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Key Details
Sold Price $1,383,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB25137247
Property Sub-Type Lots/Land
Property Description
701 N Rampart is an rare RTI land opportunity to build five brand-new townhome-style units in Silver Lake boardering Echo Parktwo of LAs most sought-after rental markets. This SB-8 EXEMPT, LARD2-zoned parcel will be delivered with RTI plans for a thoughtfully designed 5-unit project: 3 three-bedroom units and 2 four-bedroom units, maximizing both density and long-term rental upside. RTI is expected within 1.5 months. 701 N Rampart sits north of the 101 freeway in red hot Silver Lake, offering future tenants immediate access to a vibrant lifestyle mixjust blocks from local favorites like Woon, Doubting Thomas, Gigis, The Echo, and Bar Flores. Sunset Junction, DTLA, and Virgil Village are just minutes away, making this an unbeatable location for renters and owners alike. Plans include spacious open layouts, en-suite bedrooms, in-unit laundry hookups, and parking. With SB-8 exemption in hand and RTI around the corner, developers can move quickly and confidently on this high-demand, low-supply opportunity in one of LA's top rental markets.
Location
State CA
County Los Angeles
Exterior
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Bought with Lauren Cearley Myunits.com Inc.
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