1233 S Citrus Ave, Los Angeles, CA 90019
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1233 S Citrus Ave Los Angeles, CA 90019

$1,600,000
  • 4 Beds
  • 4 Baths
  • 3,940 Sq.Ft.
For Sale
$1,600,000 Get Pre-Qualified

Map preview of 1233 S Citrus Ave, Los Angeles, CA 90019

Property Overview: 1233 S Citrus Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,940 living square feet and 6,251 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover a beautifully maintained 1936 French Normandy property in the sought-after Longwood Highlands, adjacent to Hancock Park. This prime investment features four spacious units, each just under 1,000 sq. ft., with formal living and dining rooms, separate kitchens, laundry rooms, generous bedrooms, and vintage bathrooms with tub/showers. Recent upgrades include remodeled kitchens and bathrooms, hardwood flooring, and various system enhancements. The property also boasts a newly rebuilt 4-car garage/storage. Excellent potential for increased rental income. For more details or to schedule a viewing, please contact us or refer to the private remarks.

Listed by Soo Lee | BRE #01971693 | Trinity One Realty
Co-listed by Hope Kim | BRE #01301958 | Hope Ys Kim, Broker
Last checked: 7 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,251
HOA Dues
$0/mo
Year built
1936
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24183644
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,745
  • Total Rent: $2,745
  • Pro Forma/Market Rent: $2,745
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,094
  • Total Rent: $1,094
  • Pro Forma/Market Rent: $2,745
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,146
  • Total Rent: $1,146
  • Pro Forma/Market Rent: $2,745
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,655
  • Total Rent: $1,655
  • Pro Forma/Market Rent: $2,745
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.33%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,680
  • Net Operating Income: $53,280
  • Gross Operating Income: $79,680
Annual Expense Breakdown
  • Total Operating Expense: $26,400
  • New Taxes: $19,200
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,800
  • Water/Sewer: $4,800

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Property Details for 1233 S Citrus Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Brick
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard, Lawn, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5084027030
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Use navigation
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1233 S Citrus Ave

Last sold on December 4th, 2017
  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: PW24183644

    $1,600,000

    Price

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: SB20077116

    $2,650

    Price

  • May 30, 2020

    Date

    Withdrawn

    CRMLS: SB20077116

    $2,650

    Price

  • May 15, 2020

    Date

    Price Change

    CRMLS: SB20077116

    $2,650

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: SB20077116

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    **Just finished beautifully upgraded remodeled 1 bed full bath unit w/ 1 car garage. This bright and HUGE 1 bedroom ( 1000sq.ft) offers a gorgeous remodeled new kitchen and bathroom, floor, interior paint. A beautiful home in an amazing location- just south of Olympic and Crescent Heights, and conveniently located by Beverly Hills / Beverly Center and La Cienega Park. very nice and quiet neighborhood. The unit comes with a 1 car garage space w/ central air. 1000 square ft. 1 bedroom w/ spacious formal living room,separate dining room, new kitchen, laundry room, good sized bedroom and lg bathrooms with tub/shower. You will enjoy cozy garden area as well.

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: SB18279425

    $1,599,900

    Price

  • Jan 15, 2019

    Date

    Withdrawn

    CRMLS: SB18279425

    $1,599,900

    Price

  • Nov 26, 2018

    Date

    Active

    CRMLS: SB18279425

    $1,599,900

    Price

  • Listing provided courtesy of CRMLS

    Beautiful French Normandy style 4 units income property in adjacent to Hancock Park area. located on a premier street in Longwood Highlands. All 4 units are each huge app. 1000 square ft. 1 bedroom w/ spacious formal living room,separate dining room, kitchen, laundry room, good sized bedroom and vintage bathrooms with tub/shower. Some units are upgrades throughout, including kitchen and bathroom remodels, hardwood flooring, some system upgrades and much more. Long term tenants are there .Significant upside in rents. Recently rebuilt 4-car garage/storage, rest area.. Please call or review private remarks for showing instructions.

  • October, 2018

  • Oct 1, 2018

    Date

    Expired

    CRMLS: SB18151178

    $1,549,000

    Price

  • Jul 17, 2018

    Date

    Withdrawn

    CRMLS: SB18151178

    $1,549,000

    Price

  • Jul 10, 2018

    Date

    Price Change

    CRMLS: SB18151178

    $1,549,000

    Price

  • Jun 26, 2018

    Date

    Active

    CRMLS: SB18151178

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful French Normandy style 4 units income property in adjacent to Hancock Park area. located on a premier street in Longwood Highlands. All 4 units are each huge app. 1000 square ft. 1 bedroom w/ spacious formal living room,separate dining room, kitchen, laundry room, good sized bedroom and vintage bathrooms with tub/shower. Some units are upgrades throughout, including kitchen and bathroom remodels, hardwood flooring, some system upgrades and much more. Long term tenants are there .Significant upside in rents. Recently rebuilt 4-car garage/storage, rest area.. Please call or review private remarks for showing instructions.

  • December, 2017

  • Dec 4, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2017

  • Oct 19, 2017

    Date

    Sold

    CRMLS: 17257682

    $1,360,000

    Price

  • Sep 15, 2017

    Date

    Pending

    CRMLS: 17257682

    $1,300,000

    Price

  • Aug 21, 2017

    Date

    Active Under Contract

    CRMLS: 17257682

    $1,300,000

    Price

  • Aug 3, 2017

    Date

    Active

    CRMLS: 17257682

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Character driven 1936 French Normandy income property located on a premier street in Longwood Highlands, a beautiful pocket adjacent to Hancock Park. Four large units, each just shy of 1,000 square feet each with formal living room, separate dining room, kitchen, laundry room, good sized bedroom and vintage bathrooms with tub/shower. Many upgrades throughout, including kitchen and bathroom remodels, hardwood flooring, some system upgrades and much more. Significant upside in rents. Recently rebuilt 4-car garage/storage. Please call or review private remarks for showing instructions.

  • October, 2017

  • Oct 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,360,000

    Price

Show More

Tax History for 1233 S Citrus Ave

Assessed Value (2020): $1,415,764
Year Land Value Improved Value Assessed Value
2020 $894,744 $521,020 $1,415,764

Home Value Compared to the Market

This property vs the competition

1233 S Citrus Ave is listed 33.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $406.09 per/sqft which puts the price per square foot 47.12% lower than the median price per square foot for the city of Los Angeles.

About 1233 S Citrus Ave

Detailed summary of property

1233 S Citrus Ave is a fourplex located in Los Angeles, CA 90019 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 3,940 living square feet, and sits on an approximately 6,251 square foot lot. 1233 S Citrus Ave was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $1,600,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 33.33% higher than the median priced home. Local competing homes currently for sale include 1502 S Redondo Blvd, 1240 S Muirfield Rd and 5317 Dockweiler Pl. While the average home in Los Angeles, CA is selling in 106 days, 1233 S Citrus Ave has a days on market of 14 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1233 S Citrus Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1233 S Citrus Ave

Public county record property details
Beds
4
Baths
4
Year built
1936
Sq. Ft.
3,940
Lot Size
6,249
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
108
APN
5084-027-030

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1233 S Citrus Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 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.