This is a true value add investment opportunity in the heart of Los Angeles. The property features one and two-bedroom units with a central courtyard and on-site parking. The structures sit on a large corner lot totaling 14,140 square feet. As an investment, there is almost 50% upside in the current rents. An investor can implement a strategic interior and exterior renovation strategy with the goal of increasing rents and taking advantage of the strength of this submarket. In addition, the property features detached carports which may provide potential to create ADUs at the property. The property also features coin operated laundry on-site.
Listed by Bryan Glenn
·
License #01441095
·
Kidder Mathews of California, Inc.
·
818-201-4583
Last updated November 14, 2025
·
Source: CRMLS #25581297
Listing Facts
TypeMulti-family
NeighborhoodMid - Wilshire
Days on Prevu93
Size10,278 sqft
Price per sqft$306
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/15/2025
Status changed to Active
$3,150,000
10/26/2025
Status changed to Pending
$3,150,000
10/24/2025
Status changed to Removed from Feed
$3,150,000
10/23/2025
Status changed to Pending
$3,150,000
10/22/2025
Status changed to Removed from Feed
$3,150,000
10/14/2025
Status changed to Pending
$3,150,000
10/05/2025
Status changed to Active
$3,150,000
10/03/2025
Status changed to Removed from Feed
$3,150,000
09/23/2025
Status changed to Active
$3,150,000
09/23/2025
Status changed to Pending
$3,150,000
09/21/2025
Status changed to Removed from Feed
$3,150,000
09/11/2025
Status changed to Pending
$3,150,000
09/09/2025
Status changed to Removed from Feed
$3,150,000
09/09/2025
Status changed to Pending
$3,150,000
09/06/2025
Status changed to Removed from Feed
$3,150,000
08/26/2025
Status changed to Pending
$3,150,000
08/18/2025
Listed by Kidder Mathews of California, Inc.
$3,150,000
Property Details for 1200 S Citrus Avenue
Exterior
Construction
Number Of Units Total: 16
Stories: 1
Stories Total: 2
Year Built: 1951
Measurements
Building Area Total: 10,278
Lot Size Acres: 0.32
Lot Size Area: 14,139
Lot Size Square Feet: 14,139
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $293,656.00
Taxes
Parcel Number: 5084027014
Interior
Measurements
Living Area: 10,278
Parking
Parking
Carport: Yes
Parking Features: Detached Carport, Uncovered
Parking Total: 12
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Wall Furnace
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.