Skip To Content

    1100 Magnolia Ave

    Los Angeles, CA 90006
    • $1,950,000
    • STATUS: Active
    • ON SITE: 96 days
    • MLS #: 21-688078
    $1,950,000
    • 11
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,954
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:
    Area:

    School Ratings & Info

    Description

    Great location and Opportunity Zone in K-town! Perfect for investors looking for residual income for long term hold, build new construction, and take advantage of O-zone tax incentive. So many different avenues of opportunity on this corner lot! Second story gives a perfect view of DTLA. The units are individually gas and electricity metered. Two building with 4 units in each building.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-09T23:42:19.54. 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.
    www.searchdesertrealestate.com/homes/113863038
    Print Image

    1100 Magnolia Ave Los Angeles, CA 90006

    • Price: $1,950,000
    • Status: Active
    • MLS #: 21-688078
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    5,954
    SQFT
    $328
    $/SQFT
    1904
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    Great location and Opportunity Zone in K-town! Perfect for investors looking for residual income for long term hold, build new construction, and take advantage of O-zone tax incentive. So many different avenues of opportunity on this corner lot! Second story gives a perfect view of DTLA. The units are individually gas and electricity metered. Two building with 4 units in each building.
    Exterior Features

    Levels Two Lot Size Area 8422 Other Structures None Parking Garage Gated Total Parking 9

    Interior Features

    Baths Total 7.00 Cooking Appliances Gas/Electric Range Cooling Other Equipment Range/Oven Flooring Other Heating Other

    Property Features

    Assessed Total Value 1580000 Gross Income 119232 Gross Operating Income 119232 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 77046.00 Number Of Buildings 2 Number Of Units 8 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Owner Source Lot Size Area Vendor Enhanced Tenant Pays GasCable TvElectricity Total Annual Expense 42186 Type Of Units Income Units Water Heaters YN Yes Year Built Source Owner Zoning Lar3

    Listing provided courtesy of Stacy B. Han DRE#01886632 of Keller Williams Larchmont.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-09T23:42:19.54. 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.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-688078-2.jpg
    Logo
    The John Jay Group - Bennion Deville Homes
    74996 Highway 111
    Indian Wells CA, 92210