200 N Rampart Blvd is a well-maintained Los Angeles multifamily asset that combines comprehensive building system upgrades, renovated interiors, and stabilized assumable financing. The 12-unit property is located in Historic Filipinotown, positioned between Virgil Village, Echo Park, and Silver Lake, offering investors a central 90026 location supported by long-term capital investment and durable operating fundamentals.

For Los Angeles multifamily investors prioritizing predictability and reduced operational risk, 200 N Rampart Blvd presents a disciplined opportunity. The property reflects decades of methodical improvements across major building systems, limiting near-term maintenance exposure while supporting steady cash flow. The presence of below-market assumable debt further enhances the investment profile by improving leverage efficiency through 2027.

Building Systems and Capital Improvements at 200 N Rampart Blvd

The physical condition of 200 N Rampart Blvd stands out for the depth and consistency of its capital improvements. The building received a full exterior repaint in 2025, creating a clean, cohesive presentation. A new 400-amp electrical service with upgraded main and sub-panels was recently installed, materially strengthening the long-term reliability of the electrical infrastructure.

Additional upgrades include a new main water heater installed in 2022 and a new roof with updated gutters and skylights completed in 2018. The soft-story seismic retrofit was also completed in 2018, and the property was fully copper-re-piped in 2004. Collectively, these improvements establish a stable operating foundation and materially reduce the likelihood of system-driven capital events for future ownership.

Interior Finishes and Unit Design at 200 N Rampart Blvd

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

The apartments are arranged around a central interior courtyard that introduces natural light into the walkways and creates a quieter, more residential living environment. This layout softens the transition from the street and enhances the overall tenant experience, supporting retention and operational stability.

Assumable Financing That Enhances Cash Flow

One of the most compelling attributes of 200 N Rampart Blvd is its existing $1,735,000 loan at a 3.47% fixed interest rate through May 1, 2027. The ability to assume this financing provides a clear advantage relative to current market debt, creating immediate cash flow improvement and lowering the cost of capital during the initial years of ownership.

For investors seeking stabilized operations with favorable leverage in a high-barrier Los Angeles submarket, the assumable financing meaningfully strengthens the overall return profile.

Location and Connectivity Around 200 N Rampart Blvd

The location of 200 N Rampart Blvd places the property at the intersection of several of Los Angeles’ most desirable eastside neighborhoods. Historic Filipinotown provides consistent rental demand, while nearby access to Sunset Blvd, Virgil Ave, Echo Park, and Silver Lake connects residents to some of the city’s most active dining, retail, and cultural corridors.

The property also offers efficient access to Downtown Los Angeles and Koreatown, two of the region’s most concentrated employment centers. This central positioning supports sustained renter demand and long-term appreciation within a dense, supply-constrained rental corridor.

Conclusion

200 N Rampart Blvd offers a balanced Los Angeles multifamily investment profile defined by renovated interiors, extensive system upgrades, and below-market assumable financing in a highly central location. The depth of capital improvements, favorable loan terms, and walkable eastside setting position the property as a well-maintained, operationally efficient 12-unit asset with strong long-term fundamentals.

For investors seeking stability, reduced capex exposure, and durable income in the 90026 submarket, 200 N Rampart Blvd represents a strategic multifamily opportunity aligned with long-term ownership objectives.