438 S Rampart Boulevard, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
438 S Rampart Boulevard,Los Angeles, CA 90057
$2,000,000
  • - Beds
  • 16 Baths
  • 9,248 sq. ft.
  • Multi-family
  • Active
Listed by: max berger
Office: compass310-230-5478
MLS#:26997923
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$216.26

About this home

438 S Rampart Blvd is a 16-unit multifamily property adjacent to Koreatown, offered at $2,000,000, or $125,000 per unit. Built in 1922, the property totals approx. 9,248 SF on an 8,402 SF lot and is comprised of 16 studio units. At current rents, the property performs at a 6.12% CAP and 8.70 GRM. The property has the character of a vintage LA multifamily building, with arched windows, decorative ironwork, mature trees, and established landscaping across the front of the property. Property amenities include community laundry, master-metered gas, and separately metered electricity. Current scheduled rents total approx. $18,996 per month, compared with projected rents of $24,000 per month, representing approx. 26% rental upside. At projected rents, the property is expected to perform at an 8.98% CAP and 6.90 GRM. Located adjacent to Koreatown, 438 S Rampart Blvd provides convenient access to several of the neighborhood's commercial corridors, including West 8th Street, the 6th Street and...

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Home facts

  • Year built:1922
  • Listing ID #:26997923
  • Added:36 day(s) ago
  • Updated:November 12, 2026 at 08:23 PM

Rooms and interior

  • Total bathrooms:16
  • Living area:9,248 sq. ft.

Structure and exterior

  • Year built:1922
  • Building area:9,248 sq. ft.
  • Lot area:0.19 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$216.26
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