1292 1/2 S Citrus Avenue

Los Angeles, CA 90019

$1,750,000

List Price

4

bed Beds

4

shower Baths

4,320 sqft

straighten / sqft

1924

calendar_month Built

Property Description

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 Information

List Price $1,750,000
Status Active
MLS 24435504
Type Residential Income
Year Built 1924
Lot Size 6,002
Structure Size 4,320
DOM 15
Courtesy Of Realty Investment Advisors, Inc.
Listing Agent Benjamin Lalezari DRE#01987941
Co-Listing Agent Benjamin J. Hsiang DRE#01438644

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Benjamin Lalezari, Benjamin J. Hsiang, Realty Investment Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.