1296 S Citrus Avenue, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

1296 S Citrus Avenue, Los Angeles, CA 90019

$1,649,000 Approx. USD 6 beds, 6 baths
5,438 sqft

Reduced by $50,000 on 4/30/2025

Listing Agent


Benjamin Lalezari | BLalezari@riacre.com
Lic#: 01987941
Broker: Courtesy of Realty Investment Advisors, Inc.

Co Listing Agent


Benjamin J. Hsiang | bhsiang@riacre.com
Lic#: 01438644
Broker: Courtesy of Realty Investment Advisors, Inc.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24468821
List price is $1,649,000 Reduced by $50,000 on 4/30/2025
Price: $1,649,000
Beds: 6
Baths: 6
Built in 1927
5,438 sqft
2 stories
0.16 acres
Lot size: 0.1618
County: Los Angeles
Zoning: LAR3
Parking description: Carport
Heating description: Wall Furnace
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 4/30/2025

 Days On Market (DOM): 152

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.050217, -118.343344.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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