493 San Vicente BL
Los Angeles, CA, 90019
$1,490,000
6 Beds
6 Baths
5,438 SqFt
0.16 Acres
Add
MLS #26876787 image #0
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 conditioning, 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.

Property Details

Price:
$1,490,000
MLS #:
26876787
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Aug 25, 2026
Finished Sq Ft:
5,438
Total Sq Ft:
5,438
Lot Size:
7,049 sqft / 0.16 acres (approx)
Year Built:
1927
C18 – Hancock Park-wilshireC18hancockparkwilshire

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
GD, RF
Heating
WL
Laundry Features
DINC, WINC
Levels
U

Exterior

Garage Spaces
2
Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$129,562
Net Operating Income
$89,358

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Aug 27, 2026
8,010
Single Family Listed
86
Avg DOM
427
Avg $ / SqFt
$1,563,767
Avg List Price

Property Summary

    493 San Vicente BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $1,490,000 and features 6 beds, 6 baths, and has approximately 5,438 square feet of living space, and was originally constructed in 1927. The current price per square foot is $274. The average price per square foot for Single Family listings in Los Angeles is $427. The average listing price for Single Family in Los Angeles is $1,563,767.

Similar Listings Nearby

broker reciprocity
MLS# DW24207518broker reciprocity
1858 S Orange DR
Los Angeles, CA

$1,900,000

0.7 miles away

broker reciprocity
MLS# OC25218942broker reciprocity
4440 Victoria Park
Los Angeles, CA

$1,900,000

0.7 miles away

broker reciprocity
MLS# OC25219223broker reciprocity
4440 Victoria
Los Angeles, CA

$1,900,000

0.7 miles away

broker reciprocity
MLS# PF26073925broker reciprocity
2200 Nichols Canyon
Los Angeles, CA

$1,900,000

4.3 miles away

broker reciprocity
MLS# 26786391broker reciprocity
1622 S Spaulding AV
Los Angeles, CA

$1,900,000

1.2 miles away

broker reciprocity
MLS# WS26102037broker reciprocity
1029 Keniston AV
Los Angeles, CA

$1,900,000

0.6 miles away

broker reciprocity
MLS# 26856039broker reciprocity
2041 N Alta Vista AV
Los Angeles, CA

$1,900,000

4.7 miles away

broker reciprocity
MLS# OC26150019broker reciprocity
1224 3rd AV
Los Angeles, CA

$1,900,000

1.4 miles away

broker reciprocity
MLS# 26867587broker reciprocity
136 S Edgemont ST
Los Angeles, CA

$1,900,000

3.0 miles away

broker reciprocity
MLS# 26871501broker reciprocity
6626 W 6th ST
Los Angeles, CA

$1,900,000

2.0 miles away

493 San Vicente BL
Los Angeles, CA