Excellent opportunity for investor or owner. This beautiful property is comprised of 4 large 1 Bedroom + Den+1 Bathroom units that are approximately 1,050 SF each. Profile shows all units with 1 Bedroom+ 1 bathroom, but actually 1 Bedroom + Den+ 1 Bathroom. All units have a den that can be used 2nd bedroom and each unit has their own washer & Dryer hookups. Building size is approx. 4,200 SF and Lot size is approx. 6,085 SF with 8 parking spaces in rear. Recently renovated the staircase in the backyard. A true value is much below market. All tenant are long term stable tenants with month to month. Situated minutes from 10 Fwy and metro line. Units are individually metered for gas and electric and each has own water heater. No showings without an accepted offer. Drive by only!! Please do not disturb tenants!!
Off market
$1,212,700
1438 Magnolia Ave, Los Angeles, CA 90006
4beds
4baths
4,200sqft
MultiFamily
Built in 1912
-- sqft lot
$1,212,700 Zestimate®
$289/sqft
$2,072 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Other
Interior area
- Total interior livable area: 4,200 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 6,085 sqft
Details
- Additional structures: Accessory Dwelling Unit
- Parcel number: 5056007016
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingArea: Mid Los Angeles
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other, Gas Or Electric Dryer Hookup, Phone System
- Cooling: Other
- SourceLivingArea: Assessor
- Heating: Other
- ParkingGarage: Uncovered
- LeasePerMonthYear: Month
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109
- OtherStructures: Accessory Dwelling Unit
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,212,700