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Kristina Rawlins

homes@kristinarawlins.com +1(760) 717-1719

$ 1,900,000

Est. payment -/mo

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Price Dropped by $100K

1185 S Tremaine AVE Los Angeles, CA 90019

4 Beds

3 Baths

2,744 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $692

MLS Listing ID 26645485

Bedrooms 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 8,389 Sqft

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 C18 - Hancock Park-Wilshire

Zoning LAR2

Interior

Interior Features Recessed Lighting

Heating Fireplace(s)

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features Door-Multi, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Porch Deck

Total Parking Spaces 6

Private Pool No

Building

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5083006017

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

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Listed by Faye Bogari Bogari Agency #01335549

Kristina Rawlins

Agent | License ID: DRE 02049460

+1(760) 717-1719

Kristina Rawlins

1185 S Tremaine AVE Los Angeles, CA 90019

Key Details

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Interior

Exterior

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1185 S Tremaine AVE