$1,800,000
For Sale

2005 Magnolia Avenue

Los Angeles, CA 90007
0.14 acres | #IN24081431
Listing OfficeRE/MAX Alliance Group
Browse 33 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • Lot DescriptionBackYard, FrontYard
      • Stories2
    • Measurements
      • Acres0.1369
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1903
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,800,000
  • Other
      • MLS #IN24081431

Location

Karen SellersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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