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1155 S Tremaine Ave, Los Angeles, CA 90019
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1155 S Tremaine Ave Los Angeles, CA 90019

$2,400,000
  • 7 Beds
  • 5 Baths
  • 3,862 Sq.Ft.
For Sale
$2,400,000 Get Pre-Qualified
Map preview of 1155 S Tremaine Ave, Los Angeles, CA 90019

Property Overview: 1155 S Tremaine Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,862 living square feet and 6,490 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: CBRE is pleased to exclusively offer for sale 1155-1157 S Tremaine Avenue, a charming, well-maintained, pride of ownership three-unit apartment building consisting of a Duplex with an ADU built in 1924. The property boasts a favorable unit mix of one (1) four-bedroom, two-bathroom unit, one (1) three-bedroom, two-bathroom unit, and one (1) studio unit. 1155-1157 S Tremaine Avenue is a prime investment opportunity for investors with its highly desired neighborhood. These units, in pristine condition, feature restored hardwood floors, formal dining rooms, antique chandeliers, and French windows. Modern comforts include private laundry, alarm systems, and central air conditioning. Common areas boast original architecture, beautiful landscaping, parking, and upgraded electrical & plumbing systems. A perfect blend of vintage charm and modern convenience.

Listed by John Boyett | BRE #02056759 | CBRE
Last checked: 8 minutes ago | Last updated: March 11th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
6,490
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24354009
City
Los Angeles
County
Los Angeles
Time on Site
92 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,094
  • Total Rent: $4,094
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $6,200
  • Total Rent: $6,200
  • Pro Forma/Market Rent: $6,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.34
  • Gross Scheduled Income: --
  • Net Operating Income: $98,689
  • Gross Operating Income: $142,550
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1155 S Tremaine Ave

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Property Details for 1155 S Tremaine Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 5083006011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between W 12th Street and Edgewood Place
View more facts & features

Local Los Angeles Agent

Sale History for 1155 S Tremaine Ave

Last leased for $5,300 on September 22nd, 2019

  • January, 2024

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24354009

    $2,400,000

    Price

  • June, 2023

  • Jun 18, 2023

    Date

    Canceled

    CRMLS: 23243271

    $2,550,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: 23243271

    $2,550,000

    Price

  • Listing provided courtesy of CRMLS

    BEAUTIFUL SPANISH MEDITERRANEAN TRIPLEX IN HIGHLY COVETED LONGWOOD HIGHLANDS -- DUPLEX TOP DOLLAR RENTS & ADU DELIVERED VACANT. This is a must see property! The beauty of this romantic Spanish Mediterranean triplex is enhanced by it being on one of Longwood Highland's prettiest tree lined streets that's filled with other timeless treasure homes. The units are spacious and filled with tons of Spanish charm, arched doorways and coved ceilings. Large open layouts perfect for entertaining. Both units have a renovated master bath in timeless Hollywood art deco styling. The building has been well maintained. UPPER UNIT is approximately 2000 sqft, 3 bed/2 bath, with a bonus room over the driveway. Airy and open unit with hardwood floors and plenty of natural light. Master bedroom with ensuite. Two spacious patios. Tenant is paying $5,950 per month. DOWNSTAIRS UNIT is approximately 1862 sqft 3 bed / 2 bath. Renovated kitchen. Light and bright with the most Tenant is paying $3975. ADU is a brand new, permitted, spacious 350 sqft studio/1bath and will be delivered vacant. Green grassy backyard, surrounded by nature and a big lemon tree. Property is centrally located and is close to Beverly Grove, Beverly Hills, Culver City, Hollywood and trendy restaurants, cafes and shopping.

  • September, 2019

  • Sep 24, 2019

    Date

    Leased

    CRMLS: 19511528

    $5,300

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19511528

    $5,300

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled upper unit duplex in great location! 3bd + office, 2ba, 2000sf unit with hardwood floors and lots of natural light. Open floor plan, dining room, living room with fireplace and spacious gourmet kitchen. Sunny deck and shared backyard area. 2 parking spaces. Washer, dryer, central heat and air. Very rare opportunity that wont last!

  • October, 2014

  • Oct 3, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2014

  • Jul 31, 2014

    Date

    Sold (Public Records)

    Public Records

    $900,009

    Price

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Tax History for 1155 S Tremaine Ave

Assessed Value (2020): $1,483,565
Year Land Value Improved Value Assessed Value
2020 $1,043,990 $439,575 $1,483,565

Home Value Compared to the Market

This property vs the competition

1155 S Tremaine Ave is listed 92.15% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $621.44 per/sqft which puts the price per square foot 19.71% lower than the median price per square foot for the city of Los Angeles.

About 1155 S Tremaine Ave

Detailed summary of property

1155 S Tremaine Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 7 bedrooms, 5 bathrooms, roughly 3,862 living square feet, and sits on an approximately 6,490 square foot lot. 1155 S Tremaine Ave was first listed on ArdentRealEstateGroup.com on February 15, 2024. The homeowner is currently asking $2,400,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 92.15% higher than the median priced home. Local competing homes currently for sale include 1852 S La Brea Ave, 1121 5th Ave and 1250 5th Ave. While the average home in Los Angeles, CA is selling in 94 days, 1155 S Tremaine Ave has a days on market of 94 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1155 S Tremaine Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1155 S Tremaine Ave

Public county record property details
Beds
7
Baths
4
Year built
1924
Sq. Ft.
3,862
Lot Size
6,489
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
425
APN
5083-006-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 1155 S Tremaine Ave

1148 S Tremaine Ave, Los Angeles, CA 90019
$2,250,000 Last Sold Price
6 Beds
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1161 S Tremaine Ave, Los Angeles, CA 90019
$1,653,300 Last Sold Price
4 Beds
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3198 Sq.Ft.
1161 S Tremaine Ave
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1185 Keniston Ave, Los Angeles, CA 90019
$1,800,000 Last Sold Price
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1147 Keniston Ave, Los Angeles, CA 90019
$1,275,000 Last Sold Price
192 Beds
145 Baths
2304 Sq.Ft.
1147 Keniston Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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