Active
1292 S Citrus Ave
Los Angeles CA, 90019
$1,750,000
$405.09 per sqft
Active
4 Beds
4 Baths
4,320 sqft
Multi-family
Built in 1924
Discover an exceptional investment opportunity in the heart of the coveted Mid-Wilshire submarket with this rare four-unit property, each offering oversized one-bedroom apartments that average approximately 1,000 square feet. Two of the units will be delivered vacant at close, presenting immediate rental upside potential. The units have been tastefully renovated to combine modern amenities with classic charm, featuring in-unit washers and dryers for added convenience.Situated on a generous 6,000 square foot lot, the property offers ample parking and boasts significant potential for future development. The location is unbeatable-within walking distance to the Midtown Shopping Center, Sprouts, Starbucks, and other local amenities-making it highly desirable for tenants seeking both comfort and convenience.This property represents a prime investment opportunity in one of Los Angeles' most vibrant neighborhoods, offering both immediate income potential and long-term growth possibilities. Don't miss your chance to own a piece of Mid-Wilshire's thriving real estate market.
24-435504
MLSⓇ ID
September 4, 2024
Listed
September 13, 2024
Updated
Map
1292 S Citrus Ave
Los Angeles CA, 90019
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Appliances
Dryer, Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
Hancock Park-Wilshire
Days on Market
8
Garage
No
Parking
Tandem, Uncovered
Parking Total
4
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Benjamin Lalezari with Realty Investment Advisors, Inc.
Listing Contact: 818-448-2262
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