119 S Rampart Blvd is a brand new, no-RSO fourplex in the heart of LA’s Westlake neighborhood, minutes from DTLA, Echo Park, and Silver Lake. Built in 2025, this premium investment delivers an outstanding projected 5.25% cap rate with $204,000 in annual income across four large units: 2 x 4bd/4b, 1 x 4bd/4.5b, and 1 x 3bd/3.5b.
Spanning 5,865 SF, this modern building is packed with investor and renter appeal—kitchen islands, tons of balconies, in-unit washers/dryers, and private garages (6 garage + 2 bonus spaces). All units are separately metered, keeping owner expenses low while maximizing long-term returns. With no rent control and delivered fully vacant, 119 S Rampart is a dream scenario for any 1031 buyer seeking turnkey cash flow and low maintenance in a central LA location. At $494/SF and $724,750/door, this is a rare opportunity to own new construction priced for today’s yield-driven market.
New construction
Listing Provided by:
Lauren Cearley DRE #02146823 209-298-6020,
Myunits.com Inc.,
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.
$2,899,000
119 S Rampart Blvd, Los Angeles, CA 90057
15beds
17baths
5,865sqft
Est.:
Quadruplex
Built in 2025
-- sqft lot
$2,865,300 Zestimate®
$494/sqft
$-- HOA
What's special
Tons of balconiesKitchen islandsPrivate garages
- 105 days
- on Zillow |
- 132 |
- 7 |
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