1036 S Citrus Avenue, Los Angeles, CA 90019

$1,380,000

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List Price
$1,380,000
Status
ACTIVE
MLS#
TR26171999
Year Built
1926
Lot Size
6,816
Acres
0.16
Lot Location
Front Yard, Garden, Sprinklers In Front, Sprinklers Timer
Days on Market
0
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

Priced below online estimates: Charming rear triplex in desirable Mid-Wilshire featuring hardwood floors, Newly painted exterior,(2025), detached 3-car garage, fruit trees, and a private backyard. Fully occupied. Unit 1036: 1BR/1BA upstairs with vaulted ceilings, fireplace, balcony, in-unit laundry, and A/C—occupied by a long-term tenant. Unit ½: bright 1BR/1BA upstairs with views, currently vacant at $2,050/mo. Unit 1038: spacious 2BR/2BA with fireplace, formal dining, bonus room, and laundry- tenant opts not to take a garage at this moment; otherwise, $100 rent per month. Each unit includes its own water heater, washer/dryer, and refrigerator. Electrical panel upgraded in 2012. A rare investment opportunity with character, stability, and strong rental upside in one of LA’s most sought-after neighborhoods. Buyer may cooperate IRC 1031 exchange at no cost to the buyer.

Additional Information

Other Buildings
Storage
Appliances
Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater, Washer
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Zoned
View
Neighborhood, Panoramic
Exterior Construction
Stucco
Garage Spaces Total
3
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$101,400
Operating Expense
23935

Listing courtesy of Listing Agent: Kenneth Tananan (ktananan@yahoo.com) from Listing Office: Re/Max Top Producers.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.