1304 N Citrus Ave Los Angeles, CA 90028
Hollywood NeighborhoodEstimated payment $11,000/month
About This Lot
We are pleased to offer for sale a development site at 13041306 Citrus Avenue, located adjacent to West Hollywood. A duplex currently sits on the site, which spans a 7,296 square foot parcel, offering a rare opportunity for a developer to acquire land in one of the most supply-constrained pockets of Los Angeles. The immediate area has seen multiple new developments in recent years, reinforcing the strength of the submarket and ongoing demand for high-quality housing. Situated just north of Santa Monica Boulevard and east of La Brea, the property benefits from its proximity to West Hollywood a submarket that continues to attract top-tier tenants, investors, and capital due to its lifestyle appeal, walkability, and enduring rent growth. Citrus Avenue is a quiet, tree-lined street with a Walk Score of 95, surrounded by boutique retail, fitness studios, and some of LA's most iconic nightlife and dining options. This rare infill development site allows a buyer to maximize building potential, with strong underlying zoning and proximity to some of the highest-performing rental stock in the city. 13041306 Citrus Avenue presents a compelling opportunity for investors seeking exposure to a high-barrier-to-entry location with long-term upside.
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,329
Lot Details
- 7,296 Sq Ft Lot
- Property is zoned LAR3
Location
- City Lot
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5548-024-029
Map
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 | $22,329 | $1,831,104 | $1,456,560 | $374,544 |
2023 | $21,897 | $1,795,200 | $1,428,000 | $367,200 |
2022 | $20,878 | $1,760,000 | $1,400,000 | $360,000 |
2021 | $1,158 | $75,817 | $61,126 | $14,691 |
2020 | $1,163 | $75,041 | $60,500 | $14,541 |
2019 | $1,129 | $73,570 | $59,314 | $14,256 |
2018 | $1,029 | $72,128 | $58,151 | $13,977 |
2016 | $969 | $69,329 | $55,894 | $13,435 |
2015 | $956 | $68,289 | $55,055 | $13,234 |
2014 | $975 | $66,952 | $53,977 | $12,975 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/20/2025 05/20/25 | For Sale | $1,650,000 | -- | $1,004 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,760,000 | Stewart Title Of Ca Inc | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,573,400 | New Conventional | |
Closed | $1,056,000 | New Conventional |
Source: The MLS
MLS Number: 25541259

APN: 5548-024-029
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