1009 S Rimpau, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 4 bath
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Los Angeles, California 90019
This Spacious Mid-City Residence is a Prime Investment Opportunity, listed at $1,899,999—positioned well below the $1,995,000 Fair Market Value by 4%. This valuation gap provides $95,001 in Instant Equity. Boasting a Move-In Ready Condition, the home features an updated kitchen with stone countertops, polished hardwood floors, and a versatile 2,825 sqft layout. Served by the Los Angeles Unified School District, the property includes a 7,011 sqft lot with a private patio and detached garage. This is an exceptional acquisition for Owner-Occupants or multi-generational households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1009 S Rimpau Subject | $1,899,999* List Price | 4 | 4 | 2,825 | $673 | - |
A 1160 Lucerne Boulevard Sold | $2,100,000 | 4 | 4 | 2,403 | $874 | 0.4 mi |
B 1027 S Lucerne Boulevard Sold | $1,870,000 | 4 | 5 | 2,508 | $746 | 0.4 mi |
C 1280 S Sycamore Avenue Sold | $2,020,000 | 4 | 4 | 2,533 | $797 | 0.8 mi |
D 928 S Tremaine Avenue Sold | $2,125,000 | 3 | 3 | 2,654 | $801 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears well-maintained despite its 1950 build date. The kitchen has been updated with stainless steel appliances and stone countertops, and the bathrooms feature functional, relatively modern tiling and glass enclosures. While the listing specifies an 'as-is' sale, the interior shows polished hardwood floors, clean paint, and updated fixtures that do not require immediate renovation for occupancy.
Situated in the highly sought-after Mid-City/Hancock Park-Wilshire area, the property offers unparalleled access to Larchmont Village, The Grove, and major employment hubs like DTLA and Beverly Hills.
The 2,825 sqft two-story layout features multiple en-suite bedrooms and flexible living areas, making it ideal for multi-generational households or those requiring dedicated guest spaces.
Featuring a generous 7,011 sqft lot with a long driveway and a detached two-car garage, the property provides rare and ample parking capacity for a dense Los Angeles neighborhood.
The property is being sold in its present 'as-is' condition, which likely indicates the need for significant repairs, modernizations, or addressing deferred maintenance.
Given the 1950 construction year and the 'as-is' status, buyers should anticipate potential investments in upgrading aging infrastructure such as plumbing, electrical, or HVAC systems.
Home with 4 bedrooms and 3.5 bathrooms located in the desirable Mid-City neighborhood of Los Angeles, this spacious and welcoming home offers easy access to Downtown Los Angeles, Beverly Hills, Hollywood, LAX, and local beach cities. Close to Larchmont Village, The Grove/Farmer’s Market, Koreatown, and local museums, the location offers convenience and refined city living. The two-story layout offers flexible living spaces well-suited for growing families or multi-generational households. Multiple living areas include a formal living room, formal dining room, breakfast nook, and a spacious family room—ideal for both everyday living and entertaining. The generous primary suite features an en suite bathroom. A secondary bedroom on the second floor features its own en-suite bathroom, providing added privacy for guests or extended family. The third and fourth bedrooms are conveniently located on the first floor and share a full bathroom, while a powder room is just off the breakfast nook. The private backyard creates the perfect environment for family gatherings and weekend entertaining. A dedicated laundry room offers ample space for a full-size washer and dryer. Completing the home is a detached two-car garage and a long driveway that provides abundant parking and storage and enhances everyday convenience. Property sold as is, in its present condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 4.0 | 2.0 | 76% |
| Square foot | 2,825 | 1,742 | 88% |
| Lot Size | 7,011 | 6,377 | 75% |
| Price | $1.90M | $1.33M | 80% |
| Price per sq ft | $673 | $762 | 27% |
| Built year | 1950 | 1926 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 180 | 19% |
Mar 15, 2026
$1,899,999
$1,945,000
-2% Price Drop
Initial Listing
Feb 11, 2026
$1,945,000
$1,995,000
-3% Price Drop
Initial Listing
Jan 16, 2026
$1,995,000
Initial Listing