511 S Rampart Blvd Los Angeles, CA 90057

$4,656,000 Sold Price as of 10/30/2018

-- Beds
-- Baths
19,036 Sq.Ft.

Off Market

$4,656,000 Sold Price as of 10/30/2018 Refinance Your Mortgage

Map preview of 511 S Rampart Blvd, Los Angeles, CA 90057

Property Overview: 511 S Rampart Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 19,036 living square feet and 12,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

511 S Rampart Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 511 S Rampart Blvd

Last sold for $4,656,000 on October 30th, 2018

June, 2019
Jun 5, 2019

Date

Sold

CRMLS: 18373218

$4,656,000

Price
Sep 25, 2018

Date

Active Under Contract

CRMLS: 18373218

$4,870,000

Price
Aug 7, 2018

Date

Active

CRMLS: 18373218

$4,870,000

Price
Listing provided courtesy of CRMLS

511 S. Rampart Boulevard, is a 36-unit apartment building located in the emerging Westlake submarket of Los Angeles. The Property is a well maintained stucco building originally constructed in 1924, that has undergone some exterior and interior capital improvements. The offering represents an ideal value-add investment opportunity with tremendous rental upside. The Property has a total unit mix of 1 bachelor, 27 studios, and 8 one bedroom one bath units. Current ownership has renovated 13 out of the 36 units with electrical and plumbing upgrades and luxury modern finishes. The Property is secured with gated access and common areas and hallways have been expertly renovated throughout. Exterior and building upgrades include a new roof, new stucco and exterior paint, new tile, lighting, and paint in lobby/halls, new drain lines, and new landscaping. The offering represents an opportunity to acquire a charming 1920's building in a rapidly changing and highly sought after neighborhood.

Continue Reading
October, 2018
Oct 30, 2018

Date

Sold (Public Records)

Public Records

$4,656,000

Price
May, 2015
May 20, 2015

Date

Sold (Public Records)

Public Records

$2,750,000

Price

Tax History for 511 S Rampart Blvd

Assessed Value (2020): $4,765,968

Year	Land Value	Improved Value	Assessed Value
2020	$3,799,500	$966,468	$4,765,968

About 511 S Rampart Blvd

Detailed summary of property

511 S Rampart Blvd is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on October 30, 2018 for $4,656,000. This property has -- bedrooms, -- bathrooms, roughly 19,036 living square feet, and sits on an approximately 12,425 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 315.71% higher than the current median priced home. 511 S Rampart Blvd was last sold on October 30, 2018 for $4,656,000. Local nearby listings include 140 S Vendome St, 2311 W 2nd St and 2939 Leeward Ave #402. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 511 S Rampart Blvd Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 511 S Rampart Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1924
Sq. Ft.: 19,036
Lot Size: 12,425
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 98
APN: 5155-020-004

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$575,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$515

Total Inventory

Median Sale to List Price %

90.91%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote