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1292 1/2 S Citrus Avenue, Los Angeles, CA 90019

Property

1292 1/2 S Citrus Avenue, Los Angeles, CA 90019 Sold October 2024 CRMLS
$1,658,000Sold October 2024

Listing Agent: Benjamin Lalezari (DRE #01987941) · Listing Office: Realty Investment Advisors, Inc. · Bought with: Benjamin Lalezari · Realty Investment Advisors, Inc. · MLS #24435504 · Source: CRMLS

4
Bedrooms
4
Bathrooms
4,320
Sq Ft
6,002 sqft
Lot Size
1924
Year Built
Property
Type
2
Stories
WallWindowUnits
Cooling
WallFurnace
Heating

About this property

Discover an exceptional investment opportunity in the heart of the coveted Mid-Wilshire submarket with this rare four-unit property, each offering oversized one-bedroom apartments that average approximately 1,000 square feet. Two of the units will be delivered vacant at close, presenting immediate rental upside potential. The units have been tastefully renovated to combine modern amenities with classic charm, featuring in-unit washers and dryers for added convenience.Situated on a generous 6,000 square foot lot, the property offers ample parking and boasts significant potential for future development. The location is unbeatable-within walking distance to the Midtown Shopping Center, Sprouts, Starbucks, and other local amenities-making it highly desirable for tenants seeking both comfort and convenience.This property represents a prime investment opportunity in one of Los Angeles' most vibrant neighborhoods, offering both immediate income potential and long-term growth possibilities. Don't miss your chance to own a piece of Mid-Wilshire's thriving real estate market.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,658,000
Sold October 2024 · listed $1,750,000, on market September 2024 · MLS #24435504 · Source: CRMLS
Listing Agent: Benjamin Lalezari · Listing Office: Realty Investment Advisors, Inc. · Bought with: Benjamin Lalezari · Realty Investment Advisors, Inc.
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