Los Angeles, CA 90019,1268 S Citrus Ave
Los Angeles, CA 90019,1268 S Citrus Ave
Los Angeles, CA 90019,1268 S Citrus Ave
26
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$2,269,000
Est. payment /mo
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8 Beds
4 Baths
3,336 SqFt
Active

1268 S Citrus Ave Los Angeles, CA 90019

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,336 sqft

Price per Sqft $680

MLS Listing ID 25517493

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1924

Lot Size 6,001 Sqft

Acres 0.1378

Property Sub-Type Multi-Family

Property Description

Strategically located south of Olympic Blvd and west of Rimpau Blvd, this fully renovated Spanish-style quadruplex in the heart of Mid-Wilshire presents an unbeatable investment opportunity with a 5% CAP rate and 14.8 GRM, featuring four 2-bedroom, 1-bath units, each thoughtfully upgraded with sleek quartz countertops, high-end stainless steel appliances, stylish flooring, in-unit laundry with owner-owned washers and dryers, newer double-pane windows, and upgraded electrical panels, while offering four designated parking spaces, separate gas meters, and newly installed sewer and electrical systems; the property has undergone seismic retrofit improvements, and each unit is equipped with a tankless water heater and separately metered gas and electricity, ensuring modern convenience, energy efficiency, and long-term value; additionally, with strong value-add potential and a prime location attracting tenants priced out of Miracle Mile to the north and Culver City to the west, this property presents a rare and lucrative investment opportunity in one of Los Angeles' most sought-after rental markets. This is the ideal situation for an owner or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning, Wall Unit(s)

Flooring Laminate

Equipment Dishwasher, Dryer, Refrigerator, Range/Oven, Washer

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 4.0

Pool None

Roof Type Flat

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Hanbada Realty Inc.

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agent

Herman Singh

Broker

+1(718) 679-7822

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1268 S Citrus Ave