1740 S Rimpau Boulevard, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

1740 S Rimpau Boulevard, Los Angeles, CA 90019

$1,580,000 Approx. USD 0 beds, 0 baths

Listing Agent


George Kpachavi | george@kpachavirealestate.com
Lic#: 01839703
Broker: Courtesy of Keller Williams Realty-Studio City

Co Listing Agent


Edwin Billones | ed.phenixig@gmail.com
Lic#: 01018335
Broker: Courtesy of Keller Williams Studio City

Agent Remarks

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!

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SR25012583
Price: $1,580,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1921
2 stories
0.10 acres
Lot size: 0.1049
County: Los Angeles
Property style: Bungalow,Spanish
Zoning: LARD1.5
Construction: Glass,Concrete,Stucco,Wood Siding
Interior features: Block Walls,All Bedrooms Down,Main Level Primary
Appliances: Water Heater
Parking description: Assigned
Heating/cooling: Wall/Window Unit(s)
Heating description: Electric
MLS area: C16 - Mid Los Angeles

Last Updated: 2/13/2025

 Days On Market (DOM): 60

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Bungalow,Spanish.
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Lat/Long: 34.043486, -118.341498.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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