1036 S Citrus Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
1036 S Citrus Avenue
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 1036 S Citrus Avenue, Los Angeles, California 90019 is currently available with a list price of $1,475,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 1036 S Citrus Avenue
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1926
- Lot Size
- 6,816 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,096 | 2,708 | 63% |
| Lot Size | 6,816 | 6,167 | 63% |
| Price | $1.48M | $1.10M | 68% |
| Price per sq ft | $476 | $475 | 53% |
| Built year | 1926 | 1929 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 156 | 191 | 32% |
Pricing History
Listed for Sale
Oct 1, 2025
$1,475,000
Initial Listing
Sold
Apr 6, 2012
$690,000
Public Record