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1303 N Citrus Ave, Los Angeles, CA 90028
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1303 N Citrus Ave Los Angeles, CA 90028

$2,500,000
  • 9 Beds
  • 7 Baths
  • 4,597 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 1303 N Citrus Ave, Los Angeles, CA 90028

Property Overview: 1303 N Citrus Ave Los Angeles, CA has 9 bedrooms, 7 bathrooms, 4,597 living square feet and 4,261 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 Your Dream Hollywood Haven - An Unparalleled Lifestyle Awaits! Step into the epitome of luxury living near the heart of Hollywood at 1303 N. Citrus Ave, Los Angeles, CA 90028. This magnificent recent build property, a rare gem in the bustling city, is now on the market for those who seek an extraordinary lifestyle amidst the glamour and dynamism of Los Angeles. This exquisite triplex spreads generously across 4,597 square feet of meticulously designed space. Comprising an impressive 9 bedrooms and 6 bathrooms, this building offers an expansive and versatile living area tailored to meet the demands of both lavish entertainment and tranquil relaxation. As you enter the open and contemporary kitchens captivates with modern aesthetics and high end finishes, setting the stage for culinary exploration and social gatherings. The living rooms, all bathed in natural light, offer a welcoming space for guest and family, promoting a sense of togetherness and comfort. The luxurious bedrooms serve as serene sanctuaries, providing ample space for rest and rejuvenation. The modern, spacious bathrooms reflect a spa-like ambiance, offering a retreat within the homes. Nestled in a prestigious Hollywood adjacent location, this property places you at the center of entertainment, culture, and convenience. With downtown and a myriad of amenities within easy reach, the vibrant lifestyle of Los Angeles/Hollywood is yours to embrace. This property not only serves as a stunning residential space but also offers an exceptional investment opportunity, ideally positioned for lucrative short-term rental ventures to create your business income. This is more than just a home, it's a lifestyle statement. Seize the opportunity to own a piece of Hollywood luxury. Schedule your viewing today and take the first step towards living your dream at 1303 N. Citrus Avenue.

Listed by Bryce Kawata | BRE #01219317 | Keller Williams South Bay
Last checked: 11 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
4,261
HOA Dues
$0/mo
Year built
2018
Garage
--
Property Type:
Triplex
Status
Active
MLS#
SB24054577
City
Los Angeles
County
Los Angeles
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.68%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $300,000
  • Net Operating Income: $257,640
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $42,360
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 1303 N Citrus Ave

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Property Details for 1303 N Citrus Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Inside, Stackable, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Balcony, Built-in Features, Elevator, Open Floorplan, Pantry, Recessed Lighting
  • Levels: Three Or More
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Door Features: Mirror Closet Door(s), Sliding Doors
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Privacy
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate, Covered, Concrete, Driveway Down Slope From Street, Gated, Tandem Covered
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills, Neighborhood, Panoramic
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5548024004
  • Year Built Source: Assessor
  • Architectural Style: Contemporary, Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: Accessible Elevator Installed
  • Offered With Property: Negotiable
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Off of Fountain Ave between Highland and La Brea
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1303 N Citrus Ave

Last sold for $2,950,000 on March 29th, 2019

  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: SB24054577

    $3,500,000

    Price

  • February, 2024

  • Feb 13, 2024

    Date

    Canceled

    CRMLS: 23279697

    $3,998,000

    Price

  • Nov 6, 2023

    Date

    Active

    CRMLS: 23279697

    $3,998,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this stunning triplex in the heart of Hollywood, California, built in 2018. This modern building offers three spacious units, each with three bedrooms and two bathrooms, making it an ideal choice for families, professionals seeking a luxurious urban lifestyle, or an investor who may choose to live in one unit while maximizing rental income in the remaining units.Hollywood is known for its vibrant and bustling entertainment industry, with iconic landmarks such as the Hollywood Walk of Fame, the Dolby Theatre, Griffith Park, Runyon Canyon and the famous Hollywood Bowl. You'll be surrounded by the glamor of the entertainment world, with endless opportunities to experience the latest in movies, music, and live performances. Additionally, Hollywood is home to some of the best shopping, dining, and outdoor experiences in Los Angeles. You'll be within strolling distance of world-class restaurants, trendy cafes, and high-end boutiques, perfect for indulging in some retail therapy or enjoying a night out on the town.The building itself is designed with contemporary architecture and features an elevator for easy access to all levels. Smart keyless locks throughout the property makes for easy and secure access. Each floor has its own balcony with street views and is ideal for open air hang outs. You'll appreciate the convenience of off-street, gated underground parking, ensuring your vehicle is always easily accessible.This multi-unit property is an excellent investment opportunity, offering high rental income potential in a highly desirable location. Each unit boasts chic, modern minimalist interiors with stainless steel appliances and in-unit laundry for added convenience. One of the units has a configuration that offers the versatility to split out a stand alone studio with an individual balcony, giving you a "fourth" unit option.

  • January, 2023

  • Jan 18, 2023

    Date

    Canceled

    CRMLS: 22185999

    $3,599,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: 22185999

    $4,199,000

    Price

  • Listing provided courtesy of CRMLS

    ALL 3 UNITS VACANT, YOU SET THE RENTS!! Owner has never leased units. Looking for a Gorgeous Modern Multi Unit luxury property in the heart of Hollywood? You found it! This state of the art building is loaded with luxurious finishes. All 3 units have kitchens featuring beautiful cabinets, countertops and stainless steel appliances. Bathrooms include relaxing spa tubs, extra large walk-in showers and wall mounted floating toilets. Each unit has a coded door lock entry and is pre-wired for cable, internet and a Nest thermostat. Each Unit is individually metered for Gas, Electricity and Water. Building includes state of the art security system with cameras and a commercial sprinkler system linked directly to the fire dept. All Units have ADA adaptability. An elevator provides access to all units on all floors including the garage. Garage includes 2 tandem parking spaces for each unit and 2 guest spots all accessed through the automatic gate. Garage is also wired for electric car charging! This neighborhood is a walker's paradise! Walking distance to Sunset Blvd, Hollywood Blvd, the Hollywood & Highland complex and all of the shopping, restaurants and theaters the heart of Hollywood has to offer. It's also a short drive up Highland to the Hollywood Bowl. Ideal for your own family compound, an owner user, investment income property, small business, elderly clients or clients in a wheelchair and great as an Airbnb. This is a rare and amazing opportunity to own a gorgeous building, in a great location, with 3 vacant units where you get to set the rents.

  • April, 2019

  • Apr 10, 2019

    Date

    Sold

    CRMLS: 19423858

    $2,950,000

    Price

  • Jan 30, 2019

    Date

    Active Under Contract

    CRMLS: 19423858

    $3,100,000

    Price

  • Jan 16, 2019

    Date

    Active

    CRMLS: 19423858

    $3,100,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for the 1031 Exchange Buyer* Or owner user. Units rented furnished. Equipped with dual security surveillance and setup with code inputted access. Each Unit has 2 tandem parking spaces gated within a subterranean garage. From the garage level you can access the Elevator for ADA Access to all 3 levels. Each unit is equipped with stainless steel appliances, washer and dryer, spa tub, walk in shower, NEST thermostat for HVAC, personal security system, and fire life safety sprinklers. All units completely furnished. Brand new building with high end finishes. One of the few smaller buildings that be occupied by a person in a wheelchair. Building is in the heart of Hollywood. Walk to Hollywood Blvd. All the clubs, Theaters, restaurants and tourist attractions Hollywood has to offer.

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,950,000

    Price

  • September, 2018

  • Sep 19, 2018

    Date

    Expired

    CRMLS: 18349894

    $2,979,000

    Price

  • Aug 29, 2018

    Date

    Withdrawn

    CRMLS: 18349894

    $2,979,000

    Price

  • Jul 19, 2018

    Date

    Price Change

    CRMLS: 18349894

    $2,979,000

    Price

  • Jun 30, 2018

    Date

    Price Change

    CRMLS: 18349894

    $2,990,000

    Price

  • Jun 19, 2018

    Date

    Active

    CRMLS: 18349894

    $3,477,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE REDUCTION Brand New, Modern, 3-unit apt building with an elevator AND can be used as offices. Two of the units have 3 beds 2 baths; the third unit has 3 beds 3 baths, and 2 levels. All baths are equipped with wall mounted, floating toilets. Relaxing spa tubs in masters w/ Large showers for disabled access. All units equipped with stainless steel appliances, washer & dryer, HVAC System w/a Nest thermostat, pre-wired for cable, internet, & phone. Includes state of the art security system with cameras and a commercial sprinkler system linked to fire dept. All Units have ADA adaptability and an elevator to access all units on all floors. Garage wired for electric cars. Walking distance from Hollywood Blvd and action: Kodak, Dolby, Egyptian, & ns Chinese Theaters. Ideal for owner user, small business, elderly clients, or clients in a wheelchair. Perfect for Airbnb. Near renowned Wanderlust Spa for the Yoga enthusiast. Perfect for Comm. use; Board Care or Bed & Breakfast.

  • August, 2018

  • Aug 22, 2018

    Date

    Leased

    CRMLS: 18370908

    $4,650

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18370908

    $4,650

    Price

  • Listing provided courtesy of CRMLS

    If you don't want to be in a large building, try this Brand New, Modern, 3-unit apt building with an elevator. 3 bed 2 baths Relaxing spa tub in master w/ Large showers. Equipped with stainless steel appliances, washer & dryer, HVAC System w/a Nest thermostat, pre-wired for cable, internet, & phone. Includes state of the art security system with cameras and a commercial sprinkler system linked to fire dept. ADA adaptability and an elevator to access all units on all floors. Garage wired for electric cars. Walking distance from Hollywood Blvd and action: Kodak, Dolby, Egyptian Theaters. Ideal for for elderly clients, or clients in a wheelchair. Near renowned Wanderlust Spa for the Yoga enthusiast. Building also available for Sale. Pet Deposit . Renters Insurance Required.

  • August, 2018

  • Aug 21, 2018

    Date

    Leased

    CRMLS: 18370910

    $4,775

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18370910

    $4,775

    Price

  • Listing provided courtesy of CRMLS

    If you don't want to be in a large building, try this Brand New, Modern, 3-unit apt building with an elevator. 3 bed 2 baths Relaxing spa tub in master w/ Large showers. Equipped with stainless steel appliances, washer & dryer, HVAC System w/a Nest thermostat, pre-wired for cable, internet, & phone. Includes state of the art security system with cameras and a commercial sprinkler system linked to fire dept. ADA adaptability and an elevator to access all units on all floors. Garage wired for electric cars. Walking distance from Hollywood Blvd and action: Kodak, Dolby, Egyptian Theaters. Ideal for for elderly clients, or clients in a wheelchair. Near renowned Wanderlust Spa for the Yoga enthusiast. Building also available for Sale. Pet Deposit . Renters Insurance Required.

  • August, 2018

  • Aug 21, 2018

    Date

    Leased

    CRMLS: 18370912

    $4,975

    Price

  • Aug 20, 2018

    Date

    Active Under Contract

    CRMLS: 18370912

    $4,975

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18370912

    $4,975

    Price

  • Listing provided courtesy of CRMLS

    If you don't want to be in a large building, try this Brand New, Modern, 3-unit apt building with an elevator. (2 story) 3 bed 3 baths Relaxing spa tub in master w/ Large showers. Equipped with stainless steel appliances, washer & dryer, HVAC System w/a Nest thermostat, pre-wired for cable, internet, & phone. Includes state of the art security system with cameras and a commercial sprinkler system linked to fire dept. ADA adaptability and an elevator to access all units on all floors. Garage wired for electric cars. Walking distance from Hollywood Blvd and action: Kodak, Dolby, EgyptianTheaters. Ideal for for elderly clients, or clients in a wheelchair. Near renowned Wanderlust Spa for the Yoga enthusiast. Building also available for Sale. Pet Deposit . Renters Insurance Required.

  • June, 2016

  • Jun 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $740,000

    Price

Show More

Tax History for 1303 N Citrus Ave

Assessed Value (2020): $3,009,000
Year Land Value Improved Value Assessed Value
2020 $1,734,000 $1,275,000 $3,009,000

Home Value Compared to the Market

This property vs the competition

1303 N Citrus Ave is listed 104.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $543.83 per/sqft which puts the price per square foot 29.74% lower than the median price per square foot for the city of Los Angeles.

About 1303 N Citrus Ave

Detailed summary of property

1303 N Citrus Ave is a triplex located in Los Angeles, CA 90028 and is currently for sale. This triplex offers 9 bedrooms, 7 bathrooms, roughly 4,597 living square feet, and sits on an approximately 4,261 square foot lot. 1303 N Citrus Ave was first listed on ArdentRealEstateGroup.com on March 19, 2024. The homeowner is currently asking $2,500,000 and was originally asking $3,500,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 104.08% higher than the median priced home. Local competing homes currently for sale include 454 N Genesee Ave, 183 S Detroit St and 434 N Ogden Dr. While the average home in Los Angeles, CA is selling in 96 days, 1303 N Citrus Ave has a days on market of 44 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1303 N Citrus Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1303 N Citrus Ave

Public county record property details
Beds
2
Baths
1
Year built
1911
Sq. Ft.
1,056
Lot Size
4,260
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5548-024-004

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$695
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
32
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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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.

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