Price Reduced Listing
$1,500,000
 $8,052 est/mo Sourced by Back At You

1185 S Tremaine Avenue,Los Angeles, CA 90019

Los Angeles, CA 90019

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Description

HUGE PRICE REDUCTION TO SELL FAST! Beautifully remodeled property in the highly desirable Hancock Park neighborhood, situated on an expansive 8,389 SF R2 corner lot and featuring three charming one-story detached cottages, each with its own private backyard, separate gas and electric meters, individual garage, and laundry room. The front vacant 2-bedroom, 1-bath cottage and rear vacant 1-bedroom, 1-bath cottage have been extensively remodeled with new appliances, recessed lighting, upgraded electrical, new water heaters, new water and sewer lines, split A/C systems, and new landscaping with automatic sprinklers. Projected rents are $4,500 and $3,700 per month, respectively. The middle 1-bedroom cottage is occupied by a long-term tenant at $1,318.40 per month, with a scheduled 3% increase to $1,357.95 effective October 1, 2026. Excellent off-street parking and a rare opportunity for owner-users, investors, or future development. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, development potential, and public records. Photos shown are of the remodeled vacant units only.

Details

MLS #26840829
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1923
Days On Site84
Listing Provided ByBogari Agency | Faye Bogari

Features

Bed(s)4
Bath(s)3
SQ Feet2,744
Garage3
Story(s)1
Units3
Building(s)1
ZoningLAR2
Acreage0.19

Interior

HeatingFireplaces
Heating Yes / NoYes
Interior FeaturesRecessed Lighting
AppliancesDishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator, Dryer, Washer
Fireplace Yes / NoYes

Exterior

Security FeaturesCarbon Monoxide Detectors, Smoke Detectors

Parking

Parking FeaturesDoor Multi, Driveway, Garage
Garage Yes / NoYes

Utilities

SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90019
AreaC18 Hancock Park Wilshire
Listing VS Median (in 90019)
Price:
$1,500,000
low | high
Med:
$1,725,000
35% of Average
sqft:
2,744
low | high
Med:
3,586
19.314868804665% of Average
$ / sqft:
$547
low | high
Med:
$481
62.002230897936% of Average
On site:
84
low | high
Med:
54
100% of Average
Sourced by Back At You

Market Activity 90019

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90019
AreaC18 Hancock Park Wilshire
Listing VS Median (in 90019)
Price:
$1,500,000
low | high
Med:
$1,725,000
35% of Average
sqft:
2,744
low | high
Med:
3,586
19.314868804665% of Average
$ / sqft:
$547
low | high
Med:
$481
62.002230897936% of Average
On site:
84
low | high
Med:
54
100% of Average
Sourced by Back At You
Listing Updated: August 23, 2026 at 9:19:15 AM PDT