806 North Citrus Avenue

Los Angeles, CA 90038

$1,850,000
Price
5
Beds
3
Baths
2,373 Sq. Ft.
$780 / Sq. Ft.
2,373
Sq. Ft.
$780
per Sq. Ft.

Description

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,...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.
  1. Listed by Allen Damon Bell • DRE #02012217 • Brokerage DRE #01375374 • Real Estate eBroker Inc.

Property Details for 806 North Citrus Avenue

Zoning
LAR2
Style
Spanish
Cross Streets
Citrus between Waring and Willoughby
Parcel Number
5524003011
Total Units
3.0
Living Area
2373
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)

Location

Listing Courtesy of Real Estate eBroker Inc., Allen Damon Bell, DRE #02012217
Add your commute
LISTING UPDATED: 04/09/2024 07:51 PM

Property Details for 806 North Citrus Avenue

StatusActive
MLS #24-365491
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,002 SF
CountyLos Angeles County

Location

Listing Courtesy of Real Estate eBroker Inc., Allen Damon Bell, DRE #02012217
Add your commute

Building Information for 806 North Citrus Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.14 AC / 6,002 SF

Payment Calculator

$11,150 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,054

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 806 North Citrus Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Tri-plex
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $119,400
  • Net Operating Income: $103,100.00
  • Gross Income: $119,400
  • Gross Rent Multiplier: $16.00
  • Total Annual Expense: 16300
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6002
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 5
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door, Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Cable, Dryer, Dishwasher, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Washer, Water Filter, Refrigerator
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 03-06-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,795.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,950.00
  • Unit Actual Rent: $3,950.00
  • Unit Projected Rent: $3,950.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $133,967.00
  • Assessed Improvement Percent: 13.17
  • Assessed Land Value: $882,913.00
  • Assessed Land Percent: 86.83
  • Assessed Total Value: $1,016,880.00

Property History for 806 North 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 806 North Citrus Avenue

Taxable ValueLand$882,913Additions$133,967Total$1,016,880
Tax Record2023$12,650 ($1,054 / month)
Home Facts
Total Finished SqFt2,373 SqFtAbove Grade Finished SqFt2,373 SqFtLot Size6,000 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5524-003-011

Schools near 806 North Citrus Avenue

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

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

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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806 North Citrus Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on March 6, 2024 by Real Estate eBroker Inc., it's currently listed at $1,850,000. It has been on the market for a total of 55 days and was last sold on January 24, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 806 North Citrus Avenue is a 5-bed, 3-bath, 2,373 sqft multi-family home built in 1924.

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 Real Estate eBroker Inc., Allen Damon Bell, DRE #02012217

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.