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1215 South Citrus Avenue
Los Angeles, CA 90019


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Property Remarks

Pacific Union Commercial is proud to offer for sale this beautifully maintained 3,172 square foot duplex located at 1215 S. Citrus Ave. in the Mid-Wilshire neighborhood. Both up and down units have 3 beds, 2 baths, a laundry room (machines owned by Seller) and a sizable living room. There are two 2-car garages, central air and several other upgrades that still maintain it's original charm and character. Both tenants have been there for around 5 years and would prefer to stay but an owner/user may move in as well.Currently leased well below market, the units are move-in ready or can be fully updated to capture the market rents. Each unit is approximately 1,585 square feet on a 6,250 square foot R3-1 lot. Lemon and Lychee fruit trees surround the property with new zero-maintenance landscaping. Don't miss this great opportunity in a booming area!

Property Details

MLS#
18332312
Days on Market
70
Year Built
1936
Stories
2
Building/Living Area (sq ft)
3,172
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Hancock Park-Wilshire (C18)

Presented By:

Listing provided courtesy of Yeshia Braverman , Pacific Union International


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Cooking Appliances
Range
Equip/Appliances
Dishwasher
Dryer
Electric Dryer Hookup
Garbage Disposal
Refrigerator
Washer

Additional Property Details

Number of Units
2
Parking Spaces
4
Number of Buildings
1
Gross Operating Income
$66,468
Total Expense
$29,000
ADA Compliance
No

AC/Cooling
Air Conditioning
Heating
Central Furnace
Parking
Garage Is Detached

Hancock Park

Famed for its beautiful mansions, Hancock Park is a long-established neighborhood of grace and elegance. This neighborhood welcomes with history and convenience with its prime position in a central location. The area was purchased by Major Henry Hancock in the 1860s and an area that was once dirt roads and oils field was transformed into commercial buildings and developments of stately homes.

Real Estate: Classic elegance is the order of the day in Hancock Park. Most of the homes originally built in the area are two-story single-family residences in a variety of styles including Tudor Revival, Spanish Revival, American Colonial and English Revival. Most residences are set back from the street with side driveways and often a rear garage. Hancock Park has been home to many famous residents including Howard Hughes.

Community Life: Hancock Park’s main shopping spot is the quaint area of Larchmont Village, which is full of shops and cafes. The area is also conveniently located near some of the city’s best museums and art galleries. The Wilshire Country Club has hosted many great tournaments and groups and remains one of Southern California's golf gems and the nearby Los Angeles Tennis Club also is a popular private destination.

Education: Hancock Park is served by the Los Angeles Unified School District. Local public schools include Third Street Elementary and John Burroughs Middle School. Private schools include Yeshiva Rav Isacsohn/Torath Emeth, Bnos Esther, Marlborough School and Samuel A. Fryer Yavneh Hebrew School.

Transportation: Hancock Park is equidistant to both the 101 and 10 freeways and Wilshire Boulevard is a main thoroughfare. The Metro Purple line runs through the area and there are several bus routes.

Local Attractions: The official residence of the Mayor of Los Angeles is located in Hancock Park. Because of its singularly lovely residences, this neighborhood is also a popular spot for filming and many consuls general live in the area.

Community Explorer

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