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. 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.
For sale
Listing Provided by:
Leticia Alvarez DRE #02032216 424-241-5868,
RE/MAX Alliance Group,
Noe Blanco DRE #01787137 310-508-7155,
RE/MAX Alliance Group
Price cut: $115K (6/17)
$1,575,000
2005 Magnolia Ave, Los Angeles, CA 90007
14beds
5baths
4,620sqft
Est.:
Duplex
Built in 1903
-- sqft lot
$1,478,600 Zestimate®
$341/sqft
$-- HOA
What's special
- 49 days
- on Zillow |
- 71 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 06:12pm
Listing Provided by:
Leticia Alvarez DRE #02032216 424-241-5868,
RE/MAX Alliance Group,
Noe Blanco DRE #01787137 310-508-7155,
RE/MAX Alliance Group
Source: CRMLS,MLS#: IN25133507
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 5
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,620
- Total interior livable area: 4,620 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 5,965 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 5056029005
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $1,275,000
- Annual tax amount: $15,855
- Date on market: 6/16/2025
- Listing terms: Conventional,FHA,Owner Will Carry,VA Loan
- Tenant pays: None
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