1292 South Citrus Avenue Los Angeles, CA $ 1,750,000
1292 South Citrus Avenue
$ 1,750,000
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1292 South Citrus Avenue

Los Angeles, CA, 90019
$ 1,750,000
Baths0.0 Sq 4,320

Monthly Estimate*

$ 10,481

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,750,000. This 4,320 square foot home was built in 1924 on a lot size of 0.14.

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.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024435504

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAR3
Year Built 1924
Levels Two
County Los Angeles
Net Operating Income 86296.0
New Construction No
Property Type C
Home Owner Assoc No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area HPK - Hancock Park
Lot Size Units Square Feet
Lot Size Square Feet 6002.0
Standard Status Active
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Uncovered Tandem Garage
Lot Size Area 6002.0
Building Area Total 4320.0
Lot Size Acres 0.14
Land Lease Type Fee
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* Excluded Features
List By
Benjamin Lalezari

Listing Agent

Realty Investment Advisors, Inc.

Broker

Affordability Calculator

$10,481
Per Month
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Monthly Principal & Interest
$10,481
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2024$1,750,000 Listed Price

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1292 South Citrus Avenue, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,750,000 with 4,320 sqft and a lot size of 0.14. 1292 South Citrus Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 90019 which is in Los Angeles, CA