1649 Rimpau Blvd, Mid-City
2,045 SF Luxury 4 Bed SFR + 2 Massive Units In Prime Mid-City Location
A brand-new luxury triplex in Mid-City, this NON RENT-CONTROLLED 2024 construction features a 4b,4.5b single-family residence, a 3b,3.5b townhome, & a 2b,2b ADU, offering 4,616 SF of high-end living space. With a pro forma cap rate of 5.05%, GRM of 14.88, & premium finishes like gourmet kitchens, private balconies, & drought-tolerant landscaping, this property is an exceptional investment or owner-occupied opportunity. Schedule your showing today!
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
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Unit Mix:
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$2,499,000
Triplex
Pre-Market
3
2025
5.05%
14.88
$168,000 (Pro Forma)
4.616 sqft
4,290 sqft
$541.38
$833,000
1 x 4b/4.5b SFR, 1 x 3b/3.5b, 1 x 2b/2b ADU
No
4 Exterior Spaces
No
Other Features:
Massive 4 Bedroom Unit, Separate Utility Meters
The Highlights
Centrally located on a desirable Mid-City street, close to shopping, dining, and cultural hotspots like Sprouts, Target, Starbucks, and more.
Comparable single-family homes with significantly less space sell for $2-3M, making this offering exceptional value at $2,499,000.
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.
Includes two additional units: a 3-bedroom, 3.5-bathroom tri-level townhome and a 2-bedroom, 2-bathroom ADU, providing significant rental income.
Tenants pay all utilities, keeping expenses minimal and offering an outstanding projected cap rate of 5.05%.
Perfect opportunity for owner-occupiers to live in luxury while rental income offsets the mortgage.
Offers two private garages and three additional exterior parking spaces for ample parking.
Designed with high ceilings, abundant natural light, private balconies, and luxury finishes, epitomizing modern living.
Includes separate utility meters and drought-tolerant landscaping for convenience and minimal maintenance.
Combines luxury, functionality, and investment potential in one of Los Angeles’ most sought-after neighborhoods.
The Neighborhood
<15-Minute Walk
Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria
<15-Minute Drive
The Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center
<$15 Uber Ride
The Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center
Contact
Lauren Cearley
213.302.8662
Property Presented By:
