tomo logo

$1,699,000

Beds
6
sq ft
5,438

1296 S Citrus Ave, Los Angeles, CA 90019

1296 S Citrus Ave

Los Angeles, CA 90019

  • 19 days on market
We are proud to present 1296 South Citrus Avenue, a prime 6-unit investment opportunity in the highly desirable Mid-Wilshire submarket! Situated on a spacious 7,052 sq. ft. corner lot, the property features six generously sized 1-bedroom, 1-bathroom units, each equipped with in-unit washers and dryers. This property offers an assumable loan of approximately $720,000 at a competitive 3.94% interest rate, fixed through November 2026. Adding further value, the property includes approved plans for a 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU), with an estimated rental potential of $4,000 per month. Buyer must accommodate for the seller's 1031 exchange.

Details

Property type

Lot size

7,049 sq ft

Price per sq ft

$313

Year built

1927

HOA

No

Price History

12/03/2024
CLAW

CLAW #24468821

Listed
$1,699,000
+1.43%
07/01/2024
CLAW

CLAW #24362801

Removed
$1,675,000
04/15/2024
CLAW

CLAW #24362801

Price change
$1,675,000
-6.89%

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 10:55 PM

Listing updated: 12/11/2024 at 11:40 AM

Listed by: Benjamin Lalezari, Realty Investment Advisors, Inc.

MLS: CLAW #24468821

CLAW logo

Recently listed in Los Angeles