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Duplex at 2829 S Rimpau
$899,000
2829 S Rimpau
Los Angeles, Los Angeles, 90016
Duplex · 2 units
Active · 26 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$5,440/mo
Units
2
Price per unit
$449,500
Est. annual NOI
$32,640
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$62,016
Operating expenses
$31,008
Net operating income
$31,008
Annual debt service
$53,830
Annual cash flow
-$22,822
Cash on cash return
-10.2%
Down payment
$224,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
5
Bathrooms
2
Building size
1,708 sqft
Lot size
5,202 sqft
Year built
1921
Stories
1
Garage spaces
0
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
26
MLS #
247187439

About this property

Welcome to 2829 S Rimpau Blvd, a move-in-ready Los Angeles property offering exceptional flexibility, a central location, and strong investment potential. Recently refreshed with updated flooring, fresh paint, recessed lighting, and additional improvements, the property is ready for immediate occupancy while still offering plenty of upside for the next owner. The versatile layout makes this an excellent option for an owner-user, investor, or multi-generational household. Live in the main residence while utilizing the additional space for rental income, extended family, guests, a home office, or other flexible uses. Investors will appreciate the opportunity to further improve the property and maximize its long-term potential. Centrally located near West Adams, Culver City, Mid-City, Downtown Los Angeles, the Westside, major freeways, dining, shopping, entertainment, and employment centers, this property puts much of Los Angeles within easy reach. With the 2028 Olympic Games on the horizon, the area continues to benefit from its strategic location within the city. Whether you're looking for a comfortable place to call home, an income-producing opportunity, or a property with room to add value, 2829 S Rimpau Blvd offers a compelling combination of location, flexibility, and potential. Seller financing available! Contact us today to discuss flexible terms and open the door to your new home

Location

2829 S Rimpau

Los Angeles, Los Angeles, CA, 90016

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2829 S Rimpau, Los Angeles CA | Multifamily for Sale