Views
Address
1330 Magnolia Avenue Los Angeles, CA
Price
$ 980,800
Property Attributes
  • ID#DW20158711
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90006
  • StyleCraftsman
  • Price$ 980,800
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size6,100 SqFt
Listing Provided Courtesy Of:
Jennifer Avellan with Keller Williams SELA.
Data Source:
CRMLS
Property Description

Welcome to 1330 Magnolia Avenue which is located in the Pico Union area of Los Angeles. Here's your unique opportunity to own a piece of Los Angeles. Aside from being located in a prime location of LA due to its proximity to DTLA & all that this economic powerhouse has to offer, you're steps away from public transport incl the Metro Red & Purple Lines, as well as the app 186 restaurants, bars & coffee shops located in the historical Pico Union enclave. 1330 Magnolia is considered to have a WalkScore® of 91 out of 100 ("Walker’s Paradise.") Who needs a car living here? This beautiful California craftsman & detached unit is physically 4 units. The front bldg is a triplex w/a 3 bedroom/1 bath unit alongside a studio on the first floor as well as a 2 bedroom + bonus room on the 2nd story w/1 bathroom. The rear detached unit has 2 bedrooms/1 bath. The upstairs 2 bedroom/1 bath unit will be delivered vacant. Perfect opportunity for you to pick your own tenant or live in this vacant unit & continue renting the others. If you are tired of looking at tract homes with 0 character, here's your opportunity to own an asset with tons of charm...a gable roof, front porch, overhanging eaves, plenty of built-ins......Possible Development opportunity. May potentially be in a TOC zone. Per planning dept, condos can be built on this lot. Buyers are to verify entire condition & all info on this property on their own & satisfy themselves as to all aspects. Info deemed reliable but not guaranteed.

Price History
8/13/2020 Listed $995,800
11/2/2020 2% - $980,800

General Features

Architectural Style Craftsman
Community Features Street Lights
Cooling See Remarks
Levels Two
Listing Agent Jennifer Avellan - BRE#01468000
Listing Agent State License 01468000
MLS Area C16 - Mid Los Angeles
Pool Features None
Property Sub Type Additional Quadruplex
Property SubType Quadruplex
Property Type Residential Income
Sewer Unknown
Spa Features None
Special Listing Conditions Standard
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA
Total Actual Rent 2520
Total Units 4
View City Lights, Neighborhood
Virtual Tour https://youtu.be/1CCpUu5ZVOA
Virtual Tour https://youtu.be/fo9g1ULy4KY
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Laundry Features See Remarks

Exterior Features

Fencing Chain Link, Wood
Lot Features Front Yard, Near Public Transit, Rectangular Lot
Lot Size Acres 0.14
Lot Size Area 6100
Lot Size Square Feet 6100
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
View Y/N Yes
Water Source Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $2.71M
$980K
Visits
AVG 72
41
Year Built
AVG 1948
1947
Walkscore
AVG 93
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover