1618 Tremont Street
1618 Tremont Street
$750,000
5
4
2,212
2,212
$339
Sold 11/9/23
Virtual Tour
Description
Massive reduction for fast sale. Sold as-is 3D Tour: bit.ly/1618-Tremont & bit.ly/1620-Tremont | Unbelievable opportunity to own this fully remodeled triplex with an additional ADU along with the ability to build out 2 additional units! With an already excellent cap rate, adding additional units will produce a significantly large upside! Each home has been completely renovated inside and out including the plumbing, electrical, and roof! The lot contains (3) separate structures with 1620 Tremont sitting...Massive reduction for fast sale. Sold as-is 3D Tour: bit.ly/1618-Tremont & bit.ly/1620-Tremont | Unbelievable opportunity to own this fully remodeled triplex with an additional ADU along with the ability to build out 2 additional units! With an already excellent cap rate, adding additional units will produce a significantly large upside! Each home has been completely renovated inside and out including the plumbing, electrical, and roof! The lot contains (3) separate structures with 1620 Tremont sitting on the left side of the driveway featuring a standalone home with 2 beds, 1 bath, and around 528 sqft (tenant occupied). On the right side of the driveway sits 1618 Tremont, also a standalone house offering 2 beds, 1 bath, with approximately 720 sqft (tenant occupied). The last structure situated in the back of the lot is divided into (2) different homes: the right side showcasing an updated vacant 1 bed, 1 bath, approximately 470 sqft home, while the left side features a newly upgraded ADU studio with 1 bath and around 490 sqft (pending final city approval / plans attached in listing). Situated at the center of several in demand areas such as USC Keck Medical, Cal State LA, and Lincoln Park, expect a constant stream of qualified renters especially as LA prepares for the 2026 World Cup and 2028 Summer Olympics.
- Listed by Jonathan Yuen • DRE #01952091 • Brokerage DRE #01834648 • Iota Realty
Property Details for 1618 Tremont Street
Zoning
LARD1.5
Parcel Number5202018008
Total Units4.0
Living Area2212
Source Living AreaPlans
AreaBoyle Heights (BOYH)
Vacancy Rate50
Lot Size Area7496
Location
LISTING UPDATED: 11/10/2023 01:46 PM
Property Details for 1618 Tremont Street
Status | Sold |
---|---|
MLS # | 23-245917 |
Days on Market | 211 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1926 |
Lot Size | 0.17 AC / 7,496 SF |
County | Los Angeles County |
Location
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Building Information for 1618 Tremont Street
Stories1Residences-Year Built1926Building Size-Lot Size0.17 AC / 7,496 SF
Payment Calculator
$4,645 per month
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Property Information for 1618 Tremont Street
Property History for 1618 Tremont Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1618 Tremont Street
Taxable ValueLand$283,060Additions$231,595Total$514,655
Tax Record2023$6,627 ($552 / month)
Home Facts
Total Finished SqFt1,677 SqFtAbove Grade Finished SqFt1,677 SqFtLot Size7,496 SqFtStyleTriplexZoningLARD1.5CountyLOS ANGELESAPN5202-018-008
Schools near 1618 Tremont Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Murchison Street Elementary School PublicK to 6 | ||
Excel Charter Academy Charter6 to 8 | ||
Woodrow Wilson Senior High School Public9 to 12 | ||
Abraham Lincoln Senior High School Public9 to 12 |
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.
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