1250 Magnolia Avenue
Los Angeles, CA 90006
18
Bed
9
Bath
5,804Sqft
9,803Sqft(Lot)
A compelling investment and development opportunity in the heart of Koreatown, one of Los Angeles' most dense and high-demand rental markets. This gated Craftsman-style property sits on an approximately 9,800 sq ft lot with an existing structure of approximately 5,800 sq ft and offers on-site parking for up to 12 vehicles, a rare and valuable feature for the area.The property features a boarding house-style configuration with 9 bedrooms with en-suites and 9 singles with 3 shared bathrooms, with strong curb appeal and on-site laundry. The dense, supply-constrained submarket supports consistent rental demand, with additional income potential through furnished or corporate housing strategies, subject to buyer verification and local regulations. Zoned LAR3 per public records. Offered as-is. Id
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 18Bathroom Information
Total Baths: 9 Full Baths: 9 Half Baths: 0 -
Interior Features
Property Appliances: Dryer,Washer Fireplace: None Flooring: Laminate,Tile,Wood Furnished Description: Unfurnished -
Cooling Features
Central Air Air ConditioningHeating Source
Central Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1901 Building Area Total: 5,804 Has Basement -
Pool Features
NoneLaundry Features
Laundry RoomPatio And Porch
Front PorchFencing
Brick,Wrought Iron
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.225 Lot Size Dimensions: 70x140 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 9803
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Listing Price Information
Original List Price: 1,549,000 Listing Contract Date: 2026-03-10 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5076016010
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Garage and Parking
Garage Description: Controlled Entrance,Driveway,On StreetHomeowners Association
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Other Property Info
Source Listing Status: Pending Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 3508 Directions: North of Pico, West of Hoover Zoning: LAR3 Source Property Type: Residential Area: C17 - Mid-Wilshire Property SubType: Single Family Residence -
Building and Construction
Property Age: 125 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 5804 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1147 S Westlake Avenue, Los Angeles, CA, 90006 | $975,000 | 4 | 1 | 2,110 | 2,110 SqFt |
| 2694 James M Wood Boule.., Los Angeles, CA, 90006 | $1,795,000 | 3 | -- | 3,399 | 3,399 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | -- | -- | 5,040 | 5,040 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
| 1415 Arapahoe Street, Los Angeles, CA, 90006 | $1,600,000 | 6 | 4 | 3,641 | 3,641 SqFt |
| 1118 Elden Avenue, Los Angeles, CA, 90006 | $1,995,000 | 8 | -- | 4,890 | 4,890 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 16:36
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