Property Detail

1200 Citrus

Los Angeles CA 90019

$3,150,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Bryan Glenn of Kidder Mathews of California, Inc.. Last updated 2025-08-25 08:11:38.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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