Listed by Kenneth Tananan•DRE #01026395• Re/Max Top Producers
Contact: 909-568-8058
Contingent
$1,435,000
Est. $9,504/mo —
4
bd
•
4 ba
•
3,096
sq ft
1036-S Citrus Ave, Los Angeles, CA 90019
About this home
Priced below online estimates: Charming rear triplex in desirable Mid-Wilshire featuring hardwood floors, Newly painted exterior, (2025), detached 3-car garage, fruit trees, and a private backyard. Fully occupied. Unit 1036: 1BR/1BA upstairs with vaulted ceilings, fireplace, balcony, in-unit laundry, and A/C—occupied by a long-term tenant. Unit ½: bright 1BR/1BA upstairs with views, currently being leased at $2,050/mo. Unit 1038: spacious 2BR/2BA with fireplace, formal dining, bonus room, and laundry- tenant opts not to take a garage at this moment; otherwise, $100 rent per month. Each unit includes its own water heater, washer/dryer, and refrigerator. Electrical panel upgraded in 2012. A rare investment opportunity with character, stability, and strong rental upside in one of LA’s most sought-after neighborhoods. Buyer may cooperate IRC 1031 exchange at no cost to the buyer. Roof warranty for main building. * * * Property showings will be permitted only upon submission of an offer satisfactory to the Seller, with no exceptions.
Olympic Park, located between Koreatown and Mid-Wilshire, is a residential and commercial Los Angeles neighborhood with prewar apartment blocks and a steady stream of corner markets. The neighborhood’s character concentrates along Olympic Boulevard at Crenshaw Boulevard, where taquerias, bakeries, and small storefronts line the traffic-heavy corridor. Spanish Revival duplexes and 1920s courtyard buildings sit beside low-slung retail and auto-era lots, giving the streets a practical, lived-in rhythm. The Ebell of Los Angeles anchors the area with performances and civic events in a landmark setting. Nearby, LACMA and the Academy Museum of Motion Pictures add a museum-row counterpoint to the everyday streetscape. Pocket parks and schoolyards break up the grid with small patches of green.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Two-level layout
Smoke detector
Blinds on windows
Raised entry level
Bedrooms
Three separate units: two 1-bedroom units and one 2-bedroom unit
Bathrooms
Two 1-bath units and one 2-bath unit
Kitchen
Gas cooktop
Gas range and gas oven
Dishwasher
Garbage disposal
Gas water heater
Water heater unit
Laundry & utility
In-unit laundry with washer hookup
Washer included
220V outlet in laundry area
Flooring
Wood flooring
Heating & cooling
Wall heater
Wall/window cooling
Zoned cooling
Exterior features
Storage building on site
Rain gutters
Front yard with sprinklers and sprinkler timer
Garden
Block wall and chain link fencing
Street lighting and sidewalks
Access via paved city streets
Has a view
Home design
Multi-unit property (3 units) across 2 buildings
Total of 2 stories
No accessory dwelling unit
Parking
Total 5 parking spaces
3 garage spaces (includes assigned garage with single door)
2 uncovered spaces
2 carport spaces
One garage is rented separately
Security
Smoke detector
Construction
Stucco construction
Raised foundation
Year built per assessor
Utilities
Public/district water connected
Sewer connected and sewer paid
Natural gas connected and available
Electricity available and connected
HOA & community
Community features include gutters, street lighting, and sidewalks
Property is subject to rent control
Financial info
Gross scheduled income: $101,400
Gross income: $70,128
Net operating income: $77,466
Operating expenses: $23,935
Total expenses listed: $13,201
Trash expense: $1,680
Water/sewer expense: $4,200
Electric expense: $1,512
Insurance expense: $4,875
Gardener expense: $1,200
Fuel expense: $100
Licenses: $46
One rented garage generating $1,200
Other
Tenants pay insurance, gas, and electricity
Electricity and solar
View estimated energy costs and solar savings for this home
Showing for back ups. Spanish triplex with nice curb appeal and charming units with hardwood floors, French windows, and coved ceilings on a terrific street. The charm of these units make them easy to rent. The spacious two bedroom is on the first floor and has two separate master suites. Two charming one-bedroom units upstairs. Plenty of off street parking plus 3 garages. One garage rents for $130 per month. One tenant has a beautiful garden in the back yard. This property needs some TLC and has tremendous potential. All units tenant occupied and all tenants on month to month. 2 bdrm unit be vacant. Need at least 24 hours notice to show. Open house March 4 cancelled.
Year
Property tax
Land + Additions
Assessment*
2025
$10,859 (+1.2%)
$606,668 + $259,998
$866,666
2024
$10,734 (+1.9%)
$606,668 + $259,998
$866,666
2023
$10,535 (+4.7%)
$594,773 + $254,900
$849,673
2022
$10,060 (+1.4%)
$583,111 + $249,902
$833,013
2021
$9,925 (−1.0%)
$571,678 + $245,002
$816,680
2020
$10,022 (+4.0%)
$560,469 + $240,199
$800,668
2019
$9,635 (+1.5%)
$554,723 + $237,737
$792,460
2018
$9,496 (+2.2%)
$543,847 + $233,076
$776,923
2017
$9,295 (+2.5%)
$522,730 + $224,026
$746,756
2016
$9,065 (+1.5%)
$522,730 + $224,026
$746,756
2015
$8,935 (−0.5%)
$512,481 + $219,634
$732,115
2014
$8,980 (+50.2%)
$494,896 + $212,098
$706,994
2012
$5,978 (+347.9%)
$492,660 + $211,140
$703,800
2011
$1,335 (−1.1%)
$285,600 + $158,100
$443,700
2010
$1,350 (+3.8%)
$30,598 + $53,050
$83,648
2009
$1,300 (+3.4%)
$30,370 + $52,654
$83,024
2008
$1,258
$30,443 + $52,780
$83,223
Public record
Public record
Permits
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
6,818 Sq. Ft.
Year renovated
1930
Finished Sq. Ft.
3,096
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,096
Year built
1926
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5084009023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
Nov 15, 2004 • Final
Bldg-alter/repair
Install sill plate anchor bolts and cripple wall plywood according to city standard plans for earthquake hazard reduction. No foundation replacement is included in this work.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
reliable, high-value wealth growth in this iconic City.
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 89° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Los Angeles, CA • 90019
Average low and high temperatures (°F)
69
50
70
52
72
55
72
54
74
58
77
62
77
62
82
66
80
65
76
59
70
54
68
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Los Angeles. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1036-S Citrus Ave
$1,399,063
$36K under list price of $1.44M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.3M to $2.4M.