1185 S Tremaine Ave, Los Angeles, CA 90019
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1185 S Tremaine Ave, Los Angeles, CA 90019
1185 S Tremaine Ave, Los Angeles, CA 90019
1185 S Tremaine Ave, Los Angeles, CA 90019
1185 S Tremaine Ave, Los Angeles, CA 90019
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$ 1,500,000
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Price Dropped by $170K

1185 S Tremaine Ave Los Angeles, CA 90019

4 Beds

3 Baths

2,744 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $546

MLS Listing ID 26840829

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1923

Lot Size 8,389 Sqft

Acres 0.1926

Property Sub-Type Multi-Family

Property Description

HUGE PRICE REDUCTION TO SELL FAST! Beautifully remodeled property in the highly desirable Hancock Park neighborhood, situated on an expansive 8,389 SF R2 corner lot and featuring three charming one-story detached cottages, each with its own private backyard, separate gas and electric meters, individual garage, and laundry room. The front vacant 2-bedroom, 1-bath cottage and rear vacant 1-bedroom, 1-bath cottage have been extensively remodeled with new appliances, recessed lighting, upgraded electrical, new water heaters, new water and sewer lines, split A/C systems, and new landscaping with automatic sprinklers. Projected rents are $4,500 and $3,700 per month, respectively. The middle 1-bedroom cottage is occupied by a long-term tenant at $1,318.40 per month, with a scheduled 3% increase to $1,357.95 effective October 1, 2026. Excellent off-street parking and a rare opportunity for owner-users, investors, or future development. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, development potential, and public records. Photos shown are of the remodeled vacant units only.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR2

Rooms

Other Rooms None

Dining Room 0

Kitchen Counter Top, Pantry, Remodeled

Interior

Interior Features Mirrored Closet Door(s), Recessed Lighting, Turnkey

Heating Fireplace, Wall Electric

Cooling Wall Unit(s)

Fireplaces Type Living Room

Equipment Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Laundry Inside, Laundry Area

Exterior

Parking Features Driveway, Garage - 3 Car

Garage Spaces 6.0

Pool None

Building

Sewer In Street

Water In Street

Level or Stories One

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Bogari Agency
Ayssa Escalante

Ayssa Escalante

Broker Associate | License ID: 01215536

+1(310) 728-0795

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1185 S Tremaine Ave