1296 S Citrus Ave | Los Angeles, CA 90019
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This Multifamily Property is no longer advertised on LoopNet.com.
1296 S Citrus Ave
Los Angeles, CA 90019
Multifamily Property For Sale
·
7 Units

INVESTMENT HIGHLIGHTS
- Six oversized one bedroom one bath units averaging appx. 900 sf
- Individual washer and dryer in each unit
- 6 total parking spaces (4 carports and 2 garages spaces)
- Sold with approved plans to build a two-bedroom/two-bathroom ADU (est. rent $4,000/month)
- Desirable Mid-Wilshire submarket that is walkable to the Midtown Shopping Center, Sprouts, Target, and Starbucks.
- 7,052 sf corner lot development opportunity zoned R3
PROPERTY FACTS
| No. Units | 7 | Building Size | 5,438 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,438 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1927 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,573 | 855 |
| 2+2 | 1 | $3,995 | - |
PROPERTY TAXES
| Parcel Number | 5084-026-024 | Improvements Assessment | $368,963 |
| Land Assessment | $841,290 | Total Assessment | $1,210,253 |
PROPERTY TAXES
Parcel Number
5084-026-024
Land Assessment
$841,290
Improvements Assessment
$368,963
Total Assessment
$1,210,253
Listing ID: 34069210
Date on Market: 12/3/2024
Last Updated:
Address: 1296 S Citrus Ave, Los Angeles, CA 90019
The Miracle Mile Multifamily Property at 1296 S Citrus Ave, Los Angeles, CA 90019 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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