1428 Magnolia Avenue

Los Angeles, CA 90006

$1,400,000
Last Sold Price
6
Beds
4
Baths
4,328 Sq. Ft.
$323 / Sq. Ft.
4,328
Sq. Ft.
$323
per Sq. Ft.

Description

Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens...Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L. A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant. Seller has verified with city that SUBJECT PROPERTY IS ADU QUALIFIED.

Property Details for 1428 Magnolia Avenue

Architectural Style
Contemporary, Mid Century Modern
View
City Lights, Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Century 21 Allstars, Laura Borbon, DRE #01192623

Sold By Century 21 Allstars, Laura Borbon, DRE #01192623

Add your commute
LISTING UPDATED: 05/03/2024 03:29 AM

Property Details for 1428 Magnolia Avenue

StatusClosed
MLS #DW24012973
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1905
Lot Size0.14 AC / 6,086 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Allstars, Laura Borbon, DRE #01192623

Sold By Century 21 Allstars, Laura Borbon, DRE #01192623

Add your commute

Building Information for 1428 Magnolia Avenue

Stories2Residences-Year Built1905Building Size-Lot Size0.14 AC / 6,086 SF

Payment Calculator

$8,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1428 Magnolia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $55,620
  • Net Operating Income: $300
  • Financing: FHA
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 1315
  • Tax Census Tract: 2211.10
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 13
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Equipment: Dishwasher, Refrigerator
Exterior Features
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition, Shingle
  • Entry Location: street
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Chain Link, Wood
  • Foundation Details: Raised
  • Structure Type: Duplex
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved, Unpaved
  • Road Frontage Type: Alley, City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: None
  • Electric: 220 Volts
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Auto Driveway Gate
  • Parking Non-Garage: Auto Driveway Gate
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Auto Driveway Gate
Property / Structure Info
  • Architectural Style: Contemporary
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4635
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4635
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 1428 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 1428 Magnolia Avenue

Taxable ValueLand$459,000Additions$153,240Total$612,240
Tax Record2023$7,867 ($656 / month)
Home Facts
Total Finished SqFt4,328 SqFtAbove Grade Finished SqFt4,328 SqFtLot Size6,086 SqFtStyleDuplexYear Built1905ZoningLARD1.5CountyLOS ANGELESAPN5056-007-015

Schools near 1428 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
Charter - K to 5
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Equitas Academy Charter School
CharterK to 5

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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Similar Sold Homes

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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 Century 21 Allstars, Laura Borbon, DRE #01192623

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.