We are proud to present 1296 South Citrus Avenue, a prime 6-unit investment opportunity in the highly desirable Mid-Wilshire submarket! Situated on a spacious 7,052 sq. ft. corner lot, the property features six generously sized 1-bedroom, 1-bathroom units, each equipped with in-unit washers and dryers. This property offers an assumable loan of approximately $720,000 at a competitive 3.94% interest rate, fixed through November 2026. Adding further value, the property includes approved plans for a 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU), with an estimated rental potential of $4,000 per month. Buyer must accommodate for the seller's 1031 exchange.
Days on market: 65
Listing updated: February 06, 2025 - 05:56:02
Listed by: Benjamin Lalezari DRE #01987941 , Realty Investment Advisors, Inc. - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X82128 Originating MLS: CRMLS
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