United StatesCaliforniaLos AngelesMiracle Mile1296 South Citrus Avenue

1296 South Citrus Avenue 1296 South Citrus Avenue Los Angeles, California 90019 United States

$1,649,000
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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,...

Realty Investment Advisors, Inc.

Listing Courtesy of Realty Investment Advisors, Inc.
$1,649,000
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6
Bedrooms
505 m²
Interior
647 m²
Exterior
Residential Income
Property type
1927
Year Built
24468821
Web Id
24468821
MLS ID
Los Angeles Unified
School District
157
days ago

About 1296 South Citrus Avenue

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 Courtesy of Realty Investment Advisors, Inc.

features

cooling
Propane Heating
Parking
Car Port

PROPERTY INFORMATION

Heating
WallFurnace
Parking Description
Carport

ADDITIONAL INFORMATION

Number of Units
6
Listing Courtesy of Realty Investment Advisors, Inc.

Realty Investment Advisors, Inc.

Listing Courtesy of Realty Investment Advisors, Inc.
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