1185 S Tremaine Avenue, Los Angeles, California, United States, 90019

1,500,000
for Sale
8,389

About the property:

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.
Property Type:
Multi-Family Home
Status:
for Sale
Acres:
0.1926
Square Feet:
2744
Directions:
Corner of W 12th St & S Tremaine Ave
Is Bed:
Yes
Is Cottage:
Yes
Is Land:
Yes
Is Landscaping:
Yes
Is Laundry:
Yes
Is Multi Family:
Yes
Is Parking:
Yes
Is Pub:
Yes
Is Unit:
Yes
Listing ID:
26840829

Rooms

Dimensions

Brokered by:
Bogari Agency
Presented By:

Jane Smith

Sales Representative

InCom Demo Office