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$2,099,000

Beds
5
sq ft
2,309

1233 N Citrus Ave, Los Angeles, CA 90038

1233 N Citrus Ave

Los Angeles, CA 90038

  • 7 days on market
Great Owner-User Opportunity! Nestled just off Fountain and Highland and a short distance from the Sunset Strip, Fairfax/La Brea, and the Hollywood Hills, this remarkable property is poised to attract discerning tenants with its chic Eastside ambiance, contemporary features, and superbly central location. Residents will enjoy easy access to Hollywood's prime workspaces, entertainment spots, and dining hotspots. The property features two 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit, all showcasing lively Bohemian flair. Each unit boasts thoughtfully crafted layouts, high-end appliances, sleek European-style cabinetry, quartz countertops, resilient Herringbone-patterned luxury vinyl flooring, stylish vanities, striking tile work, and matte-black fixtures in the bathrooms. All units come equipped with central A/C. The fully landscaped property also includes a charming fenced communal backyard with a classic outdoor fireplace. Notable upgrades include brand new windows, doors, roof, plumbing, sewer, and electrical systems. Additionally, each unit is separately metered for gas, water, and electricity, enhancing investment returns for astute buyers. This is a superb opportunity for owner-users seeking rental income to offset their mortgage or investors aiming to maximize depreciation while securing premium market rents. To be delivered vacant.

Details

Property type

Est. home value

$2,251,575

Property condition

Updated/Remodeled

Lot size

4,350 sq ft

Price per sq ft

$910

Year built

1929

HOA

No

Price History

09/11/2024
CLAW

CLAW #24438407

Listed
$2,099,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Elaine Bercy Ira

Loan start date

September 2022

Original loan amount

$1,820,000

Est. remaining balance

Not provided

Interest rate

4.99%

Loan type

Stand Alone Second

Seller

New Ventures Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 9:30 PM

Listing updated: 09/19/2024 at 5:09 AM

Listed by: Skyler Hynes, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24438407

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