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