1649 S Rimpau Blvd | Los Angeles, CA 90019
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- LoopNet Team
1649 S Rimpau Blvd
Los Angeles, CA 90019
Luxury Triplex in Prime Mid-City Location · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Centrally located on a desirable Mid-City street, close to shopping, dining, and cultural hotspots like Sprouts, Target, Starbucks, and more.
- Features 2,045 square feet, 4 bedrooms, and 4.5 bathrooms in a front single-family home with an open-concept design and high-end finishes.
- Perfect opportunity for owner-occupiers to live in luxury while rental income offsets the mortgage.
- Comparable single-family homes with significantly less space sell for $2- 3M, making this offering exceptional value at $2,499,000.
- Tenants pay all utilities, keeping expenses minimal and offering an outstanding projected cap rate of 5.05%.
- Offers two private garages and three additional exterior parking spaces for ample parking.
Property Facts
| No. Units | 3 | Building Size | 12,000 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2024 |
| Building Class | C | Parking Ratio | 0.87/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 0.87/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Loft Layout
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 1 | $6,200 | 2,045 |
| 2+2 | 2 | $3,100 | 766 |
| 3+3.5 | 3 | $4,700 | 1,805 |
Property Taxes
| Parcel Number | 5067-007-010 | Improvements Assessment | $180,405 |
| Land Assessment | $721,621 | Total Assessment | $902,026 |
Property Taxes
Parcel Number
5067-007-010
Land Assessment
$721,621
Improvements Assessment
$180,405
Total Assessment
$902,026
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