$1,580,000

1740 S Rimpau Blvd Los Angeles, CA 90019

$10,000
Closing credit¹
0.1 acres
Multi-Family

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

Home typeTriplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1049 Acres
Year built1921
ParkingAssigned
MLS #SR25012583
Garage2 spaces
ViewNeighborhood

Summary

  • MLS Number: SR25012583
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty-Studio City
  • Office Phone: (310) 525-0528
  • Listing Agent: George Kpachavi

IDX 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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map location

$1,580,000

1740 S Rimpau Blvd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 26, 2022
Home Sold
$1,450,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

54%
<35k
29%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
20%
Single, with Kids
12%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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