493 San Vicente Boulevard, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
493 San Vicente Boulevard,Los Angeles, CA 90019
$1,426,000
- 6 Beds
- 6 Baths
- 5,438 sq. ft.
- Multi-family
- Active
Listed by: eliyahu appel
Office: equity union818-989-2000
MLS#:26876787
Source:CRMLS
Price summary
- Price:$1,426,000
- Price per sq. ft.:$262.23
About this home
The Appel Group is proud to present the exclusive listing of 1296 S. Citrus Ave & 493 San Vicente Blvd, a six-unit multifamily asset in the heart of Los Angeles's coveted Mid-Wilshire submarket. Built in 1927, this french provincial style, two-story property pairs timeless architectural character with modern-day comfort, offering investors a rare combination of stable in-place income, meaningful rental upside, and a clear path to additional density. Located steps from the Miracle Mile and Museum Row, 1296 S. Citrus Ave stands as a well-positioned, income-producing asset in one of Los Angeles's most connected and culturally rich neighborhoods. The property features six spacious one-bedroom, one-bathroom residences, each appointed with hardwood floors, wall-mounted heating and air conditioning, dual- pane windows, and updated kitchens and bathrooms, with select units opening through private walk-up entrances. Four carport spaces and a two-car garage provide secure, convenient parking for residents, further enhancing the asset's long-term appeal. The story doesn't end at curb appeal. Ready-to-Issue (RTI) plans are already secured for a two-bedroom, two-bathroom ADU, opening a defined path to a seventh income-producing unit and additional upside. In-place rents also sit meaningfully below market, giving the numbers their own story of durable income and embedded growth as units turn over. Whether the strategy is aggressive value-add or long-term hold, this asset delivers upside rarely available at this basis in Mid-Wilshire. The location is equally compelling. 1296 S. Citrus Ave scores an impressive 88 on Walk Score, meaning residents can leave the car behind for daily errands, dinner, and entertainment. Neighborhood favorites like All Season Brewery, Fortune House, and Little Miss Cafe are all within easy reach, while Ralphs at Wilshire Boulevard and Hauser Boulevard keeps grocery runs simple. World-class culture waits close by too, with the Los Angeles County Museum of Art, La Brea Tar Pits and Museum, and Petersen Automotive Museum anchoring nearby Museum Row, and the Wilshire Boulevard corridor connecting residents to Koreatown, Downtown Los Angeles, and the Westside in minutes. For an investor seeking durable in-place income paired with a defined path to additional upside, 1296 S. Citrus Ave offers a compelling opportunity in one of Los Angeles's most established and well-connected submarkets, a six-unit asset with modernized interiors, secured ADU entitlements, and embedded rent growth in the heart of Mid-Wilshire....
Contact an agent
Home facts
- Year built:1927
- Listing ID #:26876787
- Added:67 day(s) ago
- Updated:October 31, 2026 at 12:44 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Kitchen Description:Disposal, Refrigerator
- Living area:5,438 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1927
- Building area:5,438 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,426,000
- Price per sq. ft.:$262.23
Features and amenities
- Appliances:Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Parking description:4 Carport Space(s), Detached Carport
- Garage:Yes
- Garage spaces:2
- Carport spaces:4
New listings near 493 San Vicente Boulevard
- Coming Soon
$1,149,000Coming Soon4 beds 2 baths1,965 sq. ft.5365 Campo Road, Woodland Hills, CA 91364
MLS# 26105614Listed by: PINNACLE ESTATE PROPERTIES - N - Coming Soon
$465,000Coming Soon2 beds 2 baths1,052 sq. ft.12521 Ralston #4, Sylmar, CA 91342
MLS# SR26234490Listed by: KELLER WILLIAMS REALTY-STUDIO CITY - Coming Soon
$4,250,000Coming Soon5 beds 6 baths4,200 sq. ft.4820 Coolidge Avenue, Culver City, CA 90230
MLS# 26105230Listed by: JESSE WEINBERG - Coming Soon
$899,000Coming Soon2 beds 3 baths1,520 sq. ft.1120 N El Centro Avenue #1, Los Angeles, CA 90038
MLS# 26105359Listed by: BROKERINTRUST REAL ESTATE - SHAWN SHAI HALAHMY - Coming Soon
$1,799,000Coming Soon3 beds 2 baths1,786 sq. ft.1901 S Sherbourne, Los Angeles, CA 90034
MLS# CV26181067Listed by: SEVEN GABLES REAL ESTATE - Coming Soon
$1,999,000Coming Soon4 beds 3 baths2,623 sq. ft.20313 Strelna, Woodland Hills, CA 91364
MLS# SR26232582Listed by: COMPASS - Coming Soon
$1,150,000Coming Soon4 beds 3 baths2,738 sq. ft.5665 Como Circle, Woodland Hills, CA 91367
MLS# SR26233911Listed by: COMPASS - Coming Soon
$775,000Coming Soon3 beds 3 baths1,673 sq. ft.14853 Hartsook #104, Sherman Oaks, CA 91403
MLS# CV26233916Listed by: VISMAR REAL ESTATE - Coming Soon
$1,049,000Coming Soon3 beds 2 baths1,729 sq. ft.1970 N Beverly Glen Boulevard, Los Angeles, CA 90077
MLS# PW26206432Listed by: FIRST TEAM REAL ESTATE NORTH TUSTIN - Coming Soon
$3,395,000Coming Soon3 beds 3 baths3,150 sq. ft.1111 S Grand #PH5, Los Angeles, CA 90015
MLS# WS26233784Listed by: KELLER WILLIAMS PREMIER PROPER