1296 S Citrus Ave, Los Angeles CA, 90019

Active

1296 S Citrus Ave

Los Angeles CA, 90019

$1,699,000

$312.43 per sqft

Active

6 Beds

6 Baths

5,438 sqft

Multi-family

Built in 1927

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.

24-468821

MLSⓇ ID

December 3, 2024

Listed

December 11, 2024

Updated

Map

1296 S Citrus Ave
Los Angeles CA, 90019

Interior Features

Total Stories: 0
Bedrooms: 6
Total Bathrooms: 6
Appliances: Range/Oven
Fireplace: No
Cooling: Yes
Cooling Description: Wall Unit(s)
Heating: Yes
Heating Description: Wall

Exterior/Building Features

Lot Size: 0.16 Acres

Other Property Details

Area Name: Hancock Park-Wilshire
Days on Market: 8
Garage: Yes
Parking: Carport, Garage Is Detached
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Zoning: LAR3

Listed by Benjamin Lalezari with Realty Investment Advisors, Inc.
Listing Contact: 818-448-2262

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nanci Isaacs | CA DRE# 01940161 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 12/11/2024