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$1,249,000
Listing Price3beds
2baths
2,090sqft
6,003sqft lot
811 N Citrus Ave, Los Angeles, CA 90038
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exceptional investment opportunity in the heart of Hollywood's highly sought-after Media District. This well-maintained Spanish-style duplex offers immediate, stable cash flow with **$69,168 in annual gross rental income ($5,764/month)** and will be delivered with tenants in place, making it an ideal acquisition for investors seeking dependable income from day one.The property consists of two spacious units: a 2-bedroom, 1-bathroom unit currently rented for **$3,285/month** and a 1-bedroom, 1-bathroom unit currently rented for **$2,479/month**. Both residences feature generous floor plans, abundant natural light, and classic Spanish architectural charm that continues to attract long-term tenant demand.Recent capital improvements include a **brand-new roof**, providing added value while reducing near-term maintenance costs. Additional amenities include a charming shared courtyard, a lush tree-lined backyard, and garage spaces that provide added convenience for tenants.Beyond its strong in-place income, the property offers compelling long-term upside. Zoned **R2**, the site may accommodate up to **two ADUs** (buyer to verify with the City of Los Angeles), presenting an opportunity to significantly increase future rental income and overall asset value.Ideally located just moments from major film and television studios, Pink's Hot Dogs, Providence, Sprouts Farmers Market, Poinsettia Recreation Center, and numerous dining and entertainment destinations, the property benefits from
Interior Details
2090
3
2
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6003
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,995
$142,116
$86,271
--%
$228,387
2019
$2,995
$139,330
$84,580
--%
$223,910
2018
$2,914
$136,599
$82,922
--%
$219,521
2017
$2,856
$133,921
$81,297
--%
$215,218
2016
$2,772
$131,296
$79,703
--%
$210,999
2014
$2,758
$126,791
$76,969
--%
$203,760
2013
$2,753
$126,218
$76,622
--%
$202,840
2012
$2,717
$123,744
$75,120
--%
$198,864
Average Home Price in 90038
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





