Welcome to 1019 S. Citrus Ave, an exceptional brand-new 2026 construction luxury five-unit investment in the heart of 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 market, 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.
Property Details
Price:
$4,195,000
MLS #:
26991445
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Sep 22, 2026
Finished Sq Ft:
8,179
Total Sq Ft:
8,179
Lot Size:
7,433 sqft / 0.17 acres (approx)
Year Built:
2026
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Heating
CF
Laundry Features
DINC, WINC
Levels
C
Exterior
Attached Garage YN
1
Parking Spots
9
Parking Total
9
Financial
Map
Community
- Address1019 S Citrus AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 22, 2026
8,466
Single Family Listed
86
Avg DOM
438
Avg $ / SqFt
$1,577,647
Avg List Price
Property Summary
- 1019 S Citrus AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $4,195,000 and features 16 beds, 16 baths, and has approximately 8,179 square feet of living space, and was originally constructed in 2026. The current price per square foot is $513. The average price per square foot for Single Family listings in Los Angeles is $438. The average listing price for Single Family in Los Angeles is $1,577,647.
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