1015 S Citrus, Los Angeles, CA 90019
- $4,250,000
- List Price
- $4,250,000
- Status
- ACTIVE
- MLS#
- BB26202296
- Year Built
- 2026
- Lot Size
- 7,115
- Acres
- 0.16
- Lot Location
- Front Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
1015 S Citrus is a massive brand new construction, luxury 5-Unit in prime Mid-Wilshire/Miracle Mile area. Set on a quiet, tree lined street with standout curb appeal, this luxury asset delivers a projected 5.76% cap rate supported by $313,800 in gross potential income. The property features an unbeatable unit mix with two large four bedroom units and three equally impressive three bedroom units, all townhome style with tenant friendly layouts. These residences live like high end homes, offering oversized kitchens, generous living rooms, designer tile work, modern cabinetry, stainless steel appliances, large closets, abundant natural light, and multiple balconies. The location is a major draw for younger, career stable renters who want to live near the Miracle Mile and Mid Wilshire employment corridor. With Cedars Sinai Medical Center, CBS Television City, The Grove retail district, and the expanding Wilshire creative and media corridor, this pocket has become a favored home base for professionals seeking shorter commutes, modern housing, and central access to Beverly Hills, Hollywood, and Downtown LA. This combination of central location, lifestyle amenities, and proximity to major employment hubs creates a deep, reliable tenant pool and sustained rental demand. With separate utility meters, brand new systems, drought tolerant landscaping, ample parking, and a full one year builder’s warranty, this is a low maintenance, high desirability investment. 1015 S Citrus blends luxury design with strong income performance in one of the most central neighborhoods in Los Angeles.
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Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $313,800
- Operating Expense
- 56568
Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.