$1,350,000
-$28,0001440 Tremont, Los Angeles CA 90033
Multi-Family (7 Units)
Property type
219 days
On market
$279
Price per sqft
0 cars
Garage
1965
Year built
7,503 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Victor Mansour DRE #01519866 310-748-5361, Coldwell Banker Realty
Listing updated: Jun 3, 2026 at 06:25pm.
Last checked: Jun 3, 2026 at 07:00pm
Source: CRMLS #AR25249732
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 7 | 2 | 1 | — | $8,121 | $8,121 | $14,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 7
Financial Snapshot
Gross Rent Multiplier
13.9x
List Price / Annual Gross Rent
Cap Rate
6.03%
NOI / List Price
Gross Scheduled Income: $97,451
Operating Expense: $16,004
Net Operating Income: $81,447
Annual Operating Expenses
Electric: $463
Gardener: $200
Fuel: $1,200
Insurance: $3,428
Maintenance: $2,323
Professional Management: $450
Trash: $1,000
Water / Sewer: $6,100
Interior
Laundry: Common Area
Entry Location: Side
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Uncovered Spaces: 6
Carport Spaces: 2
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5202012018
Additional Parcels: No
Tax Lot: 6
Tax Block: 9
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1440 Tremont, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,080,000
Total Interest
$1,377,480
Total Payment
$2,457,480
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,383
per month
Property History for 1440 Tremont
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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