811 N Citrus Avenue, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
811 N Citrus Avenue,Los Angeles, CA 90038
$1,275,000
- 3 Beds
- - Baths
- 2,090 sq. ft.
- Multi-family
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:CL26654465
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,275,000
- Price per sq. ft.:$610.05
About this home
Step into timeless character and modern convenience with this beautifully maintained 1920s Spanish-style duplex ideally situated in Hollywood's vibrant Media District. Perfect for both owner-users and savvy investors, the property features two spacious light-filled units: one 2-bedroom 1-bathroom (paying $3,285/month) and one 1-bedroom 1-bathroom (paying $2,479/month). Each unit offers a private home-like feel with generous layouts designed for comfort and tranquility.The lush tree-lined backyard serves as a peaceful retreat ideal for morning coffee, gardening, or weekend entertaining. Additional highlights include a charming shared courtyard and garage spaces that offer added convenience and storage for tenants. The seller has recently installed a brand-new roof, providing added peace of mind and reducing future maintenance costs. Zoned R2, the property also presents excellent future upside potential, as up to two ADUs may be constructed on the lot (buyer to verify with the City of Los Angeles), creating an opportunity to significantly increase rental income and long-term value. Live in one unit and rent the other, expand the income footprint with additional units, or enjoy solid passive income by adding this gem to your portfolio.Currently generating $5,764/month in rental income, this property offers dependable cash flow in a prime location. Just steps from local favorites like Pink's Hot Dogs, Providence, Sprouts Farmers Market, Poinsettia Recreation Center, and major media studios, this duplex places you in the center of it all while providing a serene escape from city life. Don't miss this rare opportunity to own a piece of one of L.A.'s most sought-after neighborhoods with both strong in-place income and compelling development potential. Seller intends to perform an IRS Section 1031 tax-deferred exchange and requests buyer's cooperation. Interior inspection subject to an accepted offer, please do not disturb current tenants. Contact listing agent for more information!...
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Home facts
- Year built:1923
- Listing ID #:CL26654465
- Added:423 day(s) ago
- Updated:June 29, 2026 at 02:30 PM
Rooms and interior
- Bedrooms:3
- Living area:2,090 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1923
- Building area:2,090 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,275,000
- Price per sq. ft.:$610.05
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