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

$1,304,000 Sold Price as of 02/02/2022
  • 4 Beds
  • 3 Baths
  • 2,744 Sq.Ft.
Sold
$1,304,000 Sold Price as of 02/02/2022 Refinance Your Mortgage
Map preview of 1185 S Tremaine Ave, Los Angeles, CA 90019

Property Overview: 1185 S Tremaine Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,744 living square feet and 8,389 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful Triplex on an expansive 8399 sq/ft corner lot, in desirable Mid-Wilshire neighborhood. This beautiful, income producing property offers tremendous upside for the future owner with 2744 sq/ft total living area. The front of this beautiful unit features a stand-alone 2 bedroom, 1 bathroom cottage. The rear duplex unit features two roomy one bedroom, one bathroom units sharing a common wall. Each duplex owner can enjoy their own spacious, private backyard. The tenants have their own free-standing 3 car garage for storage or parking needs. The units are rental ready and includes its own separate gas and electric meters and laundry hookups as well. Per the assessor this lot is zoned as a R2 and provides future potential and possibilities with this great investment! Centrally located in the heart of Mid-Wishire and minutes from Larchmont village, Hollywood, Westside and DTLA.

Listed by CHIH HU | BRE #02072979 | KW Executive
Last checked: 5 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
8,389
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
WS21169874
City
Los Angeles
County
Los Angeles
Time on Site
1143 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,280
  • Total Rent: $1,280
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,560
  • Net Operating Income: $30,753
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,140
  • Electric: $0
  • Gas/Fuel: $720
  • New Taxes: $19,000
  • Trash: $720
  • Insurance: $1,200
  • Water/Sewer: $1,500

Virtual Tour

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Property Details for 1185 S Tremaine Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5083006017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Heading West on S San Vincente Blvd. Turn right on S Tremaine Ave. Property is one block up on right side.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1185 S Tremaine Ave

Last sold for $1,304,000 on February 2nd, 2022

  • June, 2023

  • Jun 4, 2023

    Date

    Canceled

    CRMLS: 23254795

    $1,499,999

    Price

  • Mar 27, 2023

    Date

    Active

    CRMLS: 23254795

    $1,499,999

    Price

  • Listing provided courtesy of CRMLS

    This stunning triplex in the highly desirable Hancock Park neighborhood sits on an expansive 8,389 SQFT corner lot. Preliminary plans for 2 town homes, each 5100 SQFT, including 2 attached ADU, Soil & survey reports from 2022 are attached in the Docs tab. Buyer to due their own due diligence for permits and public information. The property is fully occupied so the future owners will enjoy immediate income producing benefits as well as potential to build out further for additional cash flow (zoned R2 per assessor). The front unit is a charming stand alone cottage with 2 bedrooms and 1 bathroom. The rear unit is a duplex featuring two spacious 1 bedroom, 1 bath units - each with their own private, backyard oasis. The property also includes a free standing 3 car garage providing tenants highly coveted off street parking and additional storage. Each unit also comes with laundry hookups and it's own separate gas and electric meters. For all showings, please DO NOT contact the listing broker and see the agent private remarks for the showing instructions.

  • March, 2023

  • Mar 28, 2023

    Date

    Canceled

    CRMLS: 22208967

    $1,699,000

    Price

  • Nov 8, 2022

    Date

    Active

    CRMLS: 22208967

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    This stunning triplex in the highly desirable Hancock Park neighborhood sits on an expansive 8,389 sq ft corner lot. The property is fully occupied so the future owners will enjoy immediate income producing benefits as well as potential to build out further for additional cash flow (zoned R2 per assessor). The front unit is a charming stand alone cottage with 2 bedrooms and 1 bathroom. The rear unit is a duplex featuring two spacious 1 bedroom, 1 bath units - each with their own private, backyard oasis. The property also includes a free standing 3 car garage providing tenants highly coveted off street parking and additional storage. Each unit also comes with laundry hookups and it's own separate gas and electric meters.

  • August, 2021

  • Aug 30, 2021

    Date

    Hold

    CRMLS: WS21169874

    $1,499,000

    Price

  • Aug 4, 2021

    Date

    Active

    CRMLS: WS21169874

    $1,499,000

    Price

  • September, 2020

  • Sep 13, 2020

    Date

    Expired

    CRMLS: SR20057645

    $1,590,000

    Price

  • Jun 30, 2020

    Date

    Price Change

    CRMLS: SR20057645

    $1,590,000

    Price

  • Jun 7, 2020

    Date

    Active

    CRMLS: SR20057645

    $1,599,000

    Price

  • Jun 6, 2020

    Date

    Hold

    CRMLS: SR20057645

    $1,599,000

    Price

  • Apr 14, 2020

    Date

    Price Change

    CRMLS: SR20057645

    $1,599,000

    Price

  • Mar 16, 2020

    Date

    Active

    CRMLS: SR20057645

    $1,674,999

    Price

  • Listing provided courtesy of CRMLS

    Fabulous rare corner lot triplex for sale in desirable Mid-Wilshire neighborhood. Each unit has it's own separate gas and electric meters. Property is a 2 bedroom 1 bathroom free standing unit in the front, and in the back are two one bedroom, one bathroom units sharing a common wall. Between both buildings is a free standing 3 car garage. Each unit has their own laundry hookups too. This property is zoned R2. Lots of potential and possibilities with this great investment!

  • February, 2020

  • Feb 14, 2020

    Date

    Canceled

    CRMLS: NP19206540

    $1,780,000

    Price

  • Aug 29, 2019

    Date

    Active

    CRMLS: NP19206540

    $1,780,000

    Price

  • Listing provided courtesy of CRMLS

    ----- DO NOT DISTURB TENENTS ----- ATTENTION BUILDERS: This is the lot you have been looking for. An 8,393 square foot corner lot in the beautiful desirable area of Mid-Wilshire. Build a beautiful large home with pool for your family or for one of your special clients. Close to West Olympic Blvd., San Vicente Blvd. and South La Brea Avenue. Minutes away from Beverly Hills and Miracle Mile.

Show More

Tax History for 1185 S Tremaine Ave

Assessed Value (2020): $285,598
Year Land Value Improved Value Assessed Value
2020 $154,221 $131,377 $285,598

Home Value Compared to the Market

This property vs the competition

1185 S Tremaine Ave sold on February 2, 2022 for 33.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $546.28 per/sqft which puts the price per square foot 24.55% lower than the current median sale per square foot for the city of Los Angeles.

About 1185 S Tremaine Ave

Detailed summary of property

1185 S Tremaine Ave is a triplex that recently sold in Los Angeles, CA 90019. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,744 living square feet, and sits on an approximately 8,389 square foot lot. 1185 S Tremaine Ave was first listed on ArdentRealEstateGroup.com on August 4, 2021. The homeowner sold the property for $1,304,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.84% higher than the current median priced home. Local homes that are currently for sale include 1405 S Bronson Ave, 1632 Crenshaw Blvd and 1516 S Cloverdale Ave. While the average home in Los Angeles, CA is selling in 106 days, 1185 S Tremaine Ave has a days on market of 59 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1185 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 1185 S Tremaine Ave

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
2,744
Lot Size
8,392
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
432
APN
5083-006-017

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Recently Sold Homes Near 1185 S Tremaine Ave

1161 S Tremaine Ave, Los Angeles, CA 90019
$1,653,300 Last Sold Price
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1172 S Longwood Ave, Los Angeles, CA 90019
$1,455,000 Last Sold Price
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$1,800,000 Last Sold Price
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1148 S Tremaine Ave, Los Angeles, CA 90019
$2,250,000 Last Sold Price
6 Beds
4 Baths
3556 Sq.Ft.
1148 S Tremaine 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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