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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
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

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

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