811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,275,000
Est. payment | /mo

3 Beds

2 Baths

2,090 SqFt


Save
$ 1,275,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,090 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,090 sqft

Price per Sqft $610

MLS Listing ID 26654465

Bedrooms 3

Year Built 1923

Lot Size 6,005 Sqft

Acres 0.1379

Property Sub-Type Multi-Family

Property Description

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!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Other

Exterior

Parking Features Driveway

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida, 32202, United States

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

811 N Citrus Ave