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1312 N Citrus Ave
Los Angeles, CA 90028
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 1312 Citrus Ave is a 5,918 square foot value-add investment opportunity in Hollywood, located just west of Highland Ave
- Prime Central Hollywood location – walking distance to Sunset Boulevard’s newest eateries, craft bars and specialty shops
- There are seven parking spaces and soft story retrofit work has been completed; additionally the building has a gated front entrance
- A desirable unit mix made up of one-bedrooms and two bedrooms, the majority leased at below market rents and +50% upside achievable as units turn
- All units feature new windows, and four of the seven units have air conditioning
- On-site laundry facilities - washer and dryer - providing additional monthly income
Property Facts
| No. Units | 8 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 7,920 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.88/1,000 SF |
| Zoning | R3-1XL | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,920 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | R3-1XL |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,275 | - |
| 2+2 | 3 | $1,295 | - |
Property Taxes
| Parcel Number | 5548-024-028 | Improvements Assessment | $1,061,208 |
| Land Assessment | $1,114,268 | Total Assessment | $2,175,476 |
Property Taxes
Parcel Number
5548-024-028
Land Assessment
$1,114,268
Improvements Assessment
$1,061,208
Total Assessment
$2,175,476
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