1019 S Citrus Avenue, Los Angeles, CA 90019
Local realty services provided by:ERA North Orange County Real Estate
1019 S Citrus Avenue,Los Angeles, CA 90019
$4,195,000
- 16 Beds
- 16 Baths
- 8,179 sq. ft.
- Multi-family
- Active
Listed by: adam shamooelian
Office: keller williams beverly hills310-432-6400
MLS#:26991445
Source:CRMLS
Price summary
- Price:$4,195,000
- Price per sq. ft.:$512.9
About this home
Welcome to 1019 S. Citrus Ave, an exceptional brand-new 2026 construction luxury five-unit investment in the heart of Miracle Mile/Mid-City. Delivering an impressive projected 6.02% cap rate and spanning approximately 8,179 square feet, the property combines striking modern design, oversized residences, strong income potential, and a highly central Los Angeles location. The outstanding unit mix includes spacious four-, three-, and two-bedroom residences generating approximately $321,540 in annual scheduled gross income at the asking price of $4,195,000. At approximately $512 per square foot, the property offers an exceptionally rare basis for brand-new construction of this quality in such a prime and centrally located Los Angeles neighborhood. Thoughtfully designed for today's rental market, the residences feature generous open-concept layouts, oversized bedrooms, expansive kitchens, modern cabinetry, stone countertops, stainless steel appliances, contemporary finishes, abundant natural light, ample closet space, and in-unit laundry. The well-designed floor plans offer the scale and functionality rarely found in traditional multifamily product, allowing the residences to live and feel more like individual homes. Select units offer additional private outdoor space, including a private backyard for the rear residence. The property offers excellent curb appeal highlighted by a newly completed front lawn and landscaping, along with 9 on-site parking spaces. Brand-new building systems, separately metered utilities, and modern low-maintenance construction further enhance the investment profile and help minimize near-term capital expenditures. Centrally located near Mid-Wilshire, Miracle Mile, Beverly Hills, West Hollywood, Culver City, and West Adams, 1019 S. Citrus provides convenient access to many of Los Angeles' major employment, dining, shopping, and entertainment destinations. Its central location, combined with the appeal of brand-new construction, oversized bedrooms, and spacious floor plans, positions the property well for continued rental demand. With brand-new 2026 construction, five luxury residences, a projected 6.02% cap rate, and a difficult-to-replicate price per square foot, 1019 S. Citrus presents a compelling opportunity for investors and 1031 exchange buyers seeking a high-quality, low-maintenance multifamily asset in one of Los Angeles' most centrally located neighborhoods....
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Home facts
- Year built:2026
- Listing ID #:26991445
- Added:50 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:8,179 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:2026
- Building area:8,179 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$4,195,000
- Price per sq. ft.:$512.9
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:9
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