811 N Citrus Ave Los Angeles, CA 90038 New

UPDATED: 07/28/2026 04:26 PM ON MARKET: 1 days on market

$1,249,000

3 Beds2 Baths2,090 SqFt

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!

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.


Based on information from the Association of REALTORS®/Multiple Listing as of 07/29/2026 21:00. 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.

Based on information from California Regional Multiply Listing Service, Inc. as of 2026 and/or other resource. 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 of 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. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®, Inc