Active

1268 S Citrus AVE

LOS ANGELES CA, 90019

$2,350,000


$704.44 per sqft

Active

8 Beds

4 Baths

3,336 sqft

Multi-family

Built in 1924

5.06% CAP RATE with super low expenses ! Fully renovated 4 unit in heart location in Mind wilshier, Los Angeles ! Newer double pain windows, newer sewer line , all units comes with 2 bed 1 full bath room , fully remodeled kitchen , flooring, mini split units for Ac and heating, upgraded electrical panel for all 4 units, 4 saparate gas meters, each units come with the own laundry (owner owns washer and dryers) , pleanty of parking spots. 1 units just vacated, 1 unit moving out Oct, 2024, 1 unit contract expires 12/31/24 , last units in on month to month. Each unit can be rented at $3,250 - $3,350 Upstairs unit has a balcony , downstair unit has 2 separate access (Facing to street and from the back parking lot) Super low Expense : Insurance $3, 216 (per yr) + Trash $3,180 ($265 per month) + water $2,600 ($445 every 2 month) + Gardening $1,560 ( $130 per month) + no management cost = $10,556 per yr Property Tax $23,183.56 Total Expense : $33,739.56 (Approx 22% of GSI) GSI : $12,700 Rent per month $152,400 NOI : $118,660.44 Please request your OM today and check video link ->> https://vimeo.com/1000595132

PW24177425MR

MLS ID

August 26, 2024

Listed

September 13, 2024

Updated

Map

1268 S Citrus AVE
LOS ANGELES CA, 90019

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Hancock Park-Wilshire


Days on Market

8


Garage

No


Parking

Assigned


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listed by Tae Woo Kim with Circa Properties, Inc.
Listing Contact: 213-268-4384 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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