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1304 N Citrus Ave

Los Angeles, CA 90028
  • $1,650,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 25541331
UPDATED: 75 min ago
$1,650,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,644
    SQFT
  • $1,004
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Ratings & Info

Description

We are pleased to offer for sale a development site at 1304-1306 Citrus Avenue, located adjacent to West Hollywood. A duplex currently sits on the site, which spans a 7,296 square foot parcel, offering a rare opportunity for a developer to acquire land in one of the most supply-constrained pockets of Los Angeles. The immediate area has seen multiple new developments in recent years, reinforcing the strength of the submarket and ongoing demand for high-quality housing. Situated just north of Santa Monica Boulevard and east of La Brea, the property benefits from its proximity to West Hollywood a submarket that continues to attract top-tier tenants, investors, and capital due to its lifestyle appeal, walkability, and enduring rent growth. Citrus Avenue is a quiet, tree-lined street with a Walk Score of 95, surrounded by boutique retail, fitness studios, and some of LA's most iconic nightlife and dining options. This rare infill development site allows a buyer to maximize building potential, with strong underlying zoning and proximity to some of the highest-performing rental stock in the city.13041306 Citrus Avenue presents a compelling opportunity for investors seeking exposure toa high-barrier-to-entry location with long-term upside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T11:43:18.993. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/164018953
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1304 N Citrus Ave Los Angeles, CA 90028

  • Price: $1,650,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 75 min ago
  • MLS #: 25541331
2
Beds
2
Baths
0
½ Baths
0.17
Acres
1,644
SQFT
$1,004
$/SQFT
1929
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
We are pleased to offer for sale a development site at 1304-1306 Citrus Avenue, located adjacent to West Hollywood. A duplex currently sits on the site, which spans a 7,296 square foot parcel, offering a rare opportunity for a developer to acquire land in one of the most supply-constrained pockets of Los Angeles. The immediate area has seen multiple new developments in recent years, reinforcing the strength of the submarket and ongoing demand for high-quality housing. Situated just north of Santa Monica Boulevard and east of La Brea, the property benefits from its proximity to West Hollywood a submarket that continues to attract top-tier tenants, investors, and capital due to its lifestyle appeal, walkability, and enduring rent growth. Citrus Avenue is a quiet, tree-lined street with a Walk Score of 95, surrounded by boutique retail, fitness studios, and some of LA's most iconic nightlife and dining options. This rare infill development site allows a buyer to maximize building potential, with strong underlying zoning and proximity to some of the highest-performing rental stock in the city.13041306 Citrus Avenue presents a compelling opportunity for investors seeking exposure toa high-barrier-to-entry location with long-term upside.
Exterior Features

Levels One Lot Size Area 7298 Other Structures None Parking Garage None Total Parking 2

Interior Features

Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1831104 Disclosures None Gross Income 102000 Gross Operating Income 102000 Like Units1 1 Like Units2 1 Net Operating Income 57375.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 44625 Type Of Units Residential Year Built Source Assessor Zoning LAR3

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap: 310-909-5500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T11:43:18.993. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
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