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… Read More 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. Read Less
Courtesy of Realty Investment Advisors, Inc.
Listing Snapshot
Days Online
37
Last Updated
Property Type
Other
Beds
6
Square Ft.
5,438
Lot Size
0.16 Acres
Year Built
1927
MLS Number
24-468821
30 Days Snapshot Of 90019
$1,629k
+26%
(avg) sold price
9
-25%
homes sold
73
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven
Building
5,438 sq ft, Built in 1927, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Garage
Carport, Garage Is Detached
Heating
Wall
Lot
LotAcreage: 0.1618, LotSizeArea: 7,049
Parking
TotalParking: 0
Property
NumberOfUnits: 6, Zoning: LAR3
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