1200 S Citrus Ave Los Angeles, CA 90019
Value-add multifamily property with significant rental upside in Los Angeles.
Lot size:
0.32 AcresProperty Features for 1200 S Citrus Ave
General Information
- Lot size
- 0.32 Acres
Building Details
- Year built
- 1951
Source:
Elliman
Listing Agency: Kidder Mathews of California, Inc.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Los Angeles Multifamily Investment Opportunity
This multifamily property in Los Angeles presents a value-add investment opportunity. The property includes one and two-bedroom units arranged around a central courtyard, with on-site parking available. Situated on a corner lot measuring 14,140 square feet, the property offers potential for rental increases, estimated at almost 50%, through strategic interior and exterior renovations. Detached carports may offer the potential to create Additional Dwelling Units (ADUs). Coin-operated laundry facilities are located on-site.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.34238
- Latitude
- 34.05316
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FAQs
What type of property is this?
Apartment building - Value-add multifamily property with significant rental upside in Los Angeles.
Where is this apartment building located?
The property is located at 1200 S Citrus Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: - Significant rental upside (almost 50%); - Large corner lot (14,140 sq ft); - Potential for ADU development from detached carports