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: 5 seconds ago | Last updated: April 22nd, 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:
Multi Family
Status
Active
MLS#
SB24055560
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
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
Property 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
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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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
  • Dryer Included, In Closet, Inside, Stackable, Washer Hookup, Washer Included
Interior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Privacy
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 5548024004
  • Year Built Source: Assessor
  • Entry Level: 1
  • Offered With Property: Negotiable
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Off of Fountain Ave between Highland and La Brea
View more facts & features

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Sale History for 1303 N Citrus Ave

View property's historical transactions
  • March, 2024

  • Mar 19, 2024

    Date

    Active

    CRMLS: SB24055560

    $3,500,000

    Price

Tax History for 1303 N Citrus Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

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 multi family located in Los Angeles, CA 90028 and is currently for sale. This multi family property 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 20, 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 2743 S Robertson Blvd, 1035 N Alvarado St and 3280 Provon Ln. 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
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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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Related Resources to 1303 N 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.