1185 S Tremaine Ave, Los Angeles, CA, 90019
About This Home
Stunning fully remodeled triplex located in the highly desirable Hancock Park neighborhood, set on an expansive 8,389 square foot corner lot. Zoning is R2 per assessor.The front two bedroom one bath unit and the rear one bedroom unit have been completely remodeled throughout, including brand new appliances, recessed lighting, upgraded electrical systems, new water heaters, new water and sewer lines, new split air conditioning systems, and newly designed landscaping with an automatic sprinkler system.The two vacant remodeled units offer exceptional flexibility for both owner users and investors. They were delivered vacant through cash for keys agreements and therefore have no rental restrictions. The future owner may rent these units at market rate. Once new leases are established, rent control will apply and future annual increases will be limited in accordance with local rent control regulations.The middle unit is currently occupied by a long term tenant paying $1,318.40 per month, providing immediate income. Showing of the occupied unit will be subject to an accepted offer.All units are charming standalone cottages, each with its own private outdoor space. The front vacant two bedroom unit features a beautifully landscaped front yard, a generous balcony overlooking the yard, and a spacious side yard with direct access to the garage. The middle occupied unit enjoys a large backyard with mature citrus trees and inviting landscaping. The rear remodeled vacant unit offers abundant natural light and a large private backyard with a deck, creating an ideal indoor-outdoor living experience. Additional highlights include a free-standing three-car garage, highly desirable off-street parking, individual laundry rooms, and separate gas and electric meters for each unit. With strong rental demand in the area, this property presents a rare opportunity for owner-occupancy, immediate income, and long-term value appreciation or future development potential. Soil and survey reports from 2022 are available upon request. Buyer to conduct their own due diligence regarding permits, zoning, and public records. Photos shown are of the remodeled vacant units only.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1923
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Oven,Microwave,Range,Dishwasher,Dryer,Disposal,Range/Oven,Refrigerator,Washer,Water Heater Unit
- Laundry features: Inside,Laundry Area
Bathroom
- Features: Remodeled,Shower and Tub
Bedroom
- Features: Walk-In Closet(s)
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Recessed Lighting,Turnkey
- Door features: Sliding Doors,Mirrored Closet Door(s)
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace(s),Wall Electric
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 2,744
- Total interior livable area: 2,744 sqft
Kitchen
- Features: Counter Top,Pantry,Remodeled
Property
Details
- Parcel number: 5083006017
- Zoning: LAR2
- Special condition: Standard
Features
- Levels: One
- Pool features: None
- Patio & porch: Deck
- Exterior features: Balcony
Lot
- Lot size: 8,389 sqft
Parking
- Total spaces: 6
- Parking features: Driveway,Garage - 3 Car
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,444 | $101,328 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $1,693 | $20,316 |
| Electricity | $588 | $7,060 |
| Total | $11,039 | $132,468 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $1,799,000 |
| 2026-03-13 | Price change | $1,900,000 |
| 2026-02-05 | Listed for sale | $2,000,000 |
| 2025-09-04 | Listing removed | $1,700,000 |
| 2025-09-02 | Listed for sale | $1,700,000 |
| 2023-06-04 | Listing removed | -- |
| 2023-03-28 | Listed for sale | $1,499,999 |
| 2023-03-28 | Listing removed | -- |
| 2022-11-17 | Listed for sale | $1,699,000 |
| 2022-02-02 | Sold | $1,252,000 |
| 2022-01-09 | Pending sale | $1,499,000 |
| 2021-12-05 | Contingent | $1,499,000 |
| 2021-10-21 | Listed for sale | $1,499,000 |
| 2020-09-13 | Listing removed | $1,590,000 |
| 2020-06-30 | Price change | $1,590,000 |
| 2020-04-14 | Price change | $1,599,000 |
| 2020-03-16 | Listed for sale | $1,674,999 |
| 2020-02-14 | Listing removed | $1,780,000 |
| 2019-08-29 | Listed for sale | $1,780,000 |
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