1347 S Rimpau Blvd, Los Angeles, CA 90019
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1347 S Rimpau Blvd Los Angeles, CA 90019

$1,199,000 Sold Price as of 05/28/2019
  • 4 Beds
  • 2 Baths
  • 1,897 Sq.Ft.
Sold
$1,199,000 Sold Price as of 05/28/2019 Refinance Your Mortgage

Map preview of 1347 S Rimpau Blvd, Los Angeles, CA 90019

Property Overview: 1347 S Rimpau Blvd Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,897 living square feet and 6,659 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well-maintained duplex in desirable Hancock Park/Longwood Highlands neighborhood on a big lot (6,659 square feet) so its a great opportunity to add living area to the units. Light and airy upstairs unit is vacant. It has living room, dining room, two bedrooms and one bath. Central air and heat in both units. Hardwood floors throughout with tiled floor in kitchens. Granite countertops. Kitchens and baths have been updated. Washer/dryer in each unit. Downstairs unit occupied by same tenant since March 2017. Property is located just half a block from the nearby Starbucks and other convenient shopping at Midtown Crossing stores.

Listed by Stephen Bedikian | BRE #01362691 | Real IQ Properties
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,659
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19454064
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: --
  • Net Operating Income: $45,100
  • Gross Operating Income: $61,200
  • Improvements Total: $258,888
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1347 S Rimpau Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete, Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5083026011
Location / Neighborhood
Location Information
  • Directions: On Rimpau just North of Pico.
View more facts & features

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Sale History for 1347 S Rimpau Blvd

Last leased for $2,750 on April 23rd, 2020
  • April, 2020

  • Apr 23, 2020

    Date

    Leased

    CRMLS: 20555982

    $2,750

    Price

  • Feb 29, 2020

    Date

    Active

    CRMLS: 20555982

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Downstairs unit in a Spanish duplex in the desirable Hancock Park/Longwood Highlands neighborhood is well maintained and updated. The unit has a living room, dining room, two bedrooms and one bathroom. It also has central air and heat. Hardwood floors throughout with tiled floor in the kitchen. Laundry area with washer & dryer, in unit. Property is located just a half block from a Starbucks and other convenient shopping at Midtown Crossing stores. Photos show the unit staged. Available now.

  • May, 2019

  • May 29, 2019

    Date

    Sold

    CRMLS: 19454064

    $1,199,000

    Price

  • Apr 19, 2019

    Date

    Pending

    CRMLS: 19454064

    $1,199,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: 19454064

    $1,199,000

    Price

  • May, 2019

  • May 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,199,000

    Price

  • November, 2014

  • Nov 4, 2014

    Date

    Sold (Public Records)

    Public Records

    $840,000

    Price

Show More

Tax History for 1347 S Rimpau Blvd

Assessed Value (2020): $1,222,980
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $202,980 $1,222,980

Home Value Compared to the Market

This property vs the competition

1347 S Rimpau Blvd sold on May 28, 2019 for 7.05% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $632.05 per/sqft which puts the price per square foot 12.7% lower than the current median sale per square foot for the city of Los Angeles.

About 1347 S Rimpau Blvd

Detailed summary of property

1347 S Rimpau Blvd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,897 living square feet, and sits on an approximately 6,659 square foot lot. 1347 S Rimpau Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,199,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.05% higher than the current median priced home. Local homes that are currently for sale include 2254 Crenshaw Blvd, 2045 S Palm Grove Ave and 1407 5th Ave. While the average home in Los Angeles, CA is selling in 106 days, 1347 S Rimpau Blvd has a days on market of 7 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1347 S Rimpau Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1347 S Rimpau Blvd

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
1,897
Lot Size
6,659
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
94,95
APN
5083-026-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1347 S Rimpau Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.