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1740 S Rimpau Boulevard

Los Angeles, CA 90019

– beds
– baths
– sqft
4,571 sqft lot
1921 build
– on site

Incredible Development Opportunity in Mid-City! Attention all developers! Here's your chance to seize an exceptional opportunity with the purchase of two prime lots in Mid-City. These lots boast generous dimensions, with one measuring 4,570.5 SF and the other 4,464.6 SF, combining to create an expansive 9,035.1 SF. Zoned RD1.5-1, and strategically positioned on a corner lot, this property is an ideal match for affordable housing initiatives. Currently featuring three separate buildings, the existing structures include a 4 Bed / 1 Bath unit and two 1 Bed / 1 Bath units. All units will be delivered vacant upon purchase. Please be mindful not to disturb occupants. Excitingly, the seller has already submitted plans for the addition of three more units and two ADUs (Accessory Dwelling Units). There is significant potential to construct approximately 120 affordable housing units, though it is advised that the buyer verifies this information independently. This is a rare chance to secure a significant investment in a burgeoning area. Don't miss out on the opportunity to be part of the growth and development of Mid-City. Contact us now to schedule a viewing and explore the potential of this prime property!

Listed By CRMLS_CA / George Kpachavi / Keller Williams Realty-Studio City / 310-525-0528

Last checked: Checking… • Last updated Dec 15, 2024 •

MLS# SR24236437 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1921
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Concrete, Glass, Stucco, Wood Siding
Building Area Total:

9035.10
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

3
Architectural Style:

Bungalow, Spanish
Roof:

Shingle
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls

Interior

Features:

Block Walls
Levels:

Two
Entry Location:

1
Room Type:

All Bedrooms Down, Main Floor Primary Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

Intersection of Rimpau Blvd and St Elmo St.
Latitude:

34.04348600
Longitude:

-118.34149800

The Property

Property Type:

Residential Income
Subtype:

Triplex
Property Condition:

Repairs Cosmetic
Zoning:

LARD1.5
Lot Features:

Lot 6500-9999
Lot Size Area:

4571.0000
Lot Size Acres:

0.1049
Lot Size SqFt:

4571.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

Block
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

10
Tax Census Tract:

2182.10
Tax Tract:

67
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5071022045

Heating & Cooling

Heating:

1
Heating:

Electric
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Water Heater
Included:

Yes

The Community

Features:

Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

2.00
Garage Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/9/24 Dec 9, 2024	Listed / Active	CRMLS_CA	$1,650,000	13.8% (4.8% / YR)
10/28/24 Oct 28, 2024	Listed / Active	CRMLS_CA
2/1/24 Feb 1, 2024	Price Changed	BRIDGE

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This multifamily located in Central LA, Los Angeles, CA 90019 is currently for sale for $1,650,000. 1740 S Rimpau Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 8 days. 1740 S Rimpau Boulevard is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 81, making it very walkable. This multifamily is in the attendance area of Alta Loma Elementary School, Johnnie L Cochran Jr Middle School, and Los Angeles Senior High.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty-Studio City. Based on information from California Regional Multiple Listing Service, Inc. as of 22:33 on Dec 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.