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Listed by: Jake Glaser (310) 494-6368 DRE #02128816, Spencer Chan DRE #02197531 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$775,000
4 Beds
- 4 Baths
2,492sqft
1716 Magnolia Ave, Los Angeles, CA 90006
$775,000
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Multi Family
Built in 1930
$-- HOA
4,821 sqft lot
$311/sq.ft
Description
1716 Magnolia Avenue, a Spanish Colonial Revival four-unit property located in the Pico Union neighborhood of Los Angeles. Built in 1930 and totaling 2,492 square feet on a 4,879 square foot lot, the building offers one of the most attainable price points in the market today. With one unit delivered vacant at closing, the property is well suited for an entry-level investor seeking a house-hack opportunity while benefiting from strong long-term upside. Current rents are approximately 67% below market, providing a clear path for income growth through unit turnover and strategic renovations. Each unit includes in-unit laundry hookups and one private garage space, and recent ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
2,492 sqft
Lot Size
4,821 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25625505
MLS Status
Active
Days on Market
15
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