Property Detail

1361 Tremaine

Los Angeles CA 90019

$2,498,000

Status: Active

Property Details

Description

1930s GRAND VILLA SPANISH TROPHY TRIPLEX COMPOUND. Upper level owner's 3 Bed unit will be delivered vacant, presenting an exceptional opportunity for an owner-user or investor. Rare opportunity to own a character-rich Spanish compound in coveted Longwood Highlands with a projected CAP rate of over 5%, blending timeless architecture with thoughtful modern upgrades. The front duplex features two expansive 3-bedroom, 2-bath residences with oversized rooms, abundant natural light, and refined period details throughout. The rear 2-bedroom, 1-bath unit sits privately above the 4-car garage, offering separation and flexibility. Set behind a perimeter wall with an electronic gated driveway , this compound delivers privacy, security, views from the upper units and exceptional curb appeal. A private hedged front yard with mature, lush landscaping and intercom system welcomes you into a beautifully maintained courtyard setting with classic wrought iron detailing. High-end improvements include solid slab Italian marble wainscots, tile floors and countertops, designer fixtures, refurbished period lighting and energy-efficient systems. Major infrastructure upgrades include updated plumbing, electrical, and sewer lines. Additional features include beautiful oak hardwood floors, A/C, individual gas and electric meters, common area lighting as well as an abundance of off-street parking. The extra-large lot includes strong in-place rents, creating an attractive income profile with long-term upside potential. A rare blend of scale, character, privacy, and income in one of the area's most desirable neighborhoods.

Map Location

Listing provided courtesy of Jennifer Stein of Keller Williams Realty Santa Barbara. Last updated 2026-05-10 08:11:01.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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