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$2,400,000   Price Analysis
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1155 S Tremaine Ave
Los Angeles, CA 90019
7 bed 4 bath 3,862 SqFt ($621/SqFt)
6,490SqFt lot. Built 1924
Listed 2024-02-15, Taxes $18,292
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

UPSTAIRS UNIT (4+2)

WILL BE VACANT AS OF 7/1 CBRE s 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 cond itioning. Common areas boast original architecture, pretty landscaping, parking and upgraded electrical and plumbing systems. A perfect blend of vintage charm and modern convenience.


Presented by John Boyett at
CBRE.


Property MLS #24-354009 from TheMLSCLAW

Bedrooms: 7

Total Bathrooms: 4
Full Bathrooms: 4

Lot Size Acres: 0.1489899
Lot Size Dimensions: 40x148
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6490

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 3
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 2, 1 SquareFeet: 6600, 2 BedsTotal: 3, 2 BathsTotal: 2, 2 SquareFeet: 5500, 3 BathsTotal: 1, 3 SquareFeet: 2200

Source Listing Status: Active
County: Los Angeles
Directions: Between W 12th Street and Edgewood Place
Source Property Type: Residential Income
Area: Hancock Park-Wilshire
Source Neighborhood: Hancock Park-Wilshire
Parcel Number: 5083-006-011
Postal Code Plus 4: 1721
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$453,010 + $1,075,901
$1,528,911
$18,292
2021$444,128 + $1,054,805
$1,498,933
$18,055
2020$439,575 + $1,043,990
$1,483,565
$18,240
2019$430,956 + $1,023,520
$1,454,476
$17,515
2018$422,506 + $1,003,451
$1,425,957
$17,425
2017$414,222 + $983,776
$1,397,998
$17,048
2016$406,100 + $964,487
$1,370,587
$16,647
2015$400,000 + $950,000
$1,350,000
$16,404
2014$228,021 + $354,441
$582,462
$7,429
2013$226,991 + $352,840
$579,831
$7,423
2012$222,541 + $345,922
$568,463
$7,523
2010$218,178 + $339,140
$557,318
$7,379
2009$217,063 + $337,406
$554,469
$7,097
2009$216,548 + $336,606
$553,154
$7,097
2008$212,807 + $330,791
$543,598
$6,798
2007$208,635 + $324,305
$532,940
$6,565

Listed 2024-02-15
$2,400,000
TheMLSCLAW
Listing removed 2023-06-20
$0
TheMLSCLAW
Relisted 2023-04-12
$2,550,000
TheMLSCLAW
Listing removed 2023-03-14
$0
TheMLSCLAW
Listing removed 2019-09-26
$0
AppfolioUnits
Listing removed 2019-09-25
$0
TheMLSCLAW
Listed for rent 2019-09-16
$5,300
TheMLSCLAW
Listed for rent 2019-09-08
$5,300
AppfolioUnits
Sold 2014-10-03
$1,350,000
TheMLSCLAW
Relisted 2014-09-25
$1,395,000
TheMLSCLAW
Listing removed 2014-09-02
$1,395,000
TheMLSCLAW
Price Changed 2014-07-15
$1,395,000
TheMLSCLAW
Listed 2014-05-29
$1,499,000
TheMLSCLAW
Sold 2001-07-27
$549,000
ITECH
Listed 2001-05-25
$549,000
ITECH

Net Operating Income: 98689

Total Square Feet Living: 3862
Year Built: 1924
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 100
Year Built Source: Vendor Enhanced

Los Angeles Senior High School is a public high school located approximately 0.4 miles away.
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Wilshire Crest Elementary School is a public elementary school located approximately 0.4 miles away.
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John Burroughs Middle School is a public middle school located approximately 0.7 miles away.
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Q'aress Young Scholars Academy is a private high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.