$1,650,000
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1740 Rimpau Boulevard Los Angeles, CA 90019
Triplex
Residence
Beds
Baths
...
Bed/Bath
9,035
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 expan...sive 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!
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MLS#
SR24236437
Property Type
Triplex
Year Built
1921
Square Feet
9,035
sq. ft
Lot Size
0.1
Stories
2.0
Sewer
Sewer Connected, Public Sewer
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