HUGE UPSIDE IN RENTS. 2 separate buildings on 8,300 sf compound. Front house is a large 2 bedroom plus one bath,with a living room, den, and dining room, and 3 rooms in the attic, Next door triplex has a 4 bedroom occupied unit, an occupied single, and a 1+1,. Driveway through center to potentially 10 parking spaces. Possible lot split. Triplex has far below market rents and super opportunity to improve and tenant front house and entire property. Additionally, this property is within walking distance of schools, shopping, and access to public transportation. Subject Property is located approx 1 mile from USC, with easy access to the freeways and DTLA. There are new residential developments in the neighborhood, and within 1 mile of the subject property there are many schools including Loyola High School. Anyone who disturbs occupants will be disqualified from purchase!!
Off market
$1,112,300
1950 Magnolia Ave, Los Angeles, CA 90007
10beds
4baths
3,476sqft
MultiFamily
Built in 1908
-- sqft lot
$1,112,300 Zestimate®
$320/sqft
$3,302 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
 - Bathrooms: 4
 
Heating
- Other
 
Cooling
- Other
 
Interior area
- Total interior livable area: 3,476 sqft
 
Property
Lot
- Size: 8,328 sqft
 
Details
- Parcel number: 5056027018
 
Construction
Type & style
- Home type: MultiFamily
 
Condition
- Year built: 1908
 
Community & neighborhood
Location
- Region: Los Angeles
 
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
$1,112,300