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1950 Magnolia Avenue

Los Angeles, CA 90007

$650,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
3,476 Sq. Ft.
$259 / Sq. Ft.
Sold

1950 Magnolia Avenue

Los Angeles, CA 90007

Sold
$650,000 Sale Price
$0/mo
5
Bed
0
Bath
3,476
Sq. Ft.
1 /
HUGE UPSIDE IN RENTS. 2 separate buildings on 8,300 sf compound. Front house is a large 2 bedroom plus one bath,with a living room, den, and dining room, and 3 rooms in the attic, Next door triplex has a 4 bedroom occupied unit, an occupied single, and a 1+1,. Driveway through center to potentially 10 parking spaces. Possible lot split. Triplex has far below market rents and super opportunity to improve and tenant front house and entire property. Additionally, this property is within walking distance of schools, shopping, and access to public transportation. Subject Property is located approx 1 mile from USC, with easy access to the freeways and DTLA. There are new residential developments in the neighborhood, and within 1 mile of the subject property there are many schools including Loyola High School. Anyone who disturbs occupants will be disqualified from purchase!!
PROPERTY INFORMATION
MLS # 15890045 Lot Size 8,328 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 899,000
Price Per SqFt: $ 259
DOM 3741 Days
Address 1950 Magnolia Avenue Type Residential Income
City Los Angeles Sq.Ft. 3,476 Sq. Ft.
Postal Code 90007 Garage N/A
County Los Angeles Year Built 1908
Bed / Bath 5 / 0 Parking 6
Built In 1908 Status Closed
Sold Date 2015-10-22
INTERIOR FEATURES
Has Appliances Yes
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $959
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/22/2015 Sold $650,000
03/24/2015 Sold $899,000
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Listing provided courtesy of Stephen F. Watson, Keller Williams Realty Downey. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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