Price Reduced: RTI NOW!!! Can start building today. Multifamily development site located at 214 South Rampart Boulevard, in the highly sought-after neighborhood in Westlake, Los Angeles. Located between W. 3rd Street and Beverly Boulevard, just east of Occidental Boulevard. This major north-south thoroughfare in Westlake connects Koreatown and Rampart Village to the financial district and Downtown Los Angeles. Close to MacArthur Park, La Fayette Park and Echo Park, along with quick and convenient access to Red & Purple Metro lines, as well as 110, 101, and 10 Freeways. The offering entails a 5-story type III-A, 24-unit apartment building over 1-level basement private garage. The project will contain 10 studios and 14 one-bedroom units, with 2 extremely low-income units, a 1 bed and single. Parking includes 12 car and 26 bicycle spaces. 2,000 square feet have been allotted to open space including a rear yard area, fitness center, and private balconies.