CA > Los Angeles
Los Angeles, CA 90019,1200 S Citrus Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$3,150,000
Est. payment /mo
10,278 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,278 sqft

Price per Sqft $306

MLS Listing ID 25581297

Year Built 1951

Lot Size 0.325 Acres

Acres 0.3246

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Uncovered, Carport Detached

Garage Spaces 12.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

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+1(424) 214-0133

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