Strategically located south of Olympic Blvd and west of Rimpau Blvd, this fully renovated Spanish-style quadruplex in the heart of Mid-Wilshire presents an unbeatable investment opportunity with a 5% CAP rate and 14.8 GRM, featuring four 2-bedroom, 1-bath units, each thoughtfully upgraded with sleek quartz countertops, high-end stainless steel appliances, stylish flooring, in-unit laundry with owner-owned washers and dryers, newer double-pane windows, and upgraded electrical panels, while offering four designated parking spaces, separate gas meters, and newly installed sewer and electrical systems; the property has undergone seismic retrofit improvements, and each unit is equipped with a tankless water heater and separately metered gas and electricity, ensuring modern convenience, energy efficiency, and long-term value; additionally, with strong value-add potential and a prime location attracting tenants priced out of Miracle Mile to the north and Culver City to the west, this property presents a rare and lucrative investment opportunity in one of Los Angeles' most sought-after rental markets. This is the ideal situation for an owner or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.
For sale
Price cut: $20K (7/24)
$2,249,000
1268 S Citrus Ave, Los Angeles, CA 90019
8beds
4baths
3,336sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$1,979,500 Zestimate®
$674/sqft
$-- HOA
What's special
Stylish flooringUpgraded electrical panelsSleek quartz countertopsHigh-end stainless steel appliancesIn-unit laundryNewer double-pane windows
- 127 days
- on Zillow |
- 143 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 05:36am
Listed by:
'Amy'Mi Soon Kim DRE # 02063096 626-720-6676,
Hanbada Realty Inc. 626-720-6676
Source: CLAW,MLS#: 25517493

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall
Cooling
- Air Conditioning, Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer, Tankless Water Heater
- Laundry: In Unit
Features
- Flooring: Laminate
Interior area
- Total structure area: 3,336
- Total interior livable area: 3,336 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,002.57 Square Feet
- Features: City Lot
Details
- Additional structures: None
- Parcel number: 5084026017
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Updated/Remodeled
- Year built: 1924
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $674/sqft
- Tax assessed value: $1,924,740
- Annual tax amount: $23,638
- Date on market: 3/27/2025
- Tenant pays: Gas, Electricity
- Loading
- Loading