2005 Magnolia AVE Active

Los Angeles,CA 90007

$ 1690000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIN24081431

Originating Board California Regional MLS

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

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Cooling None

Laundry Laundry Area

Exterior

Pool None

Building

Water District - Public

Others

Tax ID 5056029005

Special Listing Condition Not Applicable

View More
Favorite Go Tour