810 Citrus Avenue , Los Angeles, CA - 90038 is For Sale

  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
  • 22178669
$1,899,000· Income property

Description

3-Bedroom, 2-Bathroom unit is NOW VACANT and shown by appointment! Rare opportunity to acquire a charming & lovingly cared for residential multi-family asset in the heart of vibrant Los Angeles / West Hollywood & Hancock Park-Adjacent submarket. For sale for the first time in nearly 60 years, this 2-story classic building is situated mid-block on an approximately 6,000 SF lot, shaded by mature trees. Originally constructed in 1927, the property has been extensively upgraded and modernized over the years, both inside and out, including all new plumbing and 2 new water heaters. The unit mix is ideal, comprised of (2) large 1-bedroom, 1-bathroom units, (1) 2-bedroom, 1-bathroom unit and (1) 3-bedroom, 2-bathroom, with ensuite "owner's unit" which is now vacant, creating a rare owner-user opportunity. The units are all spacious, bright and exude character & warmth. The floor-plans are functional and efficient. Units feature spacious living rooms, kitchens and dining areas, large bedrooms & bathrooms and an abundance of natural light. 2 units with in-unit washer / dryer. Detached garages at the rear of the property offer on-site parking for all residents. A quaint vegetable garden sits between the garages and the main building. Close proximity to an endless array of shops, restaurants & amenities, including parks, Starbucks, shopping centers, schools, Sprouts, Trader Joe's, Hollywood Bowl, Hollywood sign, Melrose shopping, Studios and Tech firms. Significant upside in rents! A tremendous price per square foot value!

Features

MLS#: 22178669
List Price : $1,899,000
Total Units : 4
Gross Operating Income : $80,175
Net Operating Income : $42,723
Sq M : 557 M2
Year Built : 1927
Days on market : 77 Days
Gross taxes : N/A
Address : 810 Citrus Avenue
City : Los Angeles
State : CA
Zip Code : 90038
Neighborhood : N/A
Appliances : Disposal, Refrigerator, Gas Oven, Range
Fireplace Features : Dining Room, Bath, Gas, Kitchen, Living Room
Stories : 2
Laundry : Washer Included, Dryer Included, Inside
Parking Features : Assigned, Detached Carport, Garage, Permit Required, Street
Sale Type : Standard
Spa : None
View : City Lights, Mountain(s)
 
Property Type : Residential Income
Property Style : Traditional
Original List Price : $1,899,000
Acres : 0.1377
Lot Dimensions : 50x120
Lot Size (Acres) : 0.1377
Heating : Central
Sewer : Other
Parking Features : Assigned, Detached Carport, Garage, Permit Required, Street
Pool Desc : None
Security Safety : Window Bars, Carbon Monoxide Detector(s), Smoke Detector(s)
Cooling : Central Air
Flooring : Wood, Laminate, Tile, Carpet
Roofing : Composition, Shingle
Rooms : Living Room
Driving Directions : 1 block west of Highland Ave, north of Melrose Ave, south of Santa Monica Blvd.
 
Courtesy of : Allen Roth , Sotheby's International Realty

Location

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