2753 Rimpau, Los Angeles, CA 90016

Description

We are pleased to present a compelling development opportunity in the heart of the West Adams/Mid City submarket. Situated on a 7,151 SF lot, the property is zoned LAR2, allowing for the construction of 2 units by right + ADUs. The site is currently improved with an owner-occupied single-family residence and will be delivered 100% vacant, providing developers with a clean path to pursue their vision. The property offers multiple potential strategies, including maximizing the existing LAR2 zoning, potentially utilizing SB 684 to pursue a small-lot subdivision, or developing a brand-new single-family residence. Beyond the development potential, the existing single-family residence is in good condition and offers an additional opportunity for renovation and repositioning, giving buyers multiple avenues to unlock the value of the property. Ideally positioned between West Adams, Mid City, Culver City, and Miracle Mile, the property offers convenient access to some of Central Los Angeles' most desirable dining, retail, entertainment, and employment destinations. With its sizable lot, vacant delivery, development flexibility, and highly central location, the property represents a rare infill opportunity in one of Los Angeles' most dynamic and well-connected submarkets. *Buyer to independently verify SB 684 eligibility and all development potential.

Features

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• 0.16 Acres
• 1 Story