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631 N Rampart Blvd, Los Angeles, CA 90026
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631 N Rampart Blvd Los Angeles, CA 90026

$1,125,000 Sold Price as of 01/28/2021
  • 3798 Beds
  • 1899 Baths
  • 2,450 Sq.Ft.
Sold
$1,125,000 Sold Price as of 01/28/2021 Refinance Your Mortgage
Map preview of 631 N Rampart Blvd, Los Angeles, CA 90026

Property Overview: 631 N Rampart Blvd Los Angeles, CA has 3798 bedrooms, 1899 bathrooms, 2,450 living square feet and 7,309 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property is Tenant occupied: ABSOLUTELY DO NOT DISTURB OCCUPANTS OR WALK PROPERTY. Drive by only. Amazing triplex opportunity in prime Rampart Village. Spanish style side by side 2 bedroom/1 bath duplex, plus a free standing 2 bed/1.5 bath home in back with its own private yard & garage. Wonderful income, plenty of off-street parking, fantastic location. Strong rental income, low maintenance, with room for upside in rental income. Some system upgrades. Fantastic owner/user potentiale. Cap rate is 4.8, with a GRM of 15.5. This is the one!

Listed by Julie A. Mollo | BRE #01818207 | Compass
Co-listed by Henry Plascencia | BRE #01250465 | Compass
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,309
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20665786
City
Los Angeles
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 631
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,080
  • Total Rent: $2,080
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 633
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,845
  • Total Rent: $1,845
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 635
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,888
  • Total Rent: $1,888
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.5
  • Gross Scheduled Income: --
  • Net Operating Income: $51,888
  • Gross Operating Income: $69,756
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 631 N Rampart Blvd

Interior Features
Interior Features
  • Security Features: Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5402009014
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South of Sunset, East of Benton, West of Colorado
View more facts & features

Local Los Angeles Agent

Sale History for 631 N Rampart Blvd

Last sold on February 16th, 2021

  • February, 2021

  • Feb 16, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2021

  • Feb 1, 2021

    Date

    Sold

    CRMLS: 20665786

    $1,125,000

    Price

  • Jan 14, 2021

    Date

    Pending

    CRMLS: 20665786

    $1,079,000

    Price

  • Dec 18, 2020

    Date

    Active Under Contract

    CRMLS: 20665786

    $1,079,000

    Price

  • Dec 3, 2020

    Date

    Active

    CRMLS: 20665786

    $1,079,000

    Price

  • January, 2021

  • Jan 28, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,125,000

    Price

Show More

Tax History for 631 N Rampart Blvd

Assessed Value (2020): $551,275
Year Land Value Improved Value Assessed Value
2020 $321,577 $229,698 $551,275

Home Value Compared to the Market

This property vs the competition

631 N Rampart Blvd sold on January 28, 2021 for 3.66% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $440.41 per/sqft which puts the price per square foot 39.17% lower than the current median sale per square foot for the city of Los Angeles.

About 631 N Rampart Blvd

Detailed summary of property

631 N Rampart Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 3798 bedrooms, 1899 bathrooms, roughly 2,450 living square feet, and sits on an approximately 7,309 square foot lot. 631 N Rampart Blvd was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,125,000. Home 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 3.66% lower than the current median priced home. Local homes that are currently for sale include 622 Maltman Ave, 2352 W 3rd St and 220 S Bonnie Brae St. While the average home in Los Angeles, CA is selling in 106 days, 631 N Rampart Blvd has a days on market of 15 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. For more information on this home for sale at 631 N Rampart Blvd Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 631 N Rampart Blvd

Public county record property details
Beds
3
Baths
3
Year built
1921
Sq. Ft.
2,450
Lot Size
7,309
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5402-009-014

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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