493 San Vicente Boulevard, Los Angeles, CA 90019
Local realty services provided by:CENTURY 21 Affiliated
493 San Vicente Boulevard,Los Angeles, CA 90019
$1,490,000
- 6 Beds
- 6 Baths
- 5,438 sq. ft.
- Multi-family
- Active
Listed by: eliyahu appel
Office: equity union818-989-2000
MLS#:26876787
Source:CRMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$274
About this home
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....
Contact an agent
Home facts
- Year built:1927
- Listing ID #:26876787
- Added:19 day(s) ago
- Updated:September 14, 2026 at 11:13 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Kitchen Description:Disposal, Refrigerator
- Living area:5,438 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1927
- Building area:5,438 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$274
Features and amenities
- Appliances:Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Parking description:4 Carport Space(s), Detached Carport
- Garage:Yes
- Garage spaces:2
- Carport spaces:4
New listings near 493 San Vicente Boulevard
- Coming Soon
$1,899,000Coming Soon4 beds 3 baths2,216 sq. ft.13215 Dewey Street, Los Angeles, CA 90066
MLS# OC26191155Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Coming Soon
$974,900Coming Soon4 beds 2 baths1,661 sq. ft.6911 Bobbyboyar Avenue, Los Angeles, CA 91307
MLS# 26876013Listed by: GREENBOX REALTY - Coming Soon
$598,999Coming Soon2 beds 2 baths956 sq. ft.5151 Balboa #303, Encino, CA 91316
MLS# SR26200653Listed by: COLDWELL BANKER ENVISION - Coming SoonOpen Sat, 12 to 2pm
$699,000Coming Soon2 beds 3 baths1,597 sq. ft.4755 Templeton St #2215, Los Angeles, CA 90032
MLS# OC26200519Listed by: BEST REALTY PARTNERS - Coming Soon
$895,000Coming Soon2 beds 1 baths792 sq. ft.1812 Wollam Street, Los Angeles, CA 90065
MLS# 26874995Listed by: KW ADVISORS - Coming Soon
$2,799,000Coming Soon5 beds 4 baths3,804 sq. ft.23534 Hatteras Street, Woodland Hills, CA 91367
MLS# SR26199998Listed by: EQUITY UNION - Coming Soon
$545,000Coming Soon1 beds 1 baths460 sq. ft.3311 S Durango, Los Angeles, CA 90034
MLS# SR26200389Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - Coming SoonOpen Wed, 11am to 2pm
$1,195,000Coming Soon4 beds 2 baths1,192 sq. ft.1331 W. 27th, San Pedro, CA 90731
MLS# SB26200208Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - Coming SoonOpen Sat, 1 to 5pm
$729,000Coming Soon2 beds 1 baths1,144 sq. ft.7357 Anatola Avenue, Lake Balboa, CA 91406
MLS# SR26200086Listed by: CLEAR WAY REAL ESTATE - Coming Soon
$822,000Coming Soon2 beds 2 baths1,208 sq. ft.1312 S Saltair Avenue #106, Los Angeles, CA 90025
MLS# 26987613Listed by: COMPASS