1745 Magnolia Ave, Los Angeles, CA 90006

1745 Magnolia Ave, a nine unit apartment building, located in the heart of Los Angeles' Koreatown neighborhood, one of the most diverse neighborhoods in Los Angeles. Today, Korean and Latino populationscontribute to Koreatown's rich cultural diversity. Koreatown is also known for having one of the largest concentrations of nightclubs and 24-hour businesses and restaurants in the country. In the early 2000s, renewed development, plus a new subway line with stations in the neighborhood, led to a revitalization of the area.Built in 1959, the building consists of eight (8) one-bedroom/one bathroom units and one (1) two-bedroom/one bath units. Separately metered for gas and electric, the property is conveniently located in between Venice and Washington Blvd., two of Los Angeles' most famous boulevards. Due to its central location, this property is close proximity to major freeways, as well as, walking distance.