1268 S Citrus Avenue Active

Los Angeles,CA 90019

$ 2269000

8 Beds

0 Bath

3336 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,336 sqft

Price per Sqft $680

MLS Listing ID CL25517493

Bedrooms 8

HOA Y/N No

Year Built 1924

Lot Size 6,001 Sqft

Acres 0.14

Property Sub-Type OTHER

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

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Laundry Dryer,Washer

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5084026017

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