428 N Rampart Boulevard, Echo Park, CA 90026
Property · 2 recorded sales since 2019
Sold March 2019
Listing Agent: Elizabeth McDonald (DRE #01449897) · Listing Office: TRG Real Estate Co., Inc. · Contact: 323-275-9273 · Bought with: Javon Davis · HomeSmart Realty Group · MLS #18385072 · Source: CRMLS
About this property
Looking for an investment property on the Eastside where you're cash-flow positive with 25% down? Difficult to find in this market. Here is a unique opportunity to get your foot in the door: buy 1/4 of a completely renovated 4-plex, with exclusive rights to one unit. Operating similar to a condo, this set-up affords the novice entry-level investor the opportunity to enter the investment market in LA. Or maybe you're looking to buy an investment property with friends, where you can each live in a unit and share expenses. All units in this 4-plex are for sale, and with 10% down, a mortgage would be less than rent. So, grab your friends, or invest with other like-minded folks and enjoy all the benefits of being a home-owner. This property has undergone a major overhaul and has been completely updated with all new: plumbing, electrical, retrofitted foundation, tankless H20 heater, HVAC, dual-pane windows, kitchen and baths, walls, flooring, appliances including washer/dryer.
Listing description from the March 2019 sale, as reported to CRMLS.
Sale history
