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1440 Tremont St, Los Angeles, CA 90033
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1440 Tremont St Los Angeles, CA 90033

$1,300,000 Sold Price as of 10/02/2023
  • 14 Beds
  • 7 Baths
  • 4,836 Sq.Ft.
Sold
$1,300,000 Sold Price as of 10/02/2023 Refinance Your Mortgage
Map preview of 1440 Tremont St, Los Angeles, CA 90033

Property Overview: 1440 Tremont St Los Angeles, CA has 14 bedrooms, 7 bathrooms, 4,836 living square feet and 7,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: All 2 Bedrooms, Soft Story Retrofitting Completed, Parking For All Units, On Site Laundry.

Listed by Mike Iryami | BRE #01825516 | BRC Advisors- BH
Last checked: 4 minutes ago | Last updated: October 9th, 2023 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
7,501
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23282399
City
Los Angeles
County
Los Angeles
Time on Site
466 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,456
  • Total Rent: $1,456
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,004
  • Total Rent: $1,004
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $724
  • Total Rent: $724
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,191
  • Total Rent: $1,191
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,435
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,069
  • Total Rent: $1,069
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $724
  • Total Rent: $724
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.58
  • Gross Scheduled Income: --
  • Net Operating Income: $58,583
  • Gross Operating Income: $91,224
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1440 Tremont St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 7
  • Parcel Number: 5202012018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just South Of Soto St & East Of Lancaster Ave In Boyle Heights
View more facts & features

Local Los Angeles Agent

Sale History for 1440 Tremont St

Last sold for $1,300,000 on October 2nd, 2023

  • October, 2023

  • Oct 2, 2023

    Date

    Sold

    CRMLS: 23282399

    $1,300,000

    Price

  • Jun 19, 2023

    Date

    Active

    CRMLS: 23282399

    $1,330,000

    Price

  • January, 2019

  • Jan 23, 2019

    Date

    Sold

    CRMLS: PW18246404

    $1,000,000

    Price

  • Oct 27, 2018

    Date

    Active Under Contract

    CRMLS: PW18246404

    $995,000

    Price

  • Oct 26, 2018

    Date

    Hold

    CRMLS: PW18246404

    $995,000

    Price

  • Oct 26, 2018

    Date

    Active

    CRMLS: PW18246404

    $995,000

    Price

  • Oct 20, 2018

    Date

    Hold

    CRMLS: PW18246404

    $995,000

    Price

  • Oct 12, 2018

    Date

    Active

    CRMLS: PW18246404

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Seven (7) units with laundry. all 2 bedrooms 1 bath. two story building. In rent control area. Please read agent comments.

  • January, 2019

  • Jan 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

Show More

Tax History for 1440 Tremont St

Assessed Value (2020): $1,020,000
Year Land Value Improved Value Assessed Value
2020 $612,000 $408,000 $1,020,000

Home Value Compared to the Market

This property vs the competition

1440 Tremont St sold on October 2, 2023 for 18.75% 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 $275.02 per/sqft which puts the price per square foot 62.01% lower than the current median sale per square foot for the city of Los Angeles.

About 1440 Tremont St

Detailed summary of property

1440 Tremont St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 14 bedrooms, 7 bathrooms, roughly 4,836 living square feet, and sits on an approximately 7,501 square foot lot. 1440 Tremont St was first listed on ArdentRealEstateGroup.com on June 19, 2023. The homeowner sold the property for $1,300,000. 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 18.75% higher than the current median priced home. Local homes that are currently for sale include 1137 Miller Ave, 2819 E 3rd St and 305 S Mott St. While the average home in Los Angeles, CA is selling in 106 days, 1440 Tremont St has a days on market of 72 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1440 Tremont St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1440 Tremont St

Public county record property details
Beds
14
Baths
7
Year built
1965
Sq. Ft.
4,836
Lot Size
7,501
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5202-012-018

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
7
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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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