Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

4,200 sqft

Lot size

6,087 sqft

Year built

1912

Stories

2

Status

Active

Days on market

8

MLS #

241062140

About this property

Ideally situated in a high-demand, central Los Angeles location, this charming 4- unit property offers future potential and a first- time investor. the property features (4) spacious 1 bedroom/1 bath and 8 assigned parking in the back. Each unit provides a functional layout with ample natural light. This property boasts an exceptional high walk score, putting tenants just steps away from local amenities, restaurants and transportation. Commuting is a breeze with easy access to the 10 and 110 freeways, and itis just a short distance from the bustling Koreatown, the Convention center and LA downtown. it is good for 1031 exchange as well. Please do not disturb tenants, just drive by only. Parking is in the back entering alley in Venice blvd., Accepted offer subjected to showing, Sellers are motivated.

Location

1438 Magnolia Avenue

Los Angeles, Los Angeles, CA, 90006