1440 Tremont, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
1440 Tremont
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 1440 Tremont, Los Angeles, California 90033 is currently available with a list price of $1,385,500. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Demand Location
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.
- Excellent Transportation Access
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.
- Stable Income-Producing Asset
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.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing Strategy
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.
- Age-Related Maintenance/Updates
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.
- Sub-Type Ambiguity
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.
About 1440 Tremont
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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1965
- Lot Size
- 7,503 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,385,500
$1,388,000
+0% Price Increase
Initial Listing
Price Change
Feb 6, 2026
$1,388,000
$1,488,000
-7% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$1,488,000
$1,493,000
+0% Price Increase
Initial Listing
Price Change
Jan 8, 2026
$1,493,000
$1,498,000
+0% Price Increase
Initial Listing
Price Change
Dec 3, 2025
$1,498,000
$1,580,000
-5% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$1,580,000
Initial Listing
Sold
Oct 2, 2023
$1,300,000
Public Record
Sold
Jan 23, 2019
$1,000,000
Public Record