1649 S Rimpau Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 9 bed, 11 bath

1649 S Rimpau Boulevard, Los Angeles, California 90019 home-pic-0
ACTIVE$2,499,000
1649 S Rimpau Boulevard, Los Angeles, California 90019
9Beds
11Baths
4,616Sqft
4,290Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction: The property is a brand-new triplex built in 2024, offering modern amenities and construction standards.
Top Cons:
Limited Parking: Only four exterior parking spaces are available for three units, which may be insufficient for some tenants.

Compared to the nearby listings

Price:$2.50M vs avg $1.35M (+$1,149,000)92%
Size:4,616 sqft vs avg 3,908 sqft69%
Price/sqft:$541 vs avg $45585%

More Insights

Built in 2024 (1 years old).
Condition: The property was built in 2024 and features modern, high-end finishes throughout, including gourmet kitchens and stylish bathrooms. The images confirm the new construction and contemporary design, justifying an 'excellent' condition score.
Year Built
2024
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
BB25020547
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

1649 S Rimpau Blvd is a brand-new luxury triplex in the heart of Mid-City Los Angeles. This rare offering provides the perfect blend of investment potential and an exceptional owner-occupier setup, allowing you to own a luxurious freestanding home while benefiting from rental income to offset your mortgage. Situated on a desirable street near vibrant shopping and dining options, this 2024 construction includes three thoughtfully designed units to attract a wide range of tenants. The property features a stunning 2,045 SF single-family residence with 4 bedrooms and 4.5 bathrooms, a spacious tri-level townhome with 3 bedrooms and 3.5 bathrooms, and a stylish 2-bedroom, 2-bathroom ADU. This diverse mix of unit types ensures easy renting and maximizes income potential. The 4,616 SF of total living space across two meticulously crafted buildings showcases high-end finishes, open-concept layouts, and modern amenities, including gourmet kitchens, private balconies, and abundant natural light. Tenants pay all utilities (excluding 1 electric house meter), and the property includes drought-tolerant landscaping, private washers/dryers for each unit, and four exterior parking spaces for added convenience. Located in a highly gentrified area with strong tenant demand, this non-rent-controlled triplex is ideal for homeowners seeking a luxury home with additional income or investors looking for a turnkey property in a prime location. Don’t miss the chance to own this exceptional opportunity—schedule your showing today!

Price History

Date
Event
Price
05/02/22
Sold
$850,000
Condition Rating
Excellent

The property was built in 2024 and features modern, high-end finishes throughout, including gourmet kitchens and stylish bathrooms. The images confirm the new construction and contemporary design, justifying an 'excellent' condition score.
Pros & Cons

Pros

New Construction: The property is a brand-new triplex built in 2024, offering modern amenities and construction standards.
Income Potential: The property features a mix of unit types (single-family residence, townhome, and ADU) designed to maximize rental income and attract a wide range of tenants.
Prime Location: Located in a highly gentrified area of Mid-City Los Angeles, near shopping and dining, with strong tenant demand.

Cons

Limited Parking: Only four exterior parking spaces are available for three units, which may be insufficient for some tenants.
Utility Costs: While tenants pay most utilities, the owner is responsible for one electric house meter, adding to the operating expenses.

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