$ 1,750,000
1292 1/2 S Citrus AVE Los Angeles, CA 90019
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$ 1,750,000
Est. payment /mo
Active
1292 1/2 S Citrus AVE Los Angeles, CA 90019
4 Beds
4 Baths
4,320 SqFt
UPDATED:
09/30/2024 06:04 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $405
MLS Listing ID 24435504
Bedrooms 4
HOA Y/N No
Year Built 1924
Lot Size 6,002 Sqft
Acres 0.1378
Property Description
Discover an exceptional investment opportunity in the heart of the coveted Mid-Wilshire submarket with this rare four-unit property, each offering oversized one-bedroom apartments that average approximately 1,000 square feet. Two of the units will be delivered vacant at close, presenting immediate rental upside potential. The units have been tastefully renovated to combine modern amenities with classic charm, featuring in-unit washers and dryers for added convenience.Situated on a generous 6,000 square foot lot, the property offers ample parking and boasts significant potential for future development. The location is unbeatable-within walking distance to the Midtown Shopping Center, Sprouts, Starbucks, and other local amenities-making it highly desirable for tenants seeking both comfort and convenience.This property represents a prime investment opportunity in one of Los Angeles' most vibrant neighborhoods, offering both immediate income potential and long-term growth possibilities. Don't miss your chance to own a piece of Mid-Wilshire's thriving real estate market.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Garage Garage, Tandem, Uncovered
Parking Type Garage, Tandem, Uncovered
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5084026023
Special Listing Condition Standard
Listed by Benjamin Lalezari • Realty Investment Advisors, Inc.