1210 Magnolia Avenue

Los Angeles, CA 90006

$5,425,000
Price
19
Beds
26
Baths
8,761 Sq. Ft.
$619 / Sq. Ft.
8,761
Sq. Ft.
$619
per Sq. Ft.

Description

1206, 1206 1/2, 1208, 1208 1/2 & 1210 Magnolia Ave, Los Angeles CA 90006
Presenting a Clean Modern look BRAND NEW CONSTRUCTION Multi-family Investment 5 Unit Property. Property’s breakdown is the following:
This Project consists of 2 Duplexes and 1 Single Family Dwelling; a total of 5 units.
[(1) 7Bd 6Ba, (2) 7Bd 5Ba & (2) 5Bd 5Ba]
Total of 31 Bedrooms and 26 Baths
Total approx. Living sqft: 8,761
Total approx. Lot sqft: 7,000
Breakdown:
SFD: 1,414 sqft
Duplex A Unit 1: 2,088 sqft
Duplex A Unit 2: 2,088 sqft
...1206, 1206 1/2, 1208, 1208 1/2 & 1210 Magnolia Ave, Los Angeles CA 90006
Presenting a Clean Modern look BRAND NEW CONSTRUCTION Multi-family Investment 5 Unit Property. Property’s breakdown is the following:
This Project consists of 2 Duplexes and 1 Single Family Dwelling; a total of 5 units.
[(1) 7Bd 6Ba, (2) 7Bd 5Ba & (2) 5Bd 5Ba]
Total of 31 Bedrooms and 26 Baths

Total approx. Living sqft: 8,761
Total approx. Lot sqft: 7,000
Breakdown:
SFD: 1,414 sqft
Duplex A Unit 1: 2,088 sqft
Duplex A Unit 2: 2,088 sqft
Duplex B Unit 1: 1,585.5 sqft
Duplex B Unit 2: 1,585.5 sqft
(Garage 931 sqft NOT included above.) All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being new construction, these units are easy to lease out. This is a very desirable location, you will see new construction and ongoing Construction all around. Property has little to no maintenance; super convenient for the owner. Estimated completion is June 2024. Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.
  1. Listed by Yossmira Hernandez • DRE #02051747 • Brokerage DRE #01526567 • First Family Homes • 562-417-2653

Property Details for 1210 Magnolia Avenue

Parking Spaces Total
10
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Builder
Living Area
8761
Assessor Parcel Number
5076-016-006
Property Attached YN
true

Location

Listing Courtesy of First Family Homes, Yossmira Hernandez, DRE #02051747
Add your commute
LISTING UPDATED: 05/10/2024 06:57 AM

Property Details for 1210 Magnolia Avenue

StatusActive
MLS #DW24071075
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built2024
Lot Size0.16 AC / 7,000 SF
CountyLos Angeles County

Location

Listing Courtesy of First Family Homes, Yossmira Hernandez, DRE #02051747
Add your commute

Building Information for 1210 Magnolia Avenue

Stories4Residences-Year Built2024Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$30,849 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,606

Property Taxes

$1,243

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1210 Magnolia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $446,400
  • Net Operating Income: $441,400
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $2,325
  • Pool Expense: $0
  • Electric Expense: $6,000
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $1,958
  • Water Sewer Expense: $3,000
  • Total Expenses: $18,283
Tax / Assessment Info
  • Tax Tract Number: CLA...
  • Tax Lot: 82
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: front and alley
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 6
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: Yes
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 1210 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1210 Magnolia Avenue

Taxable ValueLand$960,000Additions$240,000Total$1,200,000
Tax Record2023$14,918 ($1,243 / month)
Home Facts
Beds5Total Finished SqFt3,928 SqFtAbove Grade Finished SqFt3,928 SqFtStories2Lot Size7,001 SqFtStyleSingle Family ResidenceYear Built1902ZoningLAR3CountyLOS ANGELESAPN5076-016-006

Schools near 1210 Magnolia Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leo Politi Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1210 Magnolia Avenue is a mixed use property for sale in Los Angeles, CA 90006. This property was listed for sale on May 8, 2024 by First Family Homes, it's currently listed at $5,425,000. It has been on the market for a total of 16 days and was last sold on October 13, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Leo Politi Elementary School, Berendo Middle School and Contreras Learning Center-School Of Social Justice. 1210 Magnolia Avenue is a 19-bed, 26-bath, 8,761 sqft mixed use property built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Family Homes, Yossmira Hernandez, DRE #02051747

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.