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(833) HOME-661
Home661
1200 S Citrus Avenue, Los Angeles, CA 90019
- $2,850,000
- 10,278
- SqFt
- Sold Price
- $2,850,000
- List Price
- $3,150,000
- Closing Date
- Jan 13, 2026
- Status
- CLOSED
- MLS#
- 25581297
- Year Built
- 1951
- Living Sq. Ft
- 10,278
- Lot Size
- 14,139
- Acres
- 0.32
- Days on Market
- 38
- Property Type
- Multifamily
- Stories
- One Level
Property Description
This is a true value add investment opportunity in the heart of Los Angeles. The property features one and two-bedroom units with a central courtyard and on-site parking. The structures sit on a large corner lot totaling 14,140 square feet. As an investment, there is almost 50% upside in the current rents. An investor can implement a strategic interior and exterior renovation strategy with the goal of increasing rents and taking advantage of the strength of this submarket. In addition, the property features detached carports which may provide potential to create ADUs at the property. The property also features coin operated laundry on-site.
Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Attached Structure
- Detached
- Number Of Units Total
- 16
Listing courtesy of Listing Agent: Bryan Glenn (bglenn@kiddermathews.com) from Listing Office: Kidder Mathews of California, Inc..
Listing sold by Mathew Bahri from Sotheby's International Realty
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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.