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Jim & Jennie Real Estate Group

jimandjennie.re@gmail.com +1(619) 840-2023

$1,380,000

Est. payment - /mo

4 Beds

4 Baths

6,816 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID TR26171999

Bedrooms 4

Lot Size 6,816 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Priced below online estimates: Charming rear triplex in desirable Mid-Wilshire featuring hardwood floors, Newly painted exterior,(2025), detached 3-car garage, fruit trees, and a private backyard. Fully occupied. Unit 1036: 1BR/1BA upstairs with vaulted ceilings, fireplace, balcony, in-unit laundry, and A/Coccupied by a long-term tenant. Unit : bright 1BR/1BA upstairs with views, currently being leased at $2,050/mo. Unit 1038: spacious 2BR/2BA with fireplace, formal dining, bonus room, and laundry- tenant opts not to take a garage at this moment; otherwise, $100 rent per month. Each unit includes its own water heater, washer/dryer, and refrigerator. Electrical panel upgraded in 2012. A rare investment opportunity with character, stability, and strong rental upside in one of LAs most sought-after neighborhoods. Buyer may cooperate IRC 1031 exchange at no cost to the buyer. *** Property showings will be permitted only upon submission of an offer satisfactory to the Seller, with no exceptions.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Olympic Bl, West of S. Highland Av., North of Edgewood Pl., East of Manfield Av.,

Interior

Cooling Wall/Window, Zoned Area(s)

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5084009023

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Virtual Tour https://www.wellcomemat.com/video/596s940679ea1mc86/LA/CA/90019/S-Citrus/TR25219176/

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Listed by Kenneth Tananan, DRE#01026395 Re/Max Top Producers

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Jim & Jennie Real Estate Group

+1(619) 840-2023

Broker/CEO License ID: 01879102

1036-S Citrus Avenue Los Angeles, CA 90019

Jim & Jennie Real Estate Group

Key Details

Location

Interior

Exterior

Building

Others

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1036-S Citrus Avenue