Multi-Family Space For Lease @ 1296 S. Citrus Avenue

The lack of afforable housing has created a significant affordability gap to home ownership. In the Miracle Mile mirco market the median home price is around +/- $1,200,000 with an average monthly mortgage payment being 3 to 4 times more than the average rents at 1296 S. Citrus Avenue. The Miracle Mile neighborhood boasts some of the strongest demographics in Los Angeles. Within a one-mile radius of the site, the average household income is $98,519 and the median home value is over $1,000,924. The affluent neighborhood is sought after by professionals that work in nearby employment centers including West Hollywood, Hollywood, Century City, Beverly Hills, and Culver City. This space offers accomodations for: lowrisegarden.