226 S Rampart Blvd Los Angeles CA MLS #23-341815

226 S Rampart Blvd
Los Angeles, CA,
$1,430,000
2 Beds
1 Baths
3,058 SqFt
0.16 Acres
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BACK ON MARKET! We are pleased to present for sale an excellent (ED 1) Executive Directive 1 development opportunity located in the Rampart Village neighborhood of Los Angeles. Zoned R4-1, TOC Tier 2, the subject property is situated on a 7,000 sqft lot in close proximity to Downtown LA, Koreatown, Echo Park, Silver Lake & the 101/110 Freeways. Take advantage of the ED 1 fully affordable program, which provides for expedited processing, higher density, and reduced setbacks through the ED1 Ministerial Approval Process OR build up to 36 units using TOC Tier 2 Incentives + ADU’s. The subject property is single family home that will be delivered vacant = no tenant relocation required or RSO! Lots of new development in this pocket. Do not miss this opportunity to build in a high rental demand area of Los Angeles that is undergoing significant growth. Contact listing agent for more details or to schedule a showing.

Property Details

Price:
$1,430,000
MLS #:
23-341815
Status:
Active
Beds:
2
Baths:
1
Address:
226 S Rampart Blvd
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
downtownla
City:
Los Angeles
Listed Date:
Jan 4, 2024
State:
CA
Finished Sq Ft:
3,058
Lot Size:
7,001 sqft / 0.16 acres (approx)
Year Built:
1911
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Laminate
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Building Type
Detached
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Detached/ No Common Walls
Other Structures
None
Parking Garage
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None
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226 S Rampart Blvd
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