811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
811 N Citrus Ave, Los Angeles, CA 90038
31
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$1,249,000
Est. payment /mo
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3 Beds
2 Baths
2,090 SqFt
New

811 N Citrus Ave Los Angeles, CA 90038

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Sheila Ponder

Sheila Ponder

+1(725) 242-3833

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,090 sqft

Price per Sqft $597

MLS Listing ID 26865157

Style Spanish

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1923

Lot Size 6,005 Sqft

Acres 0.1379

Property Sub-Type Single Family Residence

Property Description

Rare opportunity to acquire a classic Spanish duplex in Hollywood's highly sought-after Media District offering immediate rental income and exceptional long-term upside. Property will be delivered with tenants in place, making it an outstanding investment opportunity with $69,168 in annual gross rental income ($5,764/month) from day one. The property features two spacious, light-filled residences consisting of 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. Each unit showcases timeless Spanish architectural charm, generous floor plans, abundant natural light, and a private home-like feel that continues to attract strong tenant demand. Recent capital improvements include a brand-new roof, providing added peace of mind while reducing near-term maintenance costs. Additional amenities include a charming shared courtyard, a lush tree-lined backyard, and garage spaces that offer added convenience for tenants. Beyond its strong in-place income, the property presents excellent future value-add potential. Zoned R2, the site may accommodate up to two ADUs (buyer to verify with the City of Los Angeles), creating an opportunity to significantly increase rental income and long-term asset value. Ideally located just moments from major film and television studios, Pink's Hot Dogs, Providence, Sprouts Farmers Market, Poinsettia Recreation Center, and countless dining and entertainment destinations, this prime Hollywood location continues to experience strong rental demand and long-term appreciation potential. Whether you're completing a 1031 exchange, adding a quality asset to your investment portfolio, or seeking a well-located income property with future upside, 811 N. Citrus Avenue presents a rare opportunity to acquire a well-maintained duplex in one of Los Angeles' most desirable rental markets. Seller intends to perform an IRS Section 1031 tax-deferred exchange and requests buyer's cooperation. Property will be delivered with tenants in place. Please do not disturb current tenants. Contact listing agent for additional info!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR2

Rooms

Other Rooms Shed(s)

Dining Room 0

Interior

Heating Other

Cooling Other

Flooring Hardwood, Carpet

Fireplaces Type Living Room

Equipment Other

Laundry In Unit

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Building

Architectural Style Spanish

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

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Sheila Ponder

Sheila Ponder

Agent | RE.S.0197943

+1(725) 242-3833

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811 N Citrus Ave