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711 S Rampart Blvd
Los Angeles, CA 90057 Koreatown

$5,250,000 USD

Apartments For Sale  •  25,816 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,816 SF
  • Lot Size 0.65 AC
  • Building Class C
  • Year Built 1924
  • Zoning LAC2-4, Los Angeles
83 Transit Score
94 Walk Score

Highlights

8.2 GRM on Current Income with Upside
Remarkable High 6.6% Current Cap Rate
Central Location at Hoover and 7th Street
Old World Charm and Amazing Cash Flow

Amenities

  • Air Conditioning
  • Heating
  • Recycling
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.0 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 4.1 mi
Transit/SubwayDriveWalkDistance
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 10 min 0.5 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 22 min - 13.0 mi
Los Angeles International 24 min - 14.1 mi
Long Beach (Daugherty Field) 31 min - 23.1 mi
Brent Sprenkle 310-621-8221 Northmarq
Brent Sprenkle 310-621-8221 Northmarq