2005 Magnolia Avenue, Los Angeles, CA 90007

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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.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 2005 Magnolia Avenue
City Los Angeles
State CA
Zip 90007
County Los Angeles
Listing Agent Noe Blanco DRE #01787137
Co-Listing Agent Leticia Alvarez DRE #02032216
Courtesy Of RE/MAX Alliance Group
List Price $1,800,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 5,965
Year Built 1903

Listing information courtesy of: Noe Blanco, Leticia Alvarez, RE/MAX Alliance Group. *Based on information from the Association of REALTORS/Multiple Listing as of May 15th, 2024 at 11:17 PM 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.