Experience the ultimate Mid-City opportunity at 1253-1255 S Rimpau Blvd. This impeccably maintained duplex arrives fully rented (tenants currently month-to-month), offering a turnkey solution for savvy investors. Both 3-bedroom, 2-bathroom units feel practically brand new, having undergone a comprehensive top-to-bottom renovation just a few years ago. Inside, modern updates seamlessly blend with soulful character, featuring new hardwood floors, tankless water heaters, full copper plumbing, central air with Nest thermostats, and new Milgard windows. The upstairs unit elevates the experience with expansive city views of the L. A. skyline. Beyond the pristine interiors, the property boasts massive value-add potential with space to build two additional ADUs in the rear. Complete with a 3-car garage and separate meters, this property is perfectly positioned near the boutique charm of Larchmont Village and the world-class energy of The Grove. Whether you're looking to house-hack or maximize your portfolio, this central gem delivers on every level.
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Around this home
Schools
K - 12
Preschool & daycare
Wilshire Crest Elementary School
Public K-5 • Assigned • 0.6mi
4/10
John Burroughs Middle School
Public 6-8 • Assigned • 0.9mi
7/10
Los Angeles Senior High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
About Olympic
Park
Olympic Park, located between Koreatown and Mid-Wilshire, is a residential and commercial Los Angeles neighborhood with prewar apartment blocks and a steady stream of corner markets. The neighborhood’s character concentrates along Olympic Boulevard at Crenshaw Boulevard, where taquerias, bakeries, and small storefronts line the traffic-heavy corridor. Spanish Revival duplexes and 1920s courtyard buildings sit beside low-slung retail and auto-era lots, giving the streets a practical, lived-in rhythm. The Ebell of Los Angeles anchors the area with performances and civic events in a landmark setting. Nearby, LACMA and the Academy Museum of Motion Pictures add a museum-row counterpoint to the everyday streetscape. Pocket parks and schoolyards break up the grid with small patches of green.
Provided by Walk Score and Local Logic
Offer insights
1253 S Rimpau Blvd · $1,849,000
$1.84M and above
75% chance or better to win
Why $1.84M+ is a strong offer
DAYS ON MARKET
66 days
The average home goes pending in 70 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Double-pane windows
High ceilings of 9 feet or more
Energy-efficient features
Full copper plumbing
Bedrooms
6 bedrooms total, with 3 in each unit
Bathrooms
4 bathrooms total, with 2 in each unit
Kitchen
Gas range, gas oven, microwave, dishwasher
Laundry & utility
In-unit laundry
Washer and dryer
Tankless water heater
Flooring
Wood floors
Heating & cooling
Central heating
Central cooling
Exterior features
Balcony
Sprinkler system
Home design
Two-level design
East-facing
Parking
Detached 3-car garage
3 additional open parking spaces
Security
Exterior security lights
Construction
Flat tile roof
HOA & community
2 units in the complex
Financial info
Duplex with both units leased
Actual total rent of $8,850 per month
Actual annual gross rent of $106,200
Net operating income of $84,196.82
Annual expenses of $22,000.13
Cap rate of 4.6%
Gross rent multiplier of 17.41
Tenants pay gas, electricity, trash, and water
Electricity and solar
View estimated energy costs and solar savings for this home
First time on market in 40+ years. Charming duplex in the heart of Los Angeles. This two unit duplex is located in the desirable area of Mid-City. It is close to shopping, entertainment, and public transit. Minutes to Larchmont, the Grove, Fairfax district, and LACMA. Both units have 3bed+2bath. Property to be delivered 100% vacant. Upstairs unit has city views. Both units have original hardwood floors and fireplaces. Separately Metered for Gas and Electric. Property includes 3 garage spaces. Perfect opportunity for an owner user. Property being sold as-is.
Public Records
Mar 31, 1977
Sold
$45,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$16,297 (+1.1%)
$1,266,110 + $100,394
$1,366,504
2024
$16,119 (+2.0%)
$1,241,285 + $98,426
$1,339,711
2023
$15,810 (+4.8%)
$1,216,947 + $96,497
$1,313,444
2022
$15,080 (+872.2%)
$1,193,086 + $94,605
$1,287,691
2021
$1,551 (+5.1%)
$1,169,693 + $92,750
$1,262,443
2020
$1,476 (+3.1%)
$41,593 + $54,402
$95,995
2019
$1,431 (+7.9%)
$41,167 + $53,845
$95,012
2018
$1,326 (+1.8%)
$40,360 + $52,790
$93,150
2017
$1,303 (+5.2%)
$38,794 + $50,741
$89,535
2016
$1,238 (+1.2%)
$38,794 + $50,741
$89,535
2015
$1,223 (−1.5%)
$38,034 + $49,747
$87,781
2014
$1,242 (−0.7%)
$36,730 + $48,041
$84,771
2012
$1,250 (+1.5%)
$36,564 + $47,824
$84,388
2011
$1,232 (−1.2%)
$35,848 + $46,887
$82,735
2010
$1,247 (+4.0%)
$35,146 + $45,968
$81,114
2009
$1,199 (+3.5%)
$34,884 + $45,625
$80,509
2008
$1,158
$34,967 + $45,734
$80,701
Public record
Public record
Permits
Beds
6
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
7,343 Sq. Ft.
Year renovated
1936
Finished Sq. Ft.
2,808
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,808
Year built
1926
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5083016012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
Mar 30, 2025 • Final
Bldg-alter/repair
Construct an open porch addition with a balcony above on an existing duplex.
Addition
Nov 13, 2023 • Final
Bldg-alter/repair
Replace windows and doors with new units of the same size, location, and type. Re-stucco the exterior of the residential building and replace any damaged wood framing.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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