1324 Magnolia Avenue

Los Angeles, CA 90006
$879,000
A Wonderful Opportunity to Own 3-Unit Apartment with a 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 a Large, High Ceiling SFR (#1324, AllRead MoreRead Less
Property listed by The Realestate Group, Kevin Suh 310-901-1137
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
1898
MLS Number
SB26037039
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasOven, GasRange, GasWaterHeater
Building
Built in 1898, 2 buildings, Building faces West, 1 storey, Levels: One, Entry level: 1, Entry location: Ground Level, Construction Materials: Concrete, Stucco
Community
Curbs, Urban
Cooling
WallWindowUnits
Disclosures
HomeWarranty, RentControl
Expenses
Electric: $1,200, Insurance: $976, Licenses: $302, Maintenance: $1,800, Operating: $21,586, Trash: $1,200, Water/Sewer: $6,000
Fireplaces
None
Floors
Laminate, Wood
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $80,400, Gross ScheduledIncome: $80,400, Net Operating Income: $58,814
Interior Features
HighCeilings, BedroomOnMainLevel
Laundry
None
Lot
0.1401 acres, RectangularLot
Parking
DrivewayLevel, Paved
Pool
None
Property
RepairsCosmetic
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5056007007, Tax Block: A, Lot: 5
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, 3 separate electric meters, 3 separate gas meters
Windows
Blinds
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Christian Perez
REALTOR®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.