1260 South Citrus Avenue

Los Angeles, CA 90019

$1,350,000
Last Sold Price
3
Beds
3
Baths
2,202 Sq. Ft.
$613 / Sq. Ft.
2,202
Sq. Ft.
$613
per Sq. Ft.

Description

Sun-drenched, charming Spanish duplex with original architectural features and beautiful landscaping nestled in the heart of Mid Wilshire. This beauty features gorgeous hardwood floors, and spacious living areas with stylish lighting fixtures. Enjoy reading on your private patios or entertain in your backyard oasis. Incredible investment opportunity for anyone looking to owner occupy or make some extra cash. Live in one and rent out the other! Or use as a rental property and collect cash flow from...Sun-drenched, charming Spanish duplex with original architectural features and beautiful landscaping nestled in the heart of Mid Wilshire. This beauty features gorgeous hardwood floors, and spacious living areas with stylish lighting fixtures. Enjoy reading on your private patios or entertain in your backyard oasis. Incredible investment opportunity for anyone looking to owner occupy or make some extra cash. Live in one and rent out the other! Or use as a rental property and collect cash flow from both. New roof, sewer line, and driveway updated in 2019. Detached two-car garage. Lot is zoned R3 with possibility for future development. Centrally located, walking distance to Sprouts, Starbucks, Target, Michaels, Lowes and all that Mid Wilshire has to offer. Hurry! This stunner won't last long.

Listing Agent

  1. Brett Alphin

    Brett Alphin

    Listing Agent

    Compass

    DRE #01998404

Property Details for 1260 South Citrus Avenue

Zoning
LAR3
Style
Spanish
Cross Streets
Dockweiler, San Vicente
Parcel Number
5084026015
Total Units
2.0
Living Area
2202
Source Living Area
Vendor Enhanced
Area
Hancock Park-Wilshire

Location

Listing Courtesy of Compass, Brett Alphin, DRE #01998404

Sold By Coldwell Banker Realty, Ann Hwang, DRE #01017303

Add your commute
LISTING UPDATED: 08/23/2021 09:58 AM

Property Details for 1260 South Citrus Avenue

StatusSold
MLS #21-714514
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.14 AC / 6,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Brett Alphin, DRE #01998404

Sold By Coldwell Banker Realty, Ann Hwang, DRE #01017303

Add your commute

Virtual Tour

Building Information for 1260 South Citrus Avenue

Stories1Residences-Year Built1926Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$8,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$1,411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1260 South Citrus Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: Yes
  • View Description: City
  • View: City Lights
  • Security Features: Gated
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heaters: Yes
  • Water Heater Features: Multi-Tank
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $65,628
  • Net Operating Income: $61,128.00
  • Gross Income: $65,628
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $23.00
  • Actual Annual Gross Rent: $65,628.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 4500
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1377
  • Lot Size Square Feet: 6000
  • Lot Features: Front Yard, Yard, Lawn, Rectangular Lot
  • Lot Description: Fenced Yard, Front Yard, Yard, Sidewalks, Lawn, Lot Shape-Rectangular
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 8
  • Covered Parking: 2
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Driveway
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Den, Living Room, Walk-In Closet
  • Rooms: Den, Den/Office, Dining Area, Pantry, Living Room, Gym, Walk-In Closet
  • Fireplace Features: Dining Room, Electric, Living Room, Master Bedroom, Gas, Family Room, Den
  • Fireplace Rooms: Dining, Electric, Living Room, Master Bedroom, Gas, Family Room, Den
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood, Tile
  • Equipment: Cable, Dryer, Dishwasher, Microwave, Gas Dryer Hookup, Washer, Range/Oven, Refrigerator, Phone System, Hood Fan, Freezer
  • Kitchen Features: Remodeled
  • Bathroom Features: Shower and Tub, Tile
  • Bedroom Features: All Bedrooms Down, Ground Floor Master, WalkInCloset
  • Common Walls: Attached
  • Cooking Appliances: Gas, Oven-Gas, Microwave
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Spanish Tile
  • Patio Features: Covered Porch, Porch - Front, Lanai
  • Windows: Garden Window
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Full Copper Plumbing, French Doors
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-05-2021
  • Listing Terms: Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Cable TV, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $3,100.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,369.00
  • Unit Actual Rent: $2,369.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 2
  • Number Patio: 2
  • Number Range: 2
  • Number Refrigerator: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $187,432.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $749,731.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $937,163.00

Property History for 1260 South Citrus Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1260 South Citrus Avenue

Taxable ValueLand$1,173,000Additions$204,000Total$1,377,000
Tax Record2023$16,936 ($1,411 / month)
Home Facts
Total Finished SqFt2,202 SqFtAbove Grade Finished SqFt2,202 SqFtLot Size6,000 SqFtStyleDuplexYear Built1926ZoningLAR3CountyLOS ANGELESAPN5084-026-015

Schools near 1260 South Citrus Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Wilshire Crest Elementary School
PublicK to 5

Los Angeles Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Brett Alphin, DRE #01998404

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.