1268 S Citrus Ave

Strategically located south of Olympic Blvd and west of Rimpau Blvd, this fully renovated Spanish-style quadruplex in the heart of Mid-Wilshire presents an unbeatable investment opportunity with a 5% CAP rate and 14.8 GRM, featuring four 2-bedroom, 1-bath units, each thoughtfully upgraded with sleek quartz countertops, high-end stainless steel appliances, stylish flooring, in-unit laundry with owner-owned washers and dryers, newer double-pane windows, and upgraded electrical panels, while offering four designated parking spaces, separate gas meters, and newly installed sewer and electrical systems; the property has undergone seismic retrofit improvements, and each unit is equipped with a tankless water heater and separately metered gas and electricity, ensuring modern convenience, energy efficiency, and long-term value; additionally, with strong value-add potential and a prime location attracting tenants priced out of Miracle Mile to the north and Culver City to the west, this property presents a rare and lucrative investment opportunity in one of Los Angeles' most sought-after rental markets.

This is the ideal situation for an owner or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer.

This home located at 1268 S Citrus Ave is currently active and has been available on pardeeproperties.com for 47 days. This property is listed at $2,269,000. It has 8 beds and 4 bathrooms. The property was built in 1924. 1268 S Citrus Ave is in the Hancock Park-Wilshire community of Los Angeles County.

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