1268 S Citrus Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Sub 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
Year Built 1924
Lot Size 6,001 Sqft
Acres 0.1378
Property Sub-Type Multi-Family
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 Hancock Park-Wilshire
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Air Conditioning, Wall Unit(s)
Flooring Laminate
Equipment Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
Laundry In Unit
Exterior
Parking Features Assigned
Garage Spaces 4.0
Pool None
Roof Type Flat
Building
Story 2
Level or Stories Two
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard