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The Appel Group is proud to present the exclusive listing of 493 San Vicented Blvd, a six-unitmultifamily 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, 493 San Vicented Blvd 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 atwo-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. 493 San Vicented Blvd 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 Type(s):
Residential Income
| Last Updated | 8/25/2026 | Year Built | 1927 |
|---|---|---|---|
| Community | C18 - Hancock Park-Wilshire | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Disposal, Dryer, Refrigerator, Washer |
|---|---|
| AREA | C18 - Hancock Park-Wilshire |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7048 sq ft |
| LOT DIMENSIONS | 7049 |
| PARKING | Detached Carport |
| STORIES | 2 |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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