Homes for sale - 1268 S Citrus AVE, Los Angeles, CA 90019

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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 2,269,000

Est. payment | -/mo

8 Beds

4 Baths

3,336 SqFt

Save

$ 2,269,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,336 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,336 sqft

Price per Sqft $680

MLS Listing ID 25517493

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1924

Lot Size 6,002 Sqft

Property Description

Strategically located south of Olympic Blvd and west of Rimpau Blvd, this fully renovated Spanish-style quadruplex in the heart of Mid-Wilshire presents an unbeatable investment opportunity with a 5% CAP rate and 14.8 GRM, featuring four 2-bedroom, 1-bath units, each thoughtfully upgraded with sleek quartz countertops, high-end stainless steel appliances, stylish flooring, in-unit laundry with owner-owned washers and dryers, newer double-pane windows, and upgraded electrical panels, while offering four designated parking spaces, separate gas meters, and newly installed sewer and electrical systems; the property has undergone seismic retrofit improvements, and each unit is equipped with a tankless water heater and separately metered gas and electricity, ensuring modern convenience, energy efficiency, and long-term value; additionally, with strong value-add potential and a prime location attracting tenants priced out of Miracle Mile to the north and Culver City to the west, this property presents a rare and lucrative investment opportunity in one of Los Angeles' most sought-after rental markets. This is the ideal situation for an owner or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned

Pool None

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5084026017

Financing Conventional

Special Listing Condition Standard

Listed by 'Amy'Mi Soon Kim • Hanbada Realty Inc.

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

1268 S Citrus AVE Los Angeles, CA 90019