1296 S CITRUS Avenue

Los Angeles, CA90019


| 7052.00 sqft | MLS# 19512658

Tract: HPK - Hancock Park



Active $2,100,000

contact: Omega Group: 310.429.8191

Description

We are pleased to present the opportunity to acquire a two-property portfolio located at 1296 South Citrus Avenue and 1430 Sherbourne Drive, a six-unit and five-unit value-add opportunity located in prime submarkets of Los Angeles. The properties can either be purchased as a portfolio or individually.Originally constructed in 1927, 1296 South Citrus Avenue offers investors the ability to acquire a charming 1920s vintage apartment complex in the heart of Mid-Wilshire with a significant value-add component. Situated on a 7,052 square foot parcel, the asset consists of one two-story building with four detached carports and two garage parking spaces located in the rear of the building. The building consists of six spacious one bedroom units averaging 855 square feet with in-unit washer/dryer and private walk-up entrances in select units.