CA > Los Angeles
Los Angeles, CA 90019,1296 S Citrus Ave
Los Angeles, CA 90019,1296 S Citrus Ave
Los Angeles, CA 90019,1296 S Citrus Ave
4
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$1,699,000
Est. payment /mo
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6 BD
6 BA
5,438 SqFt
Active

1296 S Citrus Ave Los Angeles, CA 90019

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Chan Wathen

Chan Wathen

+1(702) 461-7869

UPDATED:

12/11/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,438 sqft

Price per Sqft $312

MLS Listing ID 24-468821

Bedrooms 6

Year Built 1927

Lot Size 7,049 Sqft

Acres 0.1618

Property 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. Buyer must accommodate for the seller's 1031 exchange.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven

Exterior

Parking Features Carport, Garage Is Detached

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

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Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

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1296 S Citrus Ave