1185 S Tremaine Ave, Los Angeles, CA 90019
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1185 S Tremaine Ave, Los Angeles, CA 90019,Video Tour
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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1185 S Tremaine Ave Los Angeles, CA 90019

4 Beds

3 Baths

2,744 SqFt


Open House

Sun May 03, 2:00pm - 5:00pm

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 $655

MLS Listing ID 26645485

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1923

Lot Size 8,389 Sqft

Acres 0.1926

Property Sub-Type Multi-Family

Property Description

Stunning fully remodeled triplex located in the highly desirable Hancock Park neighborhood, set on an expansive 8,389 square foot corner lot. Zoning is R2 per assessor.The front two bedroom one bath unit and the rear one bedroom unit have been completely remodeled throughout, including brand new appliances, recessed lighting, upgraded electrical systems, new water heaters, new water and sewer lines, new split air conditioning systems, and newly designed landscaping with an automatic sprinkler system.The two vacant remodeled units offer exceptional flexibility for both owner users and investors. They were delivered vacant through cash for keys agreements and therefore have no rental restrictions. The future owner may rent these units at market rate. Once new leases are established, rent control will apply and future annual increases will be limited in accordance with local rent control regulations.The middle unit is currently occupied by a long term tenant paying $1,318.40 per month, providing immediate income. Showing of the occupied unit will be subject to an accepted offer.All units are charming standalone cottages, each with its own private outdoor space. The front vacant two bedroom unit features a beautifully landscaped front yard, a generous balcony overlooking the yard, and a spacious side yard with direct access to the garage. The middle occupied unit enjoys a large backyard with mature citrus trees and inviting landscaping. The rear remodeled vacant unit offers abundant natural light and a large private backyard with a deck, creating an ideal indoor-outdoor living experience. Additional highlights include a free-standing three-car garage, highly desirable off-street parking, individual laundry rooms, and separate gas and electric meters for each unit. With strong rental demand in the area, this property presents a rare opportunity for owner-occupancy, immediate income, and long-term value appreciation or future development potential. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, and public records. Photos shown are of the remodeled vacant units only. The owner is a licensed real estate broker.

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

Virtual Tour https://www.zillow.com/view-imx/c393055f-d64e-4fea-8446-17fe528b396c?initialViewType=pano&hidePhotos=true&setAttribution=mls&wl=true&utm_source=email&utm_medium=email&utm_campaign=emo-floorplancompleted


TheMLS (CLAW)
Listed by Bogari Agency

Nearby Locations

Cherrie And Zach

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

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1185 S Tremaine Ave