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1019 S Citrus Avenue

Los Angeles, CA 90019
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Bed 16

Bed

Bath 16

Bath

SqFt8,179

Sqft

SqFt7,433

Sqft(Lot)

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 marke t, 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,195,000

AD Id : 91422411

MLS Id : 26991445

Beds : 16

Lot Size : 7,433 Sq. Ft

Living Area Size : 8,179 Sq. Ft

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 16
  • Interior Features

    Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 2026
    Building Area Total: 8179
    Private Pool: No

  • Lot Information

    Main Square Feet: 7433 Lot Size Acres: 0.1706 Lot Size Square Feet: 7,433

  • Listing Price Information

    Listing Price: $4195000

  • Tax Information

    Parcel Number: 5084010004

  • Parking Information

    Parking Total: 9

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: 1019 S. Citrus Ave, 90019
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 6,257 Sq. Ft
1254 S Manhattan, Los Angeles, CA, 90019 $1,590,000 6 4 3,024 8,439 Sq. Ft
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,300,000 4 2 1,830 6,185 Sq. Ft
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 7,502 Sq. Ft
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 12 7,360 6,870 Sq. Ft
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,125,000 9 5 7,512 13,152 Sq. Ft
1021 S Gramercy Place, Los Angeles, CA, 90019 $1,195,000 5 5 3,518 9,003 Sq. Ft
939 S Wilton Place, Los Angeles, CA, 90019 $2,600,000 12 10 5,359 8,303 Sq. Ft
1057 S Gramercy Place, Los Angeles, CA, 90019 $1,850,000 5 3 3,601 8,251 Sq. Ft
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 13,166 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 05:11

MLS: 26991445 LISTED BY: Adam Shamooelian, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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