$1,800,000
2005 Magnolia Avenue, Los Angeles 90007
14
Beds
5
Baths
5,965
Lot Size
2
# Of Units
Listing Agent
Noe Blanco - RE/MAX Alliance GroupSituated 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.
Facts & Features
| MLS® # | IN24081431 |
|---|---|
| Price | $1,800,000 |
| Bedrooms | 14 |
| Bathrooms | 5.00 |
| Lot Size | 5,965 |
| Year Built | 1903 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
| # Of Units | 2 |
Community Information
| Address | 2005 Magnolia Avenue |
|---|---|
| Area | C42 - Downtown L.A. |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90007 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Back Yard, Front Yard |
|---|
Additional Information
| Date Listed | April 19th, 2024 |
|---|---|
| Days on Market | 11 |
| Zoning | LAR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Noe Blanco |
|---|---|
| Office | RE/MAX Alliance Group |