806 N Citrus Ave, Los Angeles, CA 90038
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806 N Citrus Ave Los Angeles, CA 90038

$1,850,000
  • 9 Beds
  • 6 Baths
  • 2,373 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified

Map preview of 806 N Citrus Ave, Los Angeles, CA 90038

Property Overview: 806 N Citrus Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 2,373 living square feet and 6,002 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: Beautifully remodeled 1920's Melrose Tri-plex with amazing walkability to Osteria Mozza, Starbucks, California Chicken Cafe, and so many other shops and restaurants. Tree-lined street just north of Melrose and west of Highland in Hancock Park adjacent surrounded by multi-million dollar homes. This 3-unit building has kept her old Spanish charm of hardwood floors and stucco archways while undergoing extensive renovations including central heat & air, new electrical and plumbing, new kitchens and baths, stainless steel appliances, and washer/dryer units in all 3 apartments. Designed with privacy in mind, each unit has its own garage and private gated and hedged yards. The largest unit, a 2-bedroom/1 bath, will be delivered vacant for an owner-occupied opportunity or can easily be rented for $4,000/month. Unit 2 is a 2-bedroom/1 bath, currently rented for $3,950 and Unit 3 is a large studio with built-in Murphy Bed and separate kitchen currently rented for $2,000/month. Amazing rental history, amazing location, amazing amenities.

Listed by Allen Damon Bell | BRE #02012217 | Real Estate eBroker Inc.
Last checked: 4 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
6,002
HOA Dues
$0/mo
Year built
1924
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24365491
City
Los Angeles
County
Los Angeles
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,795
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,950
  • Total Rent: $3,950
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $103,100
  • Gross Operating Income: $119,400
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 806 N Citrus Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage - Three Door, Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5524003011
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: This tri-plex is located on Citrus Ave. - between Waring Ave. and Willoughby Ave.
View more facts & features

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Sale History for 806 N Citrus Ave

Last leased for $3,850 on October 28th, 2019
  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365491

    $1,850,000

    Price

  • May, 2021

  • May 16, 2021

    Date

    Canceled

    CRMLS: 21693712

    $1,650

    Price

  • Apr 11, 2021

    Date

    Price Change

    CRMLS: 21693712

    $1,650

    Price

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: 21693712

    $1,950

    Price

  • Feb 16, 2021

    Date

    Active

    CRMLS: 21693712

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    One-of-a-kind triplex completely updated for today's modern living, but with Spanish charm. Unit 806.5 is part of a triplex (this unit is a studio) and features its own private and hedged yard, private garage, washer/dryer, central heat/air, granite kitchen, travertine bathroom, hardwood floors, brand new stainless steel appliances, complete privacy. The unit comes furnished; it has a built-in queen-size Murphy Bed; sofa, desk with chair, dining table with two chairs, and outdoor sitting area. Comes with refrigerator/freezer and gas stove/oven. The neighborhood can't be beat and is one block north of Melrose Avenue on Citrus Avenue, so you can walk to all the amazing restaurants and shops. We will consider a small/medium-sized dog and/or cat. This Unit is available for occupancy now and showings are by appointment only.

  • October, 2019

  • Oct 29, 2019

    Date

    Leased

    CRMLS: 19511034

    $3,850

    Price

  • Oct 4, 2019

    Date

    Price Change

    CRMLS: 19511034

    $3,795

    Price

  • Sep 15, 2019

    Date

    Active

    CRMLS: 19511034

    $3,850

    Price

  • Listing provided courtesy of CRMLS

    Charming Spanish triplex completely updated for today's modern living. Hancock Park adjacent on a quiet residential street with million dollar homes. 806 Citrus feels like a house and features its own private and hedged entrance (with a grassy yard and a large Spanish tiled deck), private driveway parking exclusive for this unit, front and back entrances, arched living room ceiling and arched doorways, central heat/air, granite kitchen, travertine bathroom, dual medicine cabinets...complete privacy. The following items are all brand new as of August 2019: hardwood floors were restained & refinished, all new stainless appliances, new washer & dryer, new bathroom vanity and faucet. Amazing neighborhood...stroll to Mozza, California Chicken Cafe, the new Tartine and much more. Will consider small/medium size dogs and/or cats.

  • July, 2019

  • Jul 14, 2019

    Date

    Canceled

    CRMLS: 19474332

    $3,850

    Price

  • Jul 2, 2019

    Date

    Price Change

    CRMLS: 19474332

    $3,850

    Price

  • Jun 23, 2019

    Date

    Canceled

    CRMLS: 19474332

    $3,650

    Price

  • Jun 5, 2019

    Date

    Hold

    CRMLS: 19474332

    $3,650

    Price

  • Jun 5, 2019

    Date

    Active

    CRMLS: 19474332

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    One-of-a-kind triplex - completely updated for today's modern living, but with Spanish charm. Unit 806 is part of a triplex and features its own private and hedged yard, private driveway parking, washer/dryer, dishwasher, central heat/air, granite kitchen, travertine bathroom, hardwood floors, brand new stainless steel appliances, complete privacy. 2 bedrooms/1 bath. The neighborhood can't be beat and is one block north of Melrose Ave. on Citrus Ave., so you can walk to all the amazing restaurants and shops. We will take small/medium-sized dogs and/or cats. Note - pics are from when furniture was in the unit; the unit comes unfurnished. And, appliances are now new and stainless steel.

  • December, 2018

  • Dec 1, 2018

    Date

    Expired

    CRMLS: 18400240

    $2,150

    Price

  • Nov 19, 2018

    Date

    Withdrawn

    CRMLS: 18400240

    $2,150

    Price

  • Nov 19, 2018

    Date

    Active

    CRMLS: 18400240

    $2,150

    Price

  • Nov 9, 2018

    Date

    Hold

    CRMLS: 18400240

    $2,150

    Price

  • Nov 1, 2018

    Date

    Active

    CRMLS: 18400240

    $2,150

    Price

  • Listing provided courtesy of CRMLS

  • March, 2018

  • Mar 29, 2018

    Date

    Canceled

    CRMLS: 18325750

    $3,650

    Price

  • Mar 22, 2018

    Date

    Active

    CRMLS: 18325750

    $3,650

    Price

  • Listing provided courtesy of CRMLS

  • February, 2005

  • Feb 4, 2005

    Date

    Sold (Public Records)

    Public Records

    $759,000

    Price

  • December, 1996

  • Dec 27, 1996

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

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Tax History for 806 N Citrus Ave

Assessed Value (2020): $967,374
Year Land Value Improved Value Assessed Value
2020 $839,928 $127,446 $967,374

Home Value Compared to the Market

This property vs the competition

806 N Citrus Ave is listed 48.12% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $779.6 per/sqft which puts the price per square foot 0.98% higher than the median price per square foot for the city of Los Angeles.

About 806 N Citrus Ave

Detailed summary of property

806 N Citrus Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 2,373 living square feet, and sits on an approximately 6,002 square foot lot. 806 N Citrus Ave was first listed on ArdentRealEstateGroup.com on March 6, 2024. The homeowner is currently asking $1,850,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 48.12% higher than the median priced home. Local competing homes currently for sale include 5918 Barton Ave, 610 N Spaulding Ave and 812 N Genesee Ave. While the average home in Los Angeles, CA is selling in 97 days, 806 N Citrus Ave has a days on market of 46 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 806 N Citrus Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 806 N Citrus Ave

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,373
Lot Size
6,000
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
203
APN
5524-003-011

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 806 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.