#CV24176822, Angeles Ascencio, Listing Office: RE/MAX OLYMPIC
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1740 S Rimpau Blvd Los Angeles, CA 90019
Property details
About 1740 S Rimpau Blvd
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!
Highlights
Summary
- MLS Number: SR25012583
- MLS Name: CRMLS
- Office Name: Keller Williams Realty-Studio City
- Office Phone: (310) 525-0528
- Listing Agent: George Kpachavi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,580,000
1740 S Rimpau Blvd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 26, 2022 | Home Sold | $1,450,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $816,714 | $10,073 |
2023 | $800,700 | $9,882 |
2022 | $128,745 | $1,778 |
2021 | $126,221 | $1,748 |
2020 | $124,928 | $1,701 |
2019 | $122,480 | $1,656 |
2018 | $120,079 | $1,625 |
2017 | $117,726 | $1,625 |
History based on county public records data.
Nearby schools
5
Alta Loma Elementary School
Public District KG-5
0.2 mi
•1745 Vineyard Ave
6
Queen Anne Place Elementary School
Public District KG-5
0.8 mi
•1212 Queen Anne Pl
5
Saturn Street Elementary
Public District KG-5
0.9 mi
•5360 Saturn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,500. The most common annual income of people living in Los Angeles, CA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1740 S Rimpau Blvd in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $1,580,000.
Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.