1440 Tremont, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This 7-unit multifamily asset represents a High-Potential Investment Opportunity listed at $1,380,000, aligning with its $1,380,000 Fair Market Value. While the property currently holds a Fair Condition Rating and requires interior modernization to maximize ROI, the completed soft-story retrofit and dedicated tenant parking significantly mitigate future capital expenditures. Situated in a high-demand rental corridor near USC and Exposition Park, the building offers exceptional stability and long-term appreciation potential. This income-producing property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a strategic foothold in Boyle Heights.
Property is extensive renovation needed.
Built in 1965, the property's exterior shows significant age with cracked concrete and dated stucco. While a soft-story retrofit has been completed, addressing structural integrity, there are no interior images provided. The listing's 'weakness' analysis explicitly states that the property 'may require ongoing maintenance or interior unit renovations to meet modern tenant expectations.' This, combined with the age and lack of visible updates, strongly suggests that the kitchens, bathrooms, and other interior components are likely very dated, potentially original, and would require substantial renovation and rehabilitation to meet current standards and tenant expectations.
The property's proximity to USC, Exposition Park, BMO Stadium, LA Memorial Coliseum, and the California Science Center ensures a consistent and robust tenant pool of students and professionals.
Easy access to the 10 and 110 freeways, along with nearby Metro E and J Lines, provides strong connectivity across Los Angeles, a key factor for tenant appeal.
As a seven-unit multifamily property with a proven leasing history and continued rent growth in the area, it offers a diversified and reliable income stream for investors.
Multiple significant price reductions from the original list price ($1.58M to $1.388M) suggest initial overpricing or challenges in attracting buyers, potentially indicating a disconnect with current market value.
Built in 1965, the property may require ongoing maintenance or interior unit renovations to meet modern tenant expectations and maximize rental income, despite the soft-story retrofit.
While described as a multifamily property, the 'Mixed Use' sub-type could lead to confusion for potential buyers or lenders regarding zoning, financing, or potential future use, requiring clarification.
An excellent income opportunity near USC and Exposition Park, this seven-unit multifamily property on Tremont Street offers both stability and upside in one of Los Angeles’s most consistently leased areas. The building features seven two-bedroom, one-bath units, each with dedicated parking, providing reliable functionality and tenant appeal. Located just minutes from the University of Southern California, BMO Stadium, the LA Memorial Coliseum, and the California Science Center, the property benefits from steady rental demand from students and professionals alike. Easy access to the 10 and 110 freeways and nearby Metro E and J Lines supports strong connectivity across the region. With a completed soft-story retrofit, proven leasing history, and continued rent growth in the surrounding area, this asset represents a well-positioned, income-producing investment in a central Los Angeles location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1965 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 3, 2026
$1,378,000
$1,380,000
+0% Price Increase
Initial Listing
Mar 19, 2026
$1,380,000
$1,385,500
+0% Price Increase
Initial Listing
Mar 2, 2026
$1,385,500
$1,388,000
+0% Price Increase
Initial Listing
Feb 6, 2026
$1,388,000
$1,488,000
-7% Price Drop
Initial Listing
Feb 4, 2026
$1,488,000
$1,493,000
+0% Price Increase
Initial Listing
Jan 8, 2026
$1,493,000
$1,498,000
+0% Price Increase
Initial Listing
Dec 3, 2025
$1,498,000
$1,580,000
-5% Price Drop
Initial Listing
Oct 29, 2025
$1,580,000
Initial Listing
Oct 2, 2023
$1,300,000
Public Record
Jan 23, 2019
$1,000,000
Public Record