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Turnkey 12-Unit w/ 3.47% Assumable Financing 200 N Rampart Blvd 12 Unit Apartment Building $4,885,720 CAD ($407,143 CAD/Unit) 5.06% Cap Rate Los Angeles, CA 90026



INVESTMENT HIGHLIGHTS
- Assumable $1.7M Chase loan available at a 3.47% fixed rate through 05/10/27.
- Ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance
- Interior renovations include vinyl wood flooring, custom cabinetry, stainless-steel appliances, updated lighting and modern bathroom finishes.
- First time on the market in 25 years, current ownership has consistently improved the building over time.
- New electrical system and exterior repaint in 2025, new water heater in 2022, new roof/gutters/skylights and retrofit in 2018, copper repipe in 2024.
- Near Echo Park (approx. 1.1 miles), Virgil Village (approx. 1.5 miles), and Sunset Junction/Silver Lake (approx. 1.8 miles).
EXECUTIVE SUMMARY
200 N Rampart brings together assumable financing at 3.47%, a fully updated building profile, and a central Historic Filipinotown location; at the doorstep of Virgil Village, Echo Park and Silver Lake. First time on the market in 25 years, current ownership has consistently improved over time, and now reflects a long sequence of capital work that supports stable operations, and limit maintenance needs. Recent upgrades include a full exterior repaint completed and installation of a new 400 amp electrical service, with new main and sub panels in 2025; replacement of main water heater in 2022; new roof, gutters and skylights, and soft story retrofit completed in 2018, copper plumbing repipe was completed in 2004. These updates are complemented by a consistent interior renovation program across the units, featuring vinyl wood flooring, tile accents, custom cabinetry, stainless steel appliances, updated lighting and modern bathroom finishes. An assumable $1,700,000 Chase loan is available at a 3.47% fixed rate through 05/10/27. The location offers straightforward access to the food, retail and cultural corridors along Sunset Blvd and Virgil Ave, with direct routes to Downtown and Koreatown. For investors seeking a well maintained building with meaningful system upgrades, renovated interiors and stable assumable financing, 200 N Rampart presents a practical and efficient opportunity in a central LA location.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,885,720 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $407,143 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.06% | Building Size | 9,000 SF |
| Gross Rent Multiplier | 12.21 | Average Occupancy | 83% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.22/1,000 SF |
| Zoning | R4-2, Los Angeles | ||
| Price | $4,885,720 CAD |
| Price Per Unit | $407,143 CAD |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| Gross Rent Multiplier | 12.21 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | R4-2, Los Angeles |
AMENITIES
UNIT AMENITIES
- Microwave
- Tile Floors
- Kitchen
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
- Large Bedrooms
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 4 | $2,471 CAD | - |
| 1+1 | 8 | $2,210 CAD | - |
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 5157-002-001 | Total Assessment | $1,112,302 CAD (2025) |
| Land Assessment | $318,704 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $793,599 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5157-002-001
Land Assessment
$318,704 CAD (2025)
Improvements Assessment
$793,599 CAD (2025)
Total Assessment
$1,112,302 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Turnkey 12-Unit w/ 3.47% Assumable Financing | 200 N Rampart Blvd
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