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1361 S Tremaine AvenueLos Angeles, CA 90019

For Sale

$2,595,000

Smart Buyer Rebate $25,950

1930s GRAND VILLA SPANISH TROPHY TRIPLEX COMPOUND. Rare opportunity to own a character-rich Spanish compound in coveted Longwood Highlands with a CAP rate of 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. Upper level owner's 3 Bed unit will be delivered vacant, presenting an exceptional opportunity for an owner-user or investor. A rare blend of scale, character, privacy, and income in one of the area's most desirable neighborhoods.

Listed by Jennifer Stein

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License #01786020

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Keller Williams Realty Santa Barbara

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805-319-5866

Listed by Deborah Wolsh

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License #01903673

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Keller Williams Realty Santa Barbara

Last updated March 12, 2026

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Source: CRMLS #26638509

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid - Wilshire
  • Bedrooms8
  • Days on Prevu32
  • Size4,276 sqft
  • Price per sqft$607

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

03/13/2026
Price Decreased
$2,595,000
02/12/2026
Listed by Keller Williams Realty Santa Barbara
$2,795,000

Property Details for 1361 S Tremaine Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1930
  • Architectural Style: Spanish

Features

  • View: City Lights

Measurements

  • Building Area Total: 4,276
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,619
  • Lot Size Square Feet: 8,619
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.0
  • Gross Income: $184,800.00

Taxes

  • Parcel Number: 5083021016

Interior

Features

  • Appliances: Dishwasher
  • Flooring: Wood

Measurements

  • Living Area: 4,276

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Uncovered
  • Parking Total: 6

Utilities

Equipment

  • Laundry Features: Laundry Room

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 1361 S Tremaine Avenue.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 1361 S Tremaine Avenue.

How does 1361 S Tremaine Avenue compare to other multi-family homes in Mid - Wilshire?

This multi-family home is listed 21% above the average price for multi-family homes in Mid - Wilshire and has been on the market for 57 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,276 sqft.

1361 S Tremaine Avenue is a 8-bedroom multi-family home for sale in Los Angeles CA 90019. Available on Prevu for 32 days at $2,595,000. This includes a recent price decrease of $200,000. This residence features 4,276 square feet of living space, located in Mid - Wilshire. The median listing price for multi-family homes in this area is $1,845,000. The home offers dishwasher and parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.