1296 S CITRUS AVENUE, LOS ANGELES, CA 90019

  • 5,438 sqft
  • Lot Size: 7,052 sqft
  • Built in 1927
  • MLS #19512658
For Sale $2,100,000

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.

FACTS / FEATURES

  • Built in 1927
  • Lot Size: 7,052 sqft
  • Cooling: See Remarks

for more information on this property, please fill out the form below

* required field
Listing Provided by Sean Rosenzweig, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of December 8, 2019. 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.