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

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