1296 S Citrus Avenue, Los Angeles, CA 90019
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Listed Price :
$1,699,000
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Beds :
6
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Baths :
6
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Property Size :
5,438 sqft
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Year Built :
1927
Property Description
We are proud to present 1296 South Citrus Avenue, a prime 6-unit investment opportunity in the highly desirable Mid-Wilshire submarket! Situated on a spacious 7,052 sq. ft. corner lot, the property features six generously sized 1-bedroom, 1-bathroom units, each equipped with in-unit washers and dryers. This property offers an assumable loan of approximately $720,000 at a competitive 3.94% interest rate, fixed through November 2026. Adding further value, the property includes approved plans for a 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU), with an estimated rental potential of $4,000 per month. Buyer must accommodate for the seller's 1031 exchange.
Interior Features
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
6 |
Listing Information
| Address |
1296 S Citrus Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90019 |
| County |
Los Angeles |
| Listing Agent |
Benjamin Lalezari DRE #01987941 |
| Co-Listing Agent |
Benjamin J. Hsiang DRE #01438644 |
| Courtesy Of |
Realty Investment Advisors, Inc. |
| List Price |
$1,699,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,438 |
| Lot Size |
7,049 |
| Year Built |
1927 |
Listing information courtesy of: Benjamin Lalezari, Benjamin J. Hsiang, Realty Investment Advisors, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2024 at 7:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
