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.
Additional Features
- Wall Furnace
- Back Yard
- Front Yard
- Two
- Parking spaces: 0.00
- Listing Status: Active
- Listing Agent: Noe Blanco
(lic# 01787137)
of Inglewood
- Listing Office: RE/MAX Alliance Group
(lic# 01788875)
- CO-Listing Agent: Leticia Alvarez
(lic# 02032216)
of Inglewood
- CO-Listing Office: RE/MAX Alliance Group
(lic# 01788875)
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Based on information from CRISNet MLS as of 18th January 2025 at 10:20pm. 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.
