1740 S Rimpau Boulevard

Los Angeles, CA 90019

  • 6 Bed(s)
  • 2 Bath(s)
  • 9,035 Sqft
  • 4571
    Sqft(Lot)
$1,580,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Bungalow,Spanish

  • AD ID

    48608188

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Interior Features: Block Walls,All Bedrooms Down,Main Level Primary
    • Property Appliances: Water Heater
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1921
    • Building Area Total: 9,035
    • Construction: Glass,Concrete,Stucco,Wood Siding
    • Roof: Shingle

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Common Area,Washer Hookup,Gas Dryer Hookup

    Fencing

    • Block

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1049
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 4571

  • Listing Price Information

    • Original List Price: 1,580,000
    • Listing Contract Date: 2025-02-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5071022045

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 5614
    • Directions: Intersection of Rimpau Blvd and St Elmo St.
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 104
    • Common Walls: No Common Walls
    • Property Condition: Repairs Cosmetic
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/25/2025 @ 09:18

  • MLS: SR25012583
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 9,035 sqft, 4,571 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90019, this Los Angeles County Home are nearby neighborhoods.