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493 San Vicente Boulevard

Los Angeles, CA 90019
Mark as Favorite
Bed 6

Bed

Bath 6

Bath

SqFt5,438

Sqft

SqFt7,049

Sqft(Lot)

The Appel Group is proud to present the exclusive listing of 1296 S. Citrus Ave & 493 San Vicente Blvd, a six-unit multifamily asset in the heart of Los Angeles's coveted Mid-Wilshire submarket. Built in 1927, this french provincial style, two-story property pairs timeless architectural character with modern-day comfort, offering investors a rare combination of stable in-place income, meaningful rental upside, and a clear path to additional density. Located steps from the Miracle Mile and Museum Row, 1296 S. Citrus Ave stands as a well-positioned, income-producing asset in one of Los Angeles's most connected and culturally rich neighborhoods. The property features six spacious one-bedroom, one-bathroom residences, each appointed with hardwood floors, wall-mounted heating and air conditioni ng, dual- pane windows, and updated kitchens and bathrooms, with select units opening through private walk-up entrances. Four carport spaces and a two-car garage provide secure, convenient parking for residents, further enhancing the asset's long-term appeal. The story doesn't end at curb appeal. Ready-to-Issue (RTI) plans are already secured for a two-bedroom, two-bathroom ADU, opening a defined path to a seventh income-producing unit and additional upside. In-place rents also sit meaningfully below market, giving the numbers their own story of durable income and embedded growth as units turn over. Whether the strategy is aggressive value-add or long-term hold, this asset delivers upside rarely available at this basis in Mid-Wilshire. The location is equally compelling. 1296 S. Citrus Ave scores an impressive 88 on Walk Score, meaning residents can leave the car behind for daily errands, dinner, and entertainment. Neighborhood favorites like All Season Brewery, Fortune House, and Little Miss Cafe are all within easy reach, while Ralphs at Wilshire Boulevard and Hauser Boulevard keeps grocery runs simple. World-class culture waits close by too, with the Los Angeles County Museum of Art, La Brea Tar Pits and Museum, and Petersen Automotive Museum anchoring nearby Museum Row, and the Wilshire Boulevard corridor connecting residents to Koreatown, Downtown Los Angeles, and the Westside in minutes. For an investor seeking durable in-place income paired with a defined path to additional upside, 1296 S. Citrus Ave offers a compelling opportunity in one of Los Angeles's most established and well-connected submarkets, a six-unit asset with modernized interiors, secured ADU entitlements, and embedded rent growth in the heart of Mid-Wilshire.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,490,000

AD Id : 90024040

MLS Id : 26876787

Beds : 6

Lot Size : 7,049 Sqft

Living Area Size : 5,438

Year Built : 1927

Garage : 2

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 6
  • Interior Features

    Appliances: Disposal, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1927
    Building Area Total: 5438
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7049 Lot Size Acres: 0.1618 Lot Size Square Feet: 7,049

  • Listing Price Information

    Listing Price: $1490000

  • Tax Information

    Parcel Number: 5084026024

  • Parking Information

    Parking Total: 6 DetachedCarport

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: N. of San Vincente Blvd., E. of La Brea Ave., W. of Crenshaw Blvd., and S. of Olympic Blvd.
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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 Sqft
1254 S Manhattan, Los Angeles, CA, 90019 $1,590,000 6 4 3,024 8,439 Sqft
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,300,000 4 2 1,830 6,185 Sqft
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 7,502 Sqft
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,250,000 9 5 7,512 13,152 Sqft
913 S Wilton Place, Los Angeles, CA, 90019 $1,990,000 5 4 -- 9,003 Sqft
939 S Wilton Place, Los Angeles, CA, 90019 $2,600,000 12 10 5,359 8,303 Sqft
1057 S Gramercy Place, Los Angeles, CA, 90019 $1,850,000 5 3 3,601 8,251 Sqft
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 13,166 Sqft
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 13,168 Sqft

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 09/09/2026 @ 16:41

MLS: 26876787 LISTED BY: Eliyahu Appel, Equity Union 818-989-2000 SOURCE: CRMLS

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