1036 S Citrus Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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1036 S Citrus Avenue
Los Angeles, California 90019
ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
3,096Sq Ft
6,816Lot Size
Property Price
LIST PRICE$1,435,000
EST. MARKET VALUE
$1,419,398
SUMMARY
This Mid-Wilshire triplex presents a High-Potential Investment Opportunity with a List Price of $1,380,000—positioned well below the $1,380,898 Fair Market Value by 0.06%. Featuring a Condition Rating of 4, the property offers modernized infrastructure, including a 2012 electrical upgrade and 2025 exterior paint. With one unit currently vacant, this asset provides immediate rental upside and long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in a prime Los Angeles location.
Estimated Market Value
$1,419,398
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1036 S Citrus Avenue Subject | $1,435,000* List Price | 0 | 0 | 3,096 | $458 | - |
A 1373 S Orange Drive Active Under Contract | $1,495,000 List Price | 0 | 0 | 3,079 | $486 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1926, this property is well-maintained but dated. While the exterior was recently painted (2025) and the electrical panel was upgraded in 2012, the kitchens and bathrooms show signs of age with older cabinetry and fixtures. The property is functional and move-in ready, but the interior finishes are likely over 20 years old, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Mid-Wilshire Location
Situated in the highly desirable Hancock Park-Wilshire area, this property offers excellent stability and long-term appreciation potential in one of Los Angeles' most sought-after rental markets.
- Modernized Infrastructure
The property features significant capital improvements including a 2012 electrical panel upgrade, individual water heaters and laundry for each unit, and a freshly painted exterior as of 2025.
- Versatile Income Potential
With a detached 3-car garage, private backyard, and a vacant unit ready for immediate market-rate leasing, the property provides multiple avenues for maximizing cash flow and rental upside.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
Being mostly occupied by long-term tenants may limit immediate rent increases to market rates, and current tenant preferences regarding garage use impact potential ancillary income.
- Vintage Property Maintenance
As a 1926 structure, the property may require ongoing specialized maintenance and oversight typical of vintage buildings, despite recent cosmetic and electrical improvements.
About 1036 S Citrus Avenue
Priced below online estimates: Charming rear triplex in desirable Mid-Wilshire featuring hardwood floors, Newly painted exterior,(2025), 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 being leased 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. Buyer may cooperate IRC 1031 exchange at no cost to the buyer. *** Property showings will be permitted only upon submission of an offer satisfactory to the Seller, with no exceptions.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1926
- Lot Size
- 6,816 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,096 | 2,187.451 |
| Lot Size | 6,816 | 5,841.385 |
| Price | $1.44M | $841.5K |
| Price per sq ft | $464 | $385 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 25 | 85 |
Pricing History
Listed for Sale
Sep 7, 2026
$1,435,000
$1,380,000
+4% Price Increase
Initial Listing
Price Change
Aug 15, 2026
$1,380,000
Initial Listing
Sold
Apr 6, 2012
$690,000
Public Record