$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
- 121 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 #24468821
Listed
$1,699,000
+1.43%
07/01/2024
CLAW #24362801
Removed
$1,675,000
04/15/2024
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: 04/03/2025 at 5:00 PM
Listing updated: 02/06/2025 at 10:00 AM
Listed by: Benjamin Lalezari, Realty Investment Advisors, Inc.
MLS: CLAW #24468821
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