See Home Value
$1,761,420*
House - Off Market

1218 MAGNOLIA Avenue

Los Angeles (City), CA 90006
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3572 Sqft
$1,076,000 - $1,314,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model

About This Property

The property consists of a newly remodeled +/- 3,572 SF, (as per assessors records 4 bedrooms 2 bathrooms). Currently the home consists of 12 rooms and 9 bathrooms single family residence on a +/-  6,475 SF R3 zoned lot (TOC Tier 2). The property is currently being used for airbnb This offering will attract an investor looking to take over the operation of a newly remodeled 12 bedroom Hostel or a developer looking for R3 zoned residential land in an infill location. The property has approximately 10 gated on-site parking spaces in the rear accessible through the alley in  addition to ample street parking. The subject property is located on the east side of Magnolia Ave between 12th Street. & Pico Boulevard. It is conveniently located less than a mile from the 110 freeway and the 10 freeway.

The manager has listed the unit size as 3572 square feet.
Unit Size
3,572Ft²
Days on Market
-
Land Size
6,475.00 acres
Price per sqft
$335
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1905

Price History

Date / Event Date Event Price
Jul 17, 2019 No longer available -
No longer available
Jul 12, 2019 Relisted $1,195,000
Relisted
Jul 3, 2019 No longer available -
No longer available
Jun 12, 2019 Relisted $1,195,000
Relisted
May 24, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
4 Baths
4,368 ft²
$315/ft²
$1,375,000 May 18, 2023
-
-
Multifamily
9 Beds
4 Baths
4,117 ft²
$242/ft²
$998,000 Sep 29, 2023
-
-
Multifamily
7 Beds
5 Baths
2,804 ft²
$392/ft²
$1,100,000 Mar 15, 2024
-
-
Multifamily
7 Beds
5 Baths
2,696 ft²
$501/ft²
$1,350,000 Feb 10, 2024
-
-
Other
Loft
-
2,189 ft²
$479/ft²
$1,047,500 Nov 16, 2022
-
-
Other
Loft
-
2,189 ft²
$479/ft²
$1,047,500 Nov 16, 2022
-
-
Other
Loft
-
2,125 ft²
$470/ft²
$999,000 Feb 10, 2024
-
-
Multifamily
Stu
-
-
$1,050,000 Jan 23, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190114
01/14/2019
4 Bed
2 Bath
3572 ft²
$795,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
3572 ft²
-
-
-
-

Building Info

1218 Magnolia Avenue 1218 Magnolia Avenue, Los Angeles, CA 90006
More about this Building
1218 Magnolia Avenue
Want to find out who owns 1218 Magnolia Avenue, Los Angeles, CA 90006? Get detailed property transactions here .

About Central LA


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