CA > Los Angeles
Los Angeles, CA 90007,2005 Magnolia AVE
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Los Angeles, CA 90007,2005 Magnolia AVE
Los Angeles, CA 90007,2005 Magnolia AVE
Los Angeles, CA 90007,2005 Magnolia AVE
Los Angeles, CA 90007,2005 Magnolia AVE
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 1,690,000
Est. payment /mo
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Price Dropped by $110K

2005 Magnolia AVE Los Angeles, CA 90007

5,963 Sqft Lot

UPDATED:

12/19/2024 05:47 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IN24081431

HOA Y/N No

Year Built 1903

Lot Size 5,963 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Private Pool No

Building

Lot Description Back Yard, Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5056029005

Acceptable Financing Conventional, FHA, Owner Will Carry, VA Loan

Listing Terms Conventional, FHA, Owner Will Carry, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Noe Blanco • RE/MAX Alliance Group • 310-508-7155
agent

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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