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1015 S Citrus is a massive brand new construction, luxury 5-Unit in prime Mid-Wilshire/Miracle Mile area. Set on a quiet, tree lined street with standout curb appeal, this luxury asset delivers a projected 5.76% cap rate supported by $313,800 in gross potential income. The property features an unbeatable unit mix with two large four bedroom units and three equally impressive three bedroom units, all townhome style with tenant friendly layouts. These residences live like high end homes, offering oversized kitchens, generous living rooms, designer tile work, modern cabinetry, stainless steel appliances, large closets, abundant natural light, and multiple balconies. The location is a major draw for younger, career stable renters who want to live near the Miracle Mile and Mid Wilshire employment corridor. With Cedars Sinai Medical Center, CBS Television City, The Grove retail district, and the expanding Wilshire creative and media corridor, this pocket has become a favored home base for professionals seeking shorter commutes, modern housing, and central access to Beverly Hills, Hollywood, and Downtown LA. This combination of central location, lifestyle amenities, and proximity to major employment hubs creates a deep, reliable tenant pool and sustained rental demand. With separate utility meters, brand new systems, drought tolerant landscaping, ample parking, and a full one year builder's warranty, this is a low maintenance, high desirability investment. Priced at $850,000 per unit and $573.16 per square foot, 1015 S Citrus blends luxury design with strong income performance in one of the most central neighborhoods in Los Angeles.
Property Type(s):
Residential Income
| Last Updated | 9/15/2026 | Year Built | 2026 |
|---|---|---|---|
| Community | C19 - Beverly Center-Miracle Mile | Garage Spaces | 3.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer |
| AREA | C19 - Beverly Center-Miracle Mile |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 7113 sq ft |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 7115 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
Location
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