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1618 Tremont Street
Los Angeles, CA 90033
Sold
**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.
PROPERTY INFORMATION
| MLS # | 23245917 | Lot Size | 7,496 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 799,000
Price Per SqFt: $ 361 |
DOM | 799 Days |
| Address | 1618 Tremont Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,212 Sq. Ft. |
| Postal Code | 90033 | Garage | N/A |
| County | Los Angeles | Year Built | 1926 |
| Bed / Bath | 5 / 0 | Parking | 4 |
| Built In | 1926 | Status | Closed |
| Sold Date | 2023-11-09 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Cooktop |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Laminate, Tile |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $852
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/19/2023 | Active Under Contract | $799,000 |
| 07/09/2023 | Relisted | $899,000 |
| 03/22/2023 | Listed | $1,125,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Jonathan Yuen, Iota Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
