428 N Rampart Boulevard

  • Echo Park

  • $525,000
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Residential Income Details

Description
Looking for an investment property on the Eastside where you're cash-flow positive with 25% down? Difficult to find in this market. Here is a unique opportunity to get your foot in the door: buy 1/4 of a completely renovated 4-plex, with exclusive rights to one unit. Operating similar to a condo, this set-up affords the novice entry-level investor the opportunity to enter the investment market in LA. Or maybe you're looking to buy an investment property with friends, where you can each live in a unit and share expenses. All units in this 4-plex are for sale, and with 10% down, a mortgage would be less than rent. So, grab your friends, or invest with other like-minded folks and enjoy all the benefits of being a home-owner. This property has undergone a major overhaul and has been completely updated with all new: plumbing, electrical, retrofitted foundation, tankless H20 heater, HVAC, dual-pane windows, kitchen and baths, walls, flooring, appliances including washer/dryer.
Essential
MLS #18385072
Price$525,000
Number of Units1
Sale TypeStandard
StatusActive
Listing BrokerageTRG Realty Company, Inc.
Listing AgentElizabeth McDonald
Listing Agent BRE #01856445
Interior
FeaturesOpen Floor Plan,High Ceilings (9 Feet+)
FloorWood
AppliancesIce Maker,Garbage Disposal,Gas Oven,Refrigerator,Microwave,Built In Range,Gas Water Heater,Dishwasher,Tankless Water Heater
CoolingCentral
FireplaceNone
Exterior
ParkingAssigned
ViewCity Lights,Landmark
PoolNone
RoofingComposition
Community
Area671 - Silver Lake
Address428 N Rampart Boulevard
CityEcho Park
CountyLos Angeles
StateCA
ZipCode90026
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, September 21, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.