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Listed by Noe Blanco • RE/MAX Alliance Group
$ 1,690,000
Est. payment /mo
Active
2005 Magnolia Avenue Los Angeles, CA 90007
4,620 SqFt
UPDATED:
12/18/2024 08:21 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,620 sqft
Price per Sqft $365
MLS Listing ID CRIN24081431
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1903
Lot Size 5,965 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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Building
Lot Description Back Yard, Front Yard
Water Public
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