1296 S Citrus Avenue
Los Angeles, CA 90019
Active for $1,699,000
Beds: 6 Baths: 6 Structure Size: 5,438 sqft Lot Size: 7,049 sqft
MLS | 24468821 |
Year Built | 1927 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $1,699,000 |
Structure Size | 5,438 sqft |
Lot Size | 7,049 sqft |
Beds | 6 |
Baths | 6 |
Description
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.
Listing information courtesy of: Benjamin Lalezari, Realty Investment Advisors, Inc. 818-448-2262. *Based on information from the Association of REALTORS/Multiple Listing as of 12/04/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.