7,313 Sqft Lot
7,313 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25111081
HOA Y/N No
Year Built 1960
Lot Size 7,313 Sqft
Property Sub-Type Mixed Use
Property Description
We are pleased to present Olive on Rampart, a beautifully curated 7-unit multifamily property ideally located on the border of Echo Park and Silver Lake—two of Los Angeles' most dynamic and desirable neighborhoods. Originally built in 1924/25 and 1960, the property sits on a 7,313 SF lot with a 4,040 SF building footprint, zoned LARD 2. Comprising seven one-bedroom units spread across three charming structures, Olive on Rampart offers boutique-style living with timeless curb appeal and thoughtfully designed layouts in one of LA's most vibrant urban cores.
This is a rare chance to acquire a stabilized, turnkey asset in one of LA's highest-demand rental markets. Olive on Rampart has been impeccably maintained by long-term ownership and features modern, trend-conscious upgrades throughout. All units include in-unit laundry, mini-split HVAC systems, and either private balconies or outdoor spaces—amenities rarely found in comparable properties. Key investment highlights include separately metered utilities, tenant-paid trash, secure gated access, and on-site parking. With 6 to 7 units potentially eligible for rent increases and strong in-place cash flow, this low-maintenance asset offers both current income and long-term upside in a supply-constrained market.
Located just steps from the 101 Freeway and minutes to Sunset Blvd, Olive on Rampart benefits from unmatched connectivity and walk-able access to the best of Echo Park and Silver Lake. The surrounding neighborhood continues to evolve with new developments, popular cafes, restaurants, boutiques, and cultural hot-spots attracting a steady influx of young professionals and long-term renters. This unique blend of residential charm and urban energy drives consistent rental demand, making Olive on Rampart a compelling investment in one of Los Angeles' most resilient and trend-forward sub-markets.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5402010025
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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