2005 Magnolia Avenue

Los Angeles, CA 90007

PRICE REDUCED

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-$110,000 (-6.11%)

$1,690,000

List Price

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1903

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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.

Listing Information

List Price $1,690,000
Status Active
MLS IN24081431
Type Residential Income
Subtype Duplex
Year Built 1903
Lot Size 5,965
Structure Size N/A
DOM 239
Courtesy Of RE/MAX Alliance Group
Listing Agent Noe Blanco DRE#01787137
Co-Listing Agent Leticia Alvarez DRE#02032216

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Noe Blanco, Leticia Alvarez, RE/MAX Alliance Group 3105087155. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 5:47 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.