The 2-4 Unit Specialists are excited to present 1649 S Rimpau Blvd, a brand-new luxury triplex in the heart of Mid-City Los Angeles. This stunning, NON RENT-CONTROLLED property offers an exceptional combination of design, functionality, and investment potential, with a pro forma cap rate of 5.05%.
Located on a desirable street near tons of shopping hotspots and convenient eateries, this 2024 construction features a luxurious 2,045 SF single-family residence with 4 bedrooms and 4.5 bathrooms, a massive tri-level townhome with 3 bedrooms and 3.5 bathrooms, and a 2-bedroom, 2-bathroom unit designated as an ADU. The property delivers 4,616 SF of total living space across two meticulously crafted buildings, each showcasing high-end finishes and contemporary design.
The thoughtfully designed floorplans boast open-concept living areas, spacious bedrooms, and gourmet kitchens with modern cabinetry, stainless steel appliances, and designer tiles. High ceilings, large windows, and abundant natural light create an airy, inviting ambiance, while waterproof wood vinyl flooring, oversized closets, and private balconies add an extra layer of luxury. The property also includes 4 exterior parking spaces, private washers/dryers for each unit, and drought-tolerant landscaping, ensuring minimal maintenance requirements.
Tenants pay all utilities, adding to the property’s efficiency. Its premium location guarantees strong tenant demand, making it an ideal long-term investment. With a GRM of 14.88 and a price per square foot of $541.38, this rare offering is perfect for investors seeking steady cash flow or homeowners desiring multi-unit luxury. Don’t miss the chance to own this trophy property—schedule your showing today!