!

Listing Agents

  1. Julie Mollo

    Julie Mollo

    Listing Agent

    Compass

    DRE #01818207

  2. Henry Plascencia

    Henry Plascencia

    Alternative Listing Agent

    Compass

    DRE #01250465

Property Details for 631 North Rampart Boulevard

Zoning
LARD2
Style
Spanish
Cross Streets
Alvarado
Parcel Number
5402009014
Total Units
3.0
Living Area
2450
Source Living Area
Assessor
Area
Silver Lake (671)

Location

Listing Courtesy of Compass, Julie Mollo, DRE #01818207; Compass, Henry Plascencia, DRE #01250465

Sold By Figure 8 Realty, Nicholas Fichera, DRE #01932217

Add your commute
LISTING UPDATED: 02/01/2021 03:15 PM

Property Details for 631 North Rampart Boulevard

StatusSold
MLS #20-665786
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.17 AC / 7,309 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Julie Mollo, DRE #01818207; Compass, Henry Plascencia, DRE #01250465

Sold By Figure 8 Realty, Nicholas Fichera, DRE #01932217

Add your commute

Building Information for 631 North Rampart Boulevard

Stories1Residences-Year Built1921Building Size-Lot Size0.17 AC / 7,309 SF

Payment Calculator

$7,354 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$1,214

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 631 North Rampart Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: income
  • Security Features: Window Bars
  • Direction Faces: East
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Limited Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $69,756
  • Net Operating Income: $51,888.50
  • Gross Income: $69,756
  • Cap Rate: 4.80%
  • Gross Rent Multiplier: $15.50
  • Actual Annual Gross Rent: $69,756.00
  • Total Annual Expense: 17867
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1678
  • Lot Size Square Feet: 7309
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Carport Spaces Total: 0
  • Parking Features: Driveway
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-02-2020
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,080.00
  • Unit Actual Rent: $2,080.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 631
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,845.00
  • Unit Actual Rent: $1,845.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 633
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,888.00
  • Unit Actual Rent: $1,888.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 635
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $216,451.00
  • Assessed Improvement Percent: 41.67
  • Assessed Land Value: $303,031.00
  • Assessed Land Percent: 58.33
  • Assessed Total Value: $519,482.00

Property History for 631 North Rampart Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 631 North Rampart Boulevard

Taxable ValueLand$832,320Additions$338,130Total$1,170,450
Tax Record2023$14,574 ($1,214 / month)
Home Facts
Total Finished SqFt2,450 SqFtAbove Grade Finished SqFt2,450 SqFtLot Size7,309 SqFtStyleTriplexYear Built1921ZoningLARD2CountyLOS ANGELESAPN5402-009-014

Schools near 631 North Rampart Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Camino Nuevo Charter Academy No. 4
CharterK to 8

Virgil Middle School
Public6 to 8

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Julie Mollo, DRE #01818207; Compass, Henry Plascencia, DRE #01250465

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.