1015 S Citrus
Los Angeles, CA, 90019 $ 4,250,000
Bedrooms-- Baths4.0 Sq 7,415 Monthly Estimate*
$ 29,354
Listed by Lauren Cearley, Myunits.com Inc., lauren@myunits.com
for $4,250,000 with 4 full baths. This 7,415 square foot home was built in 2026 on a lot size of 0.1633.
1015 S Citrus is a massive brand new construction, luxury 5-Unit in prime Mid-Wilshire/Miracle Mile area. Set on a quiet, tree lined street with standout curb appeal, this luxury asset delivers a projected 5.76% cap rate supported by $313,800 in gross potential income. The property features an unbeatable unit mix with two large four bedroom units and three equally impressive three bedroom units, all townhome style with tenant friendly layouts. These residences live like high end homes, offering oversized kitchens, generous living rooms, designer tile work, modern cabinetry, stainless steel appliances, large closets, abundant natural light, and multiple balconies. The location is a major draw for younger, career stable renters who want to live near the Miracle Mile and Mid Wilshire employment corridor. With Cedars Sinai Medical Center, CBS Television City, The Grove retail district, and the expanding Wilshire creative and media corridor, this pocket has become a favored home base for professionals seeking shorter commutes, modern housing, and central access to Beverly Hills, Hollywood, and Downtown LA. This combination of central location, lifestyle amenities, and proximity to major employment hubs creates a deep, reliable tenant pool and sustained rental demand. With separate utility meters, brand new systems, drought tolerant landscaping, ample parking, and a full one year builder’s warranty, this is a low maintenance, high desirability investment. 1015 S Citrus blends luxury design with strong income performance in one of the most central neighborhoods in Los Angeles.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dryer Washer
Garage Spaces 3
Pool Features None
Year Built 2026
Electric Standard
Tenant Pays All Utilities
View City Lights
Levels Three Or More
Property Subtype Apartment
Gross Income 313800
Community Features Sidewalks
County Los Angeles
Net Operating Income 244681
Operating Expense 56568
Insurance Expense 2393
New Construction true
Property Type Residential Income
MaintenanceExpense 2000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From the 10 Freeway exit La Brea Avenue and head north. Turn left on Olympic Boulevard then left on S Citrus Avenue. The property is at 1015 S Citrus Ave.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 7115
Number of Units Leased 5
Listing Terms Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 77
Total Actual Rent 26150
Property Sub Type Additional Apartment
Taxes 50975
Cap Rate 5.76
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InteriorFireplace Features None
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup Inside
Entry Level 1
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ExteriorParking Features Assigned
Lot Features Front Yard
Water Source Public
Total Parking 9
Lot Size Area 7115
Number of Buildings 2
Spa false
Building Area Total 7415
Lot Size Acres 0.1633
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList ByLauren CearleyListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $29,354
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,921,867
Percent of Sale Price 55%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/15/2026 | $4,250,000 | | Listed Price |