NEW PRICE! We are pleased to present for sale an R3-1, TOC TIER 2, development opportunity located in the highly gentrifying area of Historic Filipinotown! Due to its close proximity to Silver Lake, Echo Park, and Koreatown, this is a prime development opportunity for investors looking to capture strong rents in a highly increasing demand area. 146 N Rampart is currently a single family home=NO COSTLY TENANT RELOCATION! The home sits on a very desirable 6,877 sqft lot, meaning a developer can build 8 units by right or up to 15 units utilizing the new TOC regulations (only $78,000/door!!!). The TOC also provides for reduced parking and setback requirements (buyer to verify all zoning and TOC regulations with LADBS). 146 N Rampart has a walk score of 80 (Very Walkable), excellent for future tenants. Home to be sold As-Is. Do not miss this opportunity to build in Historic Filipinotown, one of LA's hottest neighborhoods! Contact listing agent for more details.
Based on information from California Regional Multiple Listing Service, Inc. as of January 17th, 2020 at 6:58pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.