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2745 S Rimpau Blvd, Los Angeles, CA 90016
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2745 S Rimpau Blvd Los Angeles, CA 90016

$1,210,000 Sold Price as of 09/06/2023
  • 5 Beds
  • 4 Baths
  • 1,973 Sq.Ft.
Sold
$1,210,000 Sold Price as of 09/06/2023 Refinance Your Mortgage
Map preview of 2745 S Rimpau Blvd, Los Angeles, CA 90016

Property Overview: 2745 S Rimpau Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,973 living square feet and 5,849 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this exquisite Craftsman duplex gem nestled in the ever-growing West Adams neighborhood! This stunning duplex + bonus space, has been thoughtfully modernized while preserving its original 1914 charm. A brand new renovation from top to bottom, including smooth coated stucco and a newer roof, ensures low-maintenance living for years to come.Step inside each unit and be greeted by crisp air conditioning, perfect for California's sunny days. The upgraded copper plumbing guarantees peace of mind. The spacious kitchens boast stainless steel appliances, catering to the modern lifestyle.Each side-by-side unit offers separate washer/dryer units, enhancing convenience and privacy for tenants. The bonus suite behind the north unit serves as a perfect crash pad for those with long commutes or as a versatile space for various needs.Outside, you'll find custom landscaping that beautifully combines xeriscape and native plants with decomposed granite. Enjoy the shade and fruit from the citrus and shade trees, creating a tranquil oasis.Not only does this property feature a newer garage build, but it also commands market rents, making it an excellent investment opportunity or development play with its r2 zoning. The fully enclosed front and backyards ensure tenant privacy and security.A true masterpiece. No sign on property, so please respect the privacy of the tenants and refrain from disturbing them. Schedule your private viewing today and experience the allure of this modernized Craftsman in the heart of West Adams! Private showings only scheduled with at least 48 hours notice.

Listed by Alex 'Zan' Sacker | BRE #01279796 | KW Advisors
Last checked: 14 minutes ago | Last updated: September 6th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,849
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23295973
City
Los Angeles
County
Los Angeles
Time on Site
280 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.9
  • Gross Scheduled Income: --
  • Net Operating Income: $60,000
  • Gross Operating Income: $70,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2745 S Rimpau Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Wood
  • Art Studio, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Oven, Gas Oven
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination, Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5049007019
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Just South of West Adams Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 2745 S Rimpau Blvd

Last sold for $1,210,000 on September 6th, 2023

  • September, 2023

  • Sep 6, 2023

    Date

    Sold

    CRMLS: 23295973

    $1,210,000

    Price

  • Aug 1, 2023

    Date

    Active

    CRMLS: 23295973

    $1,199,999

    Price

  • May, 2018

  • May 29, 2018

    Date

    Sold

    CRMLS: 316002324

    $505,000

    Price

  • Listing provided courtesy of CRMLS

    Great Duplex for sale!!! 2BR 1BA each plus an additional 1BR 1BA space in back of the 2 units. Both units have a living room, good size kitchen, service area with laundry and water heaters inside. One of the units has an updated kitchen with granite counters, newer cabinets, and recess lighting. Some copper plumbing throughout units. Seller plans to pay for relocation of the tenant in updated unit!!!! Move in or get market rents!!! This is a great buy!!! SELLER IS NOT ACCEPTING ANYMORE OFFERS!!!!

  • June, 2017

  • Jun 2, 2017

    Date

    Sold

    CRMLS: P0-316002324

    $505,000

    Price

  • Listing provided courtesy of CRMLS

    Great Duplex for sale!!! 2BR 1BA each plus an additional 1BR 1BA space in back of the 2 units. Both units have a living room, good size kitchen, service area with laundry and water heaters inside. One of the units has an updated kitchen with granite counters, newer cabinets, and recess lighting. Some copper plumbing throughout units. Seller plans to pay for relocation of the tenant in updated unit!!!! Move in or get market rents!!! This is a great buy!!! SELLER IS NOT ACCEPTING ANYMORE OFFERS!!!!

  • May, 2016

  • May 20, 2016

    Date

    Sold (Public Records)

    Public Records

    $505,000

    Price

Show More

Tax History for 2745 S Rimpau Blvd

Assessed Value (2020): $546,626
Year Land Value Improved Value Assessed Value
2020 $378,850 $167,776 $546,626

Home Value Compared to the Market

This property vs the competition

2745 S Rimpau Blvd sold on September 6, 2023 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $608.21 per/sqft which puts the price per square foot 19.44% lower than the current median sale per square foot for the city of Los Angeles.

About 2745 S Rimpau Blvd

Detailed summary of property

2745 S Rimpau Blvd is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 1,973 living square feet, and sits on an approximately 5,849 square foot lot. 2745 S Rimpau Blvd was first listed on ArdentRealEstateGroup.com on August 1, 2023. The homeowner sold the property for $1,210,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 5426 Smiley Dr, 5435 Smiley Dr and 1637 S Highland Ave. While the average home in Los Angeles, CA is selling in 94 days, 2745 S Rimpau Blvd has a days on market of 13 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2745 S Rimpau Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2745 S Rimpau Blvd

Public county record property details
Beds
5
Baths
3
Year built
1914
Sq. Ft.
1,973
Lot Size
5,849
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
240,241
APN
5049-007-019

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$781
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
73
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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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.

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