2005 Magnolia Avenue
Los Angeles, CA 90007
Active for $1,800,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,965 sqft
| MLS | IN24081431 |
| Year Built | 1903 |
| Property Type | Duplex |
| County | Los Angeles |
| Status | Active |
| Active | $1,800,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,965 sqft |
| Beds | N/A |
| Baths | N/A |
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 courtesy of: Noe Blanco, RE/MAX Alliance Group 3105087155. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.
Location
Contact a Local Realtor®
Zack Avedisian
REALTOR®
Direct: 818.624.6206
Email: Email Me
DRE: 01930305
DRE #01873088
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