1185 S Tremaine Avenue
Los Angeles, CA, 90019 $ 1,500,000
Bedrooms4 Baths2.0 Sq 2,744 Monthly Estimate*
$ 10,360
Listed by Faye Bogari, Bogari Agency, bogarirealty@gmail.com
for $1,500,000 with 4 bedrooms and 2 full baths. This 2,744 square foot home was built in 1923 on a lot size of 0.1926.
HUGE PRICE REDUCTION TO SELL FAST! Beautifully remodeled property in the highly desirable Hancock Park neighborhood, situated on an expansive 8,389-square-foot R2 corner lot. The property features three charming, detached, single-story cottages, each with its own private backyard, separate gas and electric meters, an individual garage, and a laundry room. The vacant front 2-bedroom, 1-bathroom cottage and vacant rear 1-bedroom, 1-bathroom cottage have been extensively remodeled with new appliances, recessed lighting, upgraded electrical systems, split air conditioning systems, and new landscaping. Projected monthly rents are $4,500 for the front 2-bedroom cottage and $3,700 for the rear 1-bedroom cottage. The middle 1-bedroom cottage is occupied by a long-term tenant paying $1,357.95. Excellent off-street parking and a rare opportunity for owner-occupants, investors, or future development. Soil and survey reports from 2022 are available upon request. Buyers to conduct their own due diligence regarding permits, zoning, development potential, and public records. Photos shown are of the remodeled vacant units only.
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FeaturesGeneralLiving Area 2744
Sewer Other
Heating Fireplace(s)
Possession Close Of Escrow
Appliances Dishwasher Disposal Gas Oven Microwave Range Refrigerator Dryer Washer
Zoning LAR2
Garage Spaces 3
Patio/Porch Features Deck
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1923
Stories Count 1
Levels One
Gross Income 114220080
County Los Angeles
Net Operating Income 102027080
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Corner of W 12th St & S Tremaine Ave
City Los Angeles
Disclosures Principal is Real Estate Licensed Rent Control
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 8389
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Rent Control Y/N true
Standard Status Active
Occupancy Type Vacant
Cap Rate 5.34
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InteriorInterior Amenities Recessed Lighting
Fireplace Features Living Room
Total Stories 0
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 4
Total Baths 3
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ExteriorParking Features Door-Multi Driveway Garage
Total Parking 6
Lot Size Area 8389
Number of Buildings 1
Building Area Total 2744
Lot Size Acres 0.1926
Private Pool false
Lot Size Source Assessor
Door Features Sliding Doors
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* Excluded FeaturesList Bybogarirealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,360
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,940,393
Percent of Sale Price 29%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/19/2026 | $1,500,000 | -10.18% | Price Down |
| 5/31/2026 | $1,670,000 | | Listed Price |