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We are pleased to present for sale an R3-1, TOC TIER 2, development opportunity located in the highly gentrifying area of Historic Filipinotown! Due to its close proximity to Silver Lake, Echo Park, and Koreatown, this is a prime development opportunity for investors looking to capture strong rents in a highly increasing demand area. 146 N Rampart is currently a single family home=NO COSTLY TENANT RELOCATION! The home sits on a very desirable 6,877 sqft lot, meaning a developer can build 8 units by right or up to 15 units utilizing the new TOC regulations (only $78,000/door!!!). The TOC also provides for reduced parking and setback requirements (buyer to verify all zoning and TOC regulations with LADBS). 146 N Rampart has a walk score of 80 (Very Walkable), excellent for future tenants. Home to be sold As-Is. Do not miss this opportunity to build in Historic Filipinotown, one of LA's hottest neighborhoods! Contact listing agent for more details.
Last Updated | 12/4/2019 | Year Built | 1910 |
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Community | Silver Lake - Echo Park (C21) | County | Los Angeles |
Price History
Prior to Sep 9, '19 | $1,250,000 |
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Sep 9, '19 - Oct 16, '19 | $1,225,000 |
Oct 16, '19 - Dec 4, '19 | $1,199,000 |
Dec 4, '19 - Today | $1,175,000 |
Additional Details
AIR | Other |
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AIR CONDITIONING | Yes |
AREA | Silver Lake - Echo Park (C21) |
FIREPLACE | Yes |
GARAGE | Other, Yes |
HEAT | Other |
LOT | 6876 sq ft |
POOL | Yes |
POOL DESCRIPTION | Other |
STYLE | Other |
VIEW | Yes |
VIEW DESCRIPTION | Other View |
ZONING | LAR3 |
Location
Contact us about this Property
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