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$ 1,690,000
Est. payment /mo
Price Dropped by $110K
2005 Magnolia AVE Los Angeles, CA 90007
5,965 Sqft Lot
UPDATED:
12/17/2024 11:59 PM
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
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Listed by Noe Blanco • RE/MAX Alliance Group