Active

1740 S Rimpau BLVD

LOS ANGELES CA, 90019

$1,650,000


$182.62 per sqft

Active

6 Beds

2 Baths

9,035 sqft

Multi-family

Built in 1921

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!

SR24236437MR

MLS ID

December 6, 2024

Listed

December 10, 2024

Updated

Map

1740 S Rimpau BLVD
LOS ANGELES CA, 90019

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

2


Appliances

Gas Dryer Hookup, Laundry Area, Washer Hookup


Laundry Description

Gas Dryer Hookup, Laundry Area, Washer Hookup


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.1 Acres


Architectual Style

Bungalow


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Mid Los Angeles


Days on Market

1


Garage

Yes


Garage Spaces

2


Parking

Assigned


Parking Total

2


View

Yes


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listed by George Kpachavi with Keller Williams Realty-Studio City
Listing Contact: 310-525-0528 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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Data last updated 12/10/2024

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