1185 S Tremaine Avenue, Los Angeles, CA 90019
- $1,500,000
- 4
- BD
- 3
- BA
- 2,744
- SqFt
Listing courtesy of Listing Agent: Faye Bogari (bogarirealty@gmail.com) from Listing Office: Bogari Agency.
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 116
- Price Change
- ▼ $170,000 1787194175
- MLS#
- 26840829
- Subtype
- Residential Income
- Year Built
- 1923
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,744
- Lot Size
- 8,389
- Acres
- 0.19
- MLS Area Major
- Hancock Park-Wilshire (C18)
Property Description
HUGE PRICE REDUCTION TO SELL FAST! Beautifully remodeled property in the highly desirable Hancock Park neighborhood, situated on an expansive 8,389 square foot R2 corner lot. The property features three charming, detached, single-story cottages, each with its own private backyard, separate gas and electric meters, an individual garage, and a laundry room. The vacant front 2-bedroom, 1-bathroom cottage and vacant rear 1-bedroom, 1-bathroom cottage have been extensively remodeled with new appliances, recessed lighting, upgraded electrical systems, split air conditioning systems, and new landscaping. Projected monthly rents are $4,500 for the front 2-bedroom cottage and $3,700 for the rear 1-bedroom cottage. The middle 1-bedroom cottage is occupied by a long-term tenant paying $1,318.40 per month, with a scheduled rent increase to $1,357.95 effective October 1, 2026. Excellent off-street parking and a rare opportunity for owner-occupants, 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.
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Additional Information
- Interior Features
- Recessed Lighting
- Zoning
- LAR2
- Appliances
- Dishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator, Dryer, Washer
- Heating
- Fireplace(s)
- Stories
- One Level
- Levels
- One
- Pool Type
- None
- Parking Features
- Door-Multi, Driveway, Garage
- Garage Spaces
- 3
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.