608 N Rampart Boulevard, Los Angeles, CA 90026 (MLS # SR25111081)

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View Virtual Tour PRICE $2,395,000 BEDS 0 BATHS 0 HOME SIZE 4,040 sqft LOT SIZE 7,314 sqft Request More Info Schedule a Showing

5% CAP* | In-Unit Laundry | In Unit Mini-Split AC | Parking..... 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.