RealKey
‪(213) 433-7766‬

1036 S Citrus Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

1036 S Citrus Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,475,000
1036 S Citrus Avenue, Los Angeles, California 90019
0Bed
0Bath
3,096Sqft
6,816Lot
Year Built
1926
Close
-
List price
$1.48M
Original List price
$1.48M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
TR25219176
Home ConditionFair
Features
Good View: Neighborhood, Panoramic
Patio
ViewNeighborhood, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.48M(54th), sqft - 3096(46th), beds - undefined(50th), baths - undefined(50th).

Charming rear triplex in desirable Mid-Wilshire featuring hardwood floors, freshly painted exterior, detached 3-car garage, fruit trees, and a private backyard. Fully occupied. Unit 1036: 1BR/1BA upstairs with vaulted ceilings, fireplace, balcony, in-unit laundry, and A/C—occupied by a long-term tenant. Unit ½: bright 1BR/1BA upstairs with views, currently vacant at $2,050/mo. Unit 1038: spacious 2BR/2BA with fireplace, formal dining, bonus room, and laundry- tenant opts not to take a garage at this moment; otherwise, $100 rent per month. Each unit includes its own water heater, washer/dryer, and refrigerator. Electrical panel upgraded in 2012. A rare investment opportunity with character, stability, and strong rental upside in one of LA’s most sought-after neighborhoods.

Price History

Date
Event
Price
10/01/25
Listing
$1,475,000
04/06/12
Sold
$690,000
Condition Rating
Fair
Built in 1926, this property is well-maintained with charming original features like hardwood floors and a freshly painted exterior. While the electrical panel was upgraded in 2012, the bathrooms, as seen in the images, are functional but clearly dated in style with older vanities, fixtures, and tile work, suggesting renovations that are 15-30 years old or older. Kitchens are not pictured but are likely similar. The property is livable but requires minor updates to modernize the wet areas and bring the overall aesthetic up to current standards.
Pros & Cons

Pros

Income-Generating Triplex: A rare investment opportunity as a fully occupied (mostly) triplex in a prime location, offering immediate rental income and strong upside potential.
Prime Mid-Wilshire Location: Situated in the highly desirable Mid-Wilshire/Hancock Park area, ensuring consistent tenant demand and strong property appreciation.
Historic Charm & Character: Built in 1926, the property retains charming architectural details like hardwood floors, vaulted ceilings, and fireplaces, complemented by a freshly painted exterior, fruit trees, and a private backyard.
Tenant-Friendly Amenities: Each unit is equipped with its own water heater, in-unit washer/dryer, and refrigerator, enhancing tenant appeal and reducing landlord management.
Infrastructure Upgrades & Garage: Key infrastructure includes an upgraded electrical panel (2012) and a valuable detached 3-car garage, adding to the property's functionality and appeal.

Cons

Age-Related System Concerns: As a 1926 build, while some upgrades exist, other major systems (e.g., plumbing, roof, foundation) may require significant capital expenditure in the near future.
Limited Immediate Rent Growth: The presence of a long-term tenant in Unit 1036 suggests potential for below-market rent, limiting immediate income growth for that specific unit until turnover.
Partial Vacancy & Underutilized Garage: Unit 1/2 is currently vacant, and one tenant is not utilizing a garage space, indicating the property is not yet generating its full potential income.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state