200 N Rampart is a well maintained Los Angeles multifamily asset that combines extensive system upgrades, renovated interiors, and stabilized assumable financing. The 12 unit building at 200 N Rampart is located in Historic Filipinotown near Virgil Village, Echo Park, and Silver Lake, offering investors a central 90026 location supported by long term capital improvements and strong operational fundamentals.

For Los Angeles multifamily investors seeking predictable performance, 200 N Rampart presents a compelling opportunity. The property reflects decades of systematic enhancements across major building components, reducing near term maintenance exposure and supporting a smooth path to continued cash flow. The existing loan, which carries a fixed interest rate well below current market levels, provides meaningful leverage advantages for buyers looking to lock in stable operations through 2027.

Building Systems and Capital Improvements at 200 N Rampart

The physical profile of the 12 unit property at 200 N Rampart stands out for its depth of upgrades. The building received a full exterior repaint in 2025, creating a clean and cohesive appearance. A new 400 amp electrical service with upgraded main and sub panels was recently installed, significantly strengthening the long term reliability of the electrical infrastructure.

The main water heater was replaced in 2022, and a new roof with updated gutters and skylights was installed in 2018. The soft story retrofit was also completed in 2018. Earlier improvements include a full copper repipe in 2004. Collectively, these capital projects create a stable foundation for future ownership and reduce the likelihood of system related capital events in the coming years.

Interior Finishes and Unit Design at 200 N Rampart

The interiors at 200 N Rampart feature consistent renovation work designed for durability, tenant appeal, and long term rent stability. Units include vinyl wood flooring, updated lighting, stainless steel appliances, custom cabinetry, tile accents, and refreshed bathroom finishes.

The apartments are configured around an interior courtyard that draws natural light into the walkways and provides a quieter residential experience. This arrangement softens the transition from the street to the living spaces and enhances the overall atmosphere of the property.

Assumable Financing That Strengthens the Investment Profile

One of the most notable characteristics of 200 N Rampart is its existing 1,735,000 dollar loan at a 3.47 percent fixed rate through May 1, 2027. The ability to assume this financing offers a clear advantage over current market debt and creates an immediate improvement in cash flow. Investors can secure below market leverage while minimizing the cost of capital during the first years of ownership.

Location and Connectivity Around 200 N Rampart

The location of 200 N Rampart places the property at the convergence of several of Los Angeles' most desirable eastside neighborhoods. Historic Filipinotown provides steady rental demand and convenient access to Sunset Boulevard, Virgil Avenue, and the cultural and dining scenes of Echo Park and Silver Lake. The property also offers direct routes to Downtown Los Angeles and Koreatown, two of the city’s most active employment centers. This central positioning supports consistent renter interest and long term appreciation potential within a dense, high demand rental corridor.

Conclusion

200 N Rampart offers a balanced combination of renovated interiors, comprehensive capital improvements, and below market assumable financing in a central Los Angeles location. The depth of system upgrades, favorable loan terms, and walkable eastside setting create a compelling opportunity for investors seeking a well maintained, operationally efficient asset with strong long term fundamentals. These characteristics position 200 N Rampart as a strategic 12 unit multifamily opportunity in the 90026 submarket.