Thank you
Noe Blanco
RE/MAX Alliance Group
310-578-0348
Situated at 2005 Magnolia Avenue, Los Angeles, CA 90007, this charming property presents a unique investment opportunity. Comprising two units across 4,620 square feet, this two-level residence boasts a rich history dating back to its construction in 1903. Recently listed with an enticing price per square foot of $389.61, this property offers excellent value. Nestled on a 5,965 square foot lot in the Standard SLC area, it promises both space and potential. With a total operating expense of $13,260 and a net operating income of $154,740, this property showcases strong financial viability. Whether you're considering it for investment purposes or envisioning it as a distinctive home, 2005 Magnolia Avenue encapsulates the allure of historic charm and modern opportunity in the heart of Los Angeles.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1071359054 | 3 | 7 | 3 | 0 |
2 | 1071359054 | 2 | 7 | 2 | 0 |
Water Source : Public
Sewer : Public Sewer
Fireplace: None
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1903
Building Area Total: 4,620
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1369
Lot Size Source: Assessor
Lot Size Square Feet: 5965
Original List Price: 1,800,000
Listing Contract Date: 2024-04-19
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5056029005
Lease Term: Negotiable
Tenant Pays: None
Source Listing Status: Active
Source Neighborhood: C42 - Downtown L.A.
Postal Code Plus 4: 1223
Directions: West of Hoover North of the 10-Fwy
Zoning: LAR4
Source Property Type: Residential Income
Area: C42 - Downtown L.A.
Property SubType: Duplex
Property Age: 121
Common Walls: 1 Common Wall
Structure Type: Duplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1415 W 22nd Street, Los Angeles, CA,90007 | $1,047,500 | 5 | -- | 2,189 | 5997 Sqft |
1421 W 22nd Street, Los Angeles, CA,90007 | $1,047,500 | 5 | -- | 2,189 | 6290 Sqft |
2754 Kenwood Avenue, Los Angeles, CA,90007 | $1,625,000 | 5 | 3 | 3,502 | 9004 Sqft |
1459 W 29th Street, Los Angeles, CA,90007 | $1,299,000 | 7 | -- | 2,986 | 7487 Sqft |
2723 S Budlong Avenue, Los Angeles, CA,90007 | $1,999,999 | -- | -- | 7,294 | 7771 Sqft |
2220 Raymond Avenue, Los Angeles, CA,90007 | $1,600,000 | 8 | 4 | 4,864 | 6750 Sqft |
1362 W 37th Drive, Los Angeles, CA,90007 | $750,000 | 3 | 2 | 1,276 | 4501 Sqft |
1156 W 25th Street, Los Angeles, CA,90007 | $1,000,000 | 6 | -- | 3,588 | 5938 Sqft |
2112 Toberman Street, Los Angeles, CA,90007 | $1,595,000 | -- | -- | 4,633 | 5496 Sqft |
1275 W 37th Drive, Los Angeles, CA,90007 | $1,500,000 | 5 | 3 | 1,786 | 6602 Sqft |
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ByOwner last updated this listing 05/08/2024 @ 17:32
MLS: IN24081431
LISTED BY: Noe Blanco, RE/MAX Alliance Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.