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608 N Rampart Boulevard, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

608 N Rampart Boulevard, Los Angeles, California 90026 home-pic-0
ACTIVE$2,094,000
608 N Rampart Boulevard, Los Angeles, California 90026
0Bed
0Bath
4,040Sqft
7,313Lot
Year Built
1960
Close
-
List price
$2.09M
Original List price
$2.4M
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
SR25111081
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.09M(50th), sqft - 4040(50th), beds - undefined(50th), baths - undefined(50th).

Reduced | 6.08% 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.

Nearby schools

5/10
Rosemont Avenue Elementary School
Public,•K-5•0.3mi
/10
Lake Street Primary School
Public,•K-1•0.6mi
2/10
Mayberry Street Elementary School
Public,•K-6•0.7mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.9mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.1mi
8/10
Clifford Street Elementary School
Public,•K-6•1.2mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.4mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.6mi
6/10
Castelar Street Elementary School
Public,•K-5•2.0mi
8/10
Allesandro Elementary School
Public,•K-6•2.1mi
7/10
Dorris Place Elementary School
Public,•K-6•2.2mi
7/10
Solano Avenue Elementary School
Public,•K-6•2.3mi
2/10
Logan Street Elementary School
Public,•K-8•0.9mi
5/10
Virgil Middle School
Public,•6-8•1.1mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.5mi
5/10
Florence Nightingale Middle School
Public,•6-8•3.1mi
6/10
Irving STEAM Magnet
Public,•6-8•3.4mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•2.2mi

Price History

Date
Event
Price
10/22/25
Price Change
$2,094,000-0.0%
08/30/25
Price Change
$2,095,000-8.7%
08/08/25
Price Change
$2,295,000
05/19/25
Listing
$2,395,000
05/10/13
Sold
$1,032,510
12/02/10
Sold
$752,000
02/07/06
Sold
$600,000
Condition Rating
Excellent
Despite the 1960 build year, the property has undergone extensive, modern, and trend-conscious renovations, as explicitly stated in the description and clearly visible in the images. The kitchens feature new white subway tile, quartz countertops, modern cabinetry, and stainless steel appliances. Bathrooms are updated with subway tile, modern vanities, and new fixtures. All units boast new hardwood flooring, mini-split HVAC systems, and in-unit laundry. The overall aesthetic is fresh, clean, and contemporary, indicating that all components are virtually new and meet current quality standards with no deferred maintenance, aligning with an 'excellent' condition score.
Pros & Cons

Pros

Prime Location: Strategically located on the border of Echo Park and Silver Lake, offering unmatched connectivity to the 101 Freeway and walkable access to popular cafes, restaurants, and cultural hotspots, attracting a steady influx of young professionals and long-term renters.
Turnkey & Well-Maintained Asset: A stabilized, low-maintenance asset impeccably maintained by long-term ownership, presenting a rare opportunity for immediate income generation without significant upfront work.
Modern In-Unit Amenities: All units feature highly desirable amenities such as in-unit laundry, mini-split HVAC systems, and private balconies or outdoor spaces, which are rare in comparable properties and enhance tenant appeal.
Strong Investment Potential: Boasts a 6.08% CAP rate and strong in-place cash flow, with 6 to 7 units potentially eligible for rent increases, offering both current income and long-term upside in a supply-constrained market.
Desirable Unit Features & Security: Comprises seven charming one-bedroom units with thoughtful layouts, timeless curb appeal, secure gated access, and on-site parking, catering to a sought-after boutique living experience.

Cons

Age of Structures: The property's original construction dates (1924/25 and 1960) suggest potential for older infrastructure or higher long-term capital expenditure requirements, despite recent maintenance.
Limited Unit Mix: Consisting exclusively of one-bedroom units, the property's tenant demographic is limited, potentially restricting rental income growth or broader market appeal to families or those requiring more space.
Multiple Price Reductions: The property has undergone several price reductions from its original listing, which may indicate initial overpricing or market resistance, potentially raising questions about its true market value among prospective buyers.

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