1185 S Tremaine AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $619
MLS Listing ID 25586009
Bedrooms 4
HOA Y/N No
Year Built 1923
Lot Size 8,389 Sqft
Property Description
This stunning triplex in the highly desirable Hancock Park neighborhood sits on an expansive 8,389 sq ft corner lot (R2 zoning per assessor). Perfect for owner-users or investors, the property includes a charming standalone front cottage with 2 bedrooms and 1 bath (vacant), plus a rear duplex with two spacious 1-bedroom, 1-bath units, one vacant and one occupied by a long-term tenant paying $1,280/month, with rent scheduled to increase to $1,318.40 on October 1, 2025. Each unit enjoys its own private backyard oasis. The two vacant units became available through cash-for-keys agreements, meaning there are no rental restrictions, allowing for market-rate rentals or owner occupancy. Additional highlights include a free-standing 3-car garage, highly coveted off-street parking, individual laundry hookups, and separate gas and electric meters. With strong rental demand in the area, this triplex offers the rare combination of owner-occupancy potential, immediate income-producing benefits, and future development or value-add opportunities. Soil and survey reports from 2022 are available upon request. An adjacent duplex recently sold for $1.87M, underscoring the strength of this investment. Please include RPA, proof of funds, and a pre-approval letter with all offers. Buyer to conduct their own due diligence regarding permits and public information.The owner is a licensed real estate agent.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR2
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
Parking Features Door-Multi,Driveway,Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Total Parking Spaces 6
Private Pool No
Building
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5083006017
Special Listing Condition Standard