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$ 4,250,000
Est. payment /mo
New
1015 S Citrus Los Angeles, CA 90019
14 Beds
14 Baths
7,115 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26202296
Bedrooms 14
Lot Size 7,115 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1015 S Citrus is a massive brand new construction, luxury 5-Unit in prime Mid-Wilshire/Miracle Mile area. Set on a quiet, tree lined street with standout curb appeal, this luxury asset delivers a projected 5.76% cap rate supported by $313,800 in gross potential income. The property features an unbeatable unit mix with two large four bedroom units and three equally impressive three bedroom units, all townhome style with tenant friendly layouts. These residences live like high end homes, offering oversized kitchens, generous living rooms, designer tile work, modern cabinetry, stainless steel appliances, large closets, abundant natural light, and multiple balconies. The location is a major draw for younger, career stable renters who want to live near the Miracle Mile and Mid Wilshire employment corridor. With Cedars Sinai Medical Center, CBS Television City, The Grove retail district, and the expanding Wilshire creative and media corridor, this pocket has become a favored home base for professionals seeking shorter commutes, modern housing, and central access to Beverly Hills, Hollywood, and Downtown LA. This combination of central location, lifestyle amenities, and proximity to major employment hubs creates a deep, reliable tenant pool and sustained rental demand. With separate utility meters, brand new systems, drought tolerant landscaping, ample parking, and a full one year builders warranty, this is a low maintenance, high desirability investment. 1015 S Citrus blends luxury design with strong income performance in one of the most central neighborhoods in Los Angeles.
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 10 Freeway, exit La Brea Avenue and head north. Turn left on Olympic Boulevard, then left on S Citrus Avenue. The prope
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5084010003
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
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