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1324 Magnolia Avenue Los Angeles, CA $ 879,000
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1324 Magnolia Avenue
$ 879,000
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1324 Magnolia Avenue

Los Angeles, CA, 90006
$ 879,000
Baths2.0 Sq 2,536

Monthly Estimate*

$ 5,412

Listed by The Realestate Group
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $879,000 with 2 full baths. This 2,536 square foot home was built in 1898 on a lot size of 0.1401.

A Wonderful Opportunity to Own 3-Unit Apartment with Flow of Steady Income, Conveniently Located in 'Pico Union' Section in Mid Los Angeles! Close to Post Office, Markets, Restaurants, Shopping Centers, Banks, Freeways, and SS Office. 3 units are Consisted of Large High Ceiling SFR (#1324, All 6 Rooms Individually Rented) + 2 Attached Studios of Over 2,500 LV sqft. All Units Are Rented. All 6 Bedrooms in SFR Has 2 Full Bathrooms and 1/4 Bathrooms. A Spacious Kitchen and Long Wide Hallway with Temp. Storage Area. There is also a Space for Storage in Crawl Space. Each Studio (#1326 & #1328) Has its Own Bath & Kitchen. Roofing is in Good Condition. Owners Pay Water for All Tenants, and Both Studio Units Pay Electricity & Gas Utilities. But SFR Room Tenants' Other Utilities are Included in Rent. A Long Driveway & A Concrete Floor Front Yard Allow about 8 Cars to Park at Max. There is also a Entrance from Alley East of Property. Easy to Manage! A Must See Property!

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Multi-Family Active

Price

$ 879,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1401

Year Built

1898

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26037039

Days on Market

1
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Shingle
Appliances Gas Oven Gas Range Gas Water Heater
HOA Fee 0
Garage Spaces 0
Pool Features None
Construction Materials Concrete Stucco
Year Built 1898
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 80400
Community Features Curbs Urban
County Los Angeles
Net Operating Income 58814
Operating Expense 21586
Insurance Expense 976
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1800
Facing Direction West
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 1/2 Block South of PICO & 2 Block West of HOOVER
City Los Angeles
Disclosures Home Warranty Rent Control
Entry Location Ground Level
Senior Community Y/N false
Number Of Units Total 3
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6101
Number of Units Leased 8
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1200
Fuel Expense 0
Property Condition Repairs Cosmetic
Trash Expense 1200
Water Sewer Expense 6000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 6700
Property Sub Type Additional Triplex
Taxes 10108
Cap Rate 6.7
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Interior
Interior Amenities High Ceilings Bedroom on Main Level
Flooring Laminate Wood
Fireplace Features None
Total Stories 1
Common Walls Item2CommonWalls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features Driveway Level Paved
Lot Features Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 6101
Number of Buildings 2
Building Area Total 2536
Lot Size Acres 0.1401
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
The Realestate Group

Broker

kevingsuh@yahoo.com

Email

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$5,412
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Monthly Principal & Interest
$5,412
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/20/2026$879,000 Listed Price

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1324 Magnolia Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $879,000 with 2,536 sqft and a lot size of 0.1401. 1324 Magnolia Avenue is a studio with 2.0 baths and was built in 1898. The property's zip code is 90006 which is in Los Angeles, CA

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