810 North Citrus Avenue

Hollywood, CA 90038

$1,600,000
Last Sold Price
7
Beds
5
Baths
3,772 Sq. Ft.
$424 / Sq. Ft.
3,772
Sq. Ft.
$424
per Sq. Ft.

Description

This 4-unit multifamily property is an excellent investment opportunity in the highly sought-after Hollywood and Hancock Park adjacent area of Los Angeles. Situated amidst multi-million dollar homes and in close proximity to popular landmarks such as Paramount Studios, The Grove, and The Hollywood Walk of Fame, the property boasts a prime location. Additionally, it is conveniently located near Melrose Avenue's trendy shops and restaurants, including Osteria Mozza, Petit Trois, the Cat & Fiddle, California...This 4-unit multifamily property is an excellent investment opportunity in the highly sought-after Hollywood and Hancock Park adjacent area of Los Angeles. Situated amidst multi-million dollar homes and in close proximity to popular landmarks such as Paramount Studios, The Grove, and The Hollywood Walk of Fame, the property boasts a prime location. Additionally, it is conveniently located near Melrose Avenue's trendy shops and restaurants, including Osteria Mozza, Petit Trois, the Cat & Fiddle, California Chicken Cafe, and Starbucks. Each unit in the property features central air and heat, a separate water heater, and individual gas and electricity meters. The unit configuration is as follows: Unit 1 has 3 bedrooms and 2 bathrooms, Unit 2 has 1 bedroom and 1 bathroom, Unit 3 features 2 bedrooms and 1 bathroom along with a private balcony and spacious floorplan, and Unit 4 is a 1-bedroom, 1-bathroom ground-floor unit with a basement and washer/dryer hookups. With its attractive location and desirable features, this property presents a promising investment opportunity. Property is close to to Famous Pinks Hot Dogs.
  1. Listed by Arthur Chalekian • DRE #01982432 • Brokerage DRE #01873088 • JohnHart Real Estate • arthur@efprealty.com
  2. Listed by Linda Haim • DRE #01766071 • Brokerage DRE #01873088 • JohnHart Real Estate

Property Details for 810 North Citrus Avenue

Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No

Location

Listing Courtesy of JohnHart Real Estate, Arthur Chalekian, DRE #01982432; JohnHart Real Estate, Linda Haim, DRE #01766071

Sold By JohnHart Real Estate, Arthur Chalekian, DRE #01982432; JohnHart Real Estate, Linda Haim, DRE #01766071

Add your commute
LISTING UPDATED: 06/07/2023 10:17 AM

Property Details for 810 North Citrus Avenue

StatusClosed
MLS #GD23047431
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.14 AC / 6,000 SF
CountyLos Angeles County

Location

Listing Courtesy of JohnHart Real Estate, Arthur Chalekian, DRE #01982432; JohnHart Real Estate, Linda Haim, DRE #01766071

Sold By JohnHart Real Estate, Arthur Chalekian, DRE #01982432; JohnHart Real Estate, Linda Haim, DRE #01766071

Add your commute

Building Information for 810 North Citrus Avenue

Stories-Residences-Year Built1927Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$9,076 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 810 North Citrus Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $117,024
  • Net Operating Income: $92,000
  • Gross Multiplier: 15.38
  • Cap Rate: 5.1
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $720
  • Insurance Expense: $1,900
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Total Expenses: $3,820
Tax / Assessment Info
  • Tax Tract Number: 4608
  • Tax Census Tract: 1919.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 202
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Interior Features: Ceiling Fan(s), Storage
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Features: Assigned, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,189
  • Unit Type Total Rent: $1,189
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,263
  • Unit Type Total Rent: $1,263
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 810 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 810 North Citrus Avenue

Taxable ValueLand$182,605Additions$113,915Total$296,520
Tax Record2023$4,133 ($344 / month)
Home Facts
Total Finished SqFt3,772 SqFtAbove Grade Finished SqFt3,772 SqFtLot Size6,000 SqFtStyleQuadraplexYear Built1927ZoningLAR2CountyLOS ANGELESAPN5524-003-010

Schools near 810 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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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 JohnHart Real Estate, Arthur Chalekian, DRE #01982432; JohnHart Real Estate, Linda Haim, DRE #01766071

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.