Property Detail

2005 Magnolia

Los Angeles CA 90007

$1,800,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Noe Blanco of RE/MAX Alliance Group. Last updated 2024-11-27 09:11:19.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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