Active

2005 Magnolia AVE

LOS ANGELES CA, 90007

$1,690,000


$365.80 per sqft

Active

14 Beds

5 Baths

4,620 sqft

Multi-family

Built in 1903

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.

IN24081431MR

MLS ID

April 19, 2024

Listed

December 18, 2024

Updated

Map

2005 Magnolia AVE
LOS ANGELES CA, 90007

Interior Features

Total Stories

2


Bedrooms

14


Total Bathrooms

5


Laundry Description

Laundry Area


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Downtown L.A.


Days on Market

238


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR4

Listing History

Date

Event

Price

12/18/2024

Price change

$1,690,000

-7%

Listed by Noe Blanco with RE/MAX Alliance Group
Listing Contact: 3105087155 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Clara Yang | CA DRE# 01201082 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/18/2024

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