1268 S Citrus Ave Los Angeles, CA 90019
Miracle Mile NeighborhoodEstimated payment $14,415/month
Total Views
1,521
8
Beds
4
Baths
3,336
Sq Ft
$674
Price per Sq Ft
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,638
Year Built
- Built in 1924 | Remodeled
Home Design
- Flat Roof Shape
Interior Spaces
- 3,336 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Tankless Water Heater
Additional Features
- 6,001 Sq Ft Lot
- City Lot
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 5084-026-017
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $23,638 | $1,924,740 | $1,456,560 | $468,180 |
| 2023 | $23,184 | $1,887,000 | $1,428,000 | $459,000 |
| 2022 | $14,534 | $1,200,000 | $480,000 | $720,000 |
| 2021 | $8,539 | $682,385 | $409,433 | $272,952 |
| 2019 | $8,292 | $662,147 | $397,290 | $264,857 |
| 2018 | $8,173 | $649,164 | $389,500 | $259,664 |
| 2017 | $8,002 | $636,436 | $381,863 | $254,573 |
| 2016 | $7,795 | $623,958 | $374,376 | $249,582 |
| 2015 | $7,685 | $614,587 | $368,753 | $245,834 |
| 2014 | $7,734 | $602,549 | $361,530 | $241,019 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $2,249,000 | 0.0% | $674 / Sq Ft |
| 05/30/2025 05/30/25 | Rented | $3,300 | 0.0% | -- |
| 05/19/2025 05/19/25 | For Rent | $3,300 | 0.0% | -- |
| 05/13/2025 05/13/25 | For Sale | $2,269,000 | 0.0% | $680 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $2,269,000 | 0.0% | $680 / Sq Ft |
| 03/22/2025 03/22/25 | Rented | $3,200 | 0.0% | -- |
| 02/20/2025 02/20/25 | For Rent | $3,200 | 0.0% | -- |
| 09/28/2021 09/28/21 | Sold | $1,200,000 | -17.2% | $360 / Sq Ft |
| 07/26/2021 07/26/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | For Sale | $1,450,000 | -- | $435 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,850,000 | Fidelity National Title | |
| Grant Deed | $1,200,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $360,000 | American Title Co | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,354,000 | New Conventional | |
| Previous Owner | $660,000 | Commercial | |
| Previous Owner | $270,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: The MLS
MLS Number: 25517493
APN: 5084-026-017
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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