Listing provided courtesy of Benjamin Lalezari of Realty Investment Advisors, Inc.. Last updated 2025-04-22 08:11:32.000000. Listing information © 2024 Sandicor.
Asking Price: $1,699,000 |
1296 Citrus, Los Angeles CA 90019
Community: C18 - Hancock Park-Wilshire
This property was built in 1927 and is priced at $1,699,000. Please see the additional details below.
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.
