Los Angeles, CA90028
| 1644 sqft | MLS# 25541331
Tract:
For Sale $1,650,000
Description
We are pleased to offer for sale a development site at 1304-1306 Citrus Avenue, located adjacent to West Hollywood. A duplex currently sits on the site, which spans a 7,296 square foot parcel, offering a rare opportunity for a developer to acquire land in one of the most supply-constrained pockets of Los Angeles. The immediate area has seen multiple new developments in recent years, reinforcing the strength of the submarket and ongoing demand for high-quality housing. Situated just north of Santa Monica Boulevard and east of La Brea, the property benefits from its proximity to West Hollywood a submarket that continues to attract top-tier tenants, investors, and capital due to its lifestyle appeal, walkability, and enduring rent growth. Citrus Avenue is a quiet, tree-lined street with a Walk Score of 95, surrounded by boutique retail, fitness studios, and some of LA's most iconic nightlife and dining options. This rare infill development site allows a buyer to maximize building potential, with strong underlying zoning and proximity to some of the highest-performing rental stock in the city.13041306 Citrus Avenue presents a compelling opportunity for investors seeking exposure toa high-barrier-to-entry location with long-term upside.
Facts
| Built in 1929 | Lot Size: 7298.00 sqft | HOA Dues: $0/month
Features
Listing provided by Sean Rosenzweig, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of May 20, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
