1155 South Tremaine Avenue

Los Angeles, CA 90019

$2,400,000
Price
7
Beds
4
Baths
3,862 Sq. Ft.
$621 / Sq. Ft.
3,862
Sq. Ft.
$621
per Sq. Ft.

Description

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,...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.
  1. Listed by John Boyett • DRE #02056759 • Brokerage DRE #00868409 • CBRE

Property Details for 1155 South Tremaine Avenue

Zoning
LAR2
Parcel Number
5083006011
Total Units
3.0
Living Area
3862
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire
Vacancy Rate
0
Lot Size Area
6490

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759
Add your commute
LISTING UPDATED: 03/11/2024 12:45 PM

Property Details for 1155 South Tremaine Avenue

StatusActive
MLS #24-354009
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.15 AC / 6,490 SF
CountyLos Angeles County

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759
Add your commute

Building Information for 1155 South Tremaine Avenue

Stories-Residences-Year Built1924Building Size-Lot Size0.15 AC / 6,490 SF

Payment Calculator

$14,696 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$1,598

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1155 South Tremaine Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Dwellings
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $142,550
  • Net Operating Income: $98,689.00
  • Gross Income: $142,550
  • Gross Rent Multiplier: $16.34
  • Total Annual Expense: 43861
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.149
  • Lot Size Square Feet: 6490
  • Lot Size Dimensions: 40x148
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,200.00
  • Unit Actual Rent: $6,200.00
  • Unit Projected Rent: $6,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,094.00
  • Unit Actual Rent: $4,094.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $462,070.00
  • Assessed Improvement Percent: 29.63
  • Assessed Land Value: $1,097,419.00
  • Assessed Land Percent: 70.37
  • Assessed Total Value: $1,559,489.00

Property History for 1155 South Tremaine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1155 South Tremaine Avenue

Taxable ValueLand$1,097,419Additions$462,070Total$1,559,489
Tax Record2023$19,180 ($1,598 / month)
Home Facts
Total Finished SqFt3,862 SqFtAbove Grade Finished SqFt3,862 SqFtLot Size6,490 SqFtStyleDuplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5083-006-011

Schools near 1155 South Tremaine Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Wilshire Crest Elementary School
PublicK to 5

Los Angeles Senior High School
Public9 to 12

City Language Immersion Charter (CLIC)
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1155 South Tremaine Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on January 29, 2024 by CBRE, it's currently listed at $2,400,000. It has been on the market for a total of 92 days and was last sold on August 22, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Wilshire Crest Elementary School, Girls Academic Leadership Academy, Dr. Michelle King School For Sci, Tech, Eng And Math and Los Angeles Senior High School. 1155 South Tremaine Avenue is a 7-bed, 4-bath, 3,862 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, John Boyett, DRE #02056759

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.