We are pleased to offer for sale a development site at 1304-1306 Citrus Avenue, located adjacent to West Hollywood. A duplex currently sits on the site, which spans a 7,296 square foot parcel, offering a rare opportunity for a developer to acquire land in one of the most supply-constrained pockets… Read More of Los Angeles. The immediate area has seen multiple new developments in recent years, reinforcing the strength of the submarket and ongoing demand for high-quality housing. Situated just north of Santa Monica Boulevard and east of La Brea, the property benefits from its proximity to West Hollywood a submarket that continues to attract top-tier tenants, investors, and capital due to its lifestyle appeal, walkability, and enduring rent growth. Citrus Avenue is a quiet, tree-lined street with a Walk Score of 95, surrounded by boutique retail, fitness studios, and some of LA's most iconic nightlife and dining options. This rare infill development site allows a buyer to maximize building potential, with strong underlying zoning and proximity to some of the highest-performing rental stock in the city.13041306 Citrus Avenue presents a compelling opportunity for investors seeking exposure toa high-barrier-to-entry location with long-term upside. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
50
Last Updated
Property Type
Other
Beds
2
Square Ft.
1,644
Lot Size
0.17 Acres
Year Built
1929
MLS Number
25541331
30 Days Snapshot Of 90028
$947k
+8%
(avg) sold price
4
+33%
homes sold
80
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,644 sq ft, Built in 1929, Levels: One
Disclosures
None
Garage
None
Lot
LotAcreage: 0.1675, LotSizeArea: 7,298
Parking
TotalParking: 2
Property
NumberOfUnits: 2, Zoning: LAR3
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