1508 Magnolia Avenue

Los Angeles, CA 90006

$690,000
Price
$690,000
Price
9
Beds
4
Baths
3,360 Sq. Ft.
$205 / Sq. Ft.
3,360
Sq. Ft.
$205
per Sq. Ft.

Property Details for 1508 Magnolia Avenue

StatusWithdrawn / Cancelled
MLS #19492662
Year Built1926
DOM13
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.14 AC / 6,083 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Seung Hwan Choi

Landpac Properties

sawandhammer18@gmail.com

P: 213.388.5353

M: 213.458.0904

Contact Agent(s)

Property Details for 1508 Magnolia Avenue

Area
Mid Los Angeles (C16)
Parking Spaces Total
3
Pool
No
Cooling Type
Ceiling Fan(s)

Description

This 4 unit Victorian 3 story house is waiting for investors and buyers with creative idea. Great flip property. It needs repairs but got lots of potentials. The main house is vacant and back unit is occupied at $880 per month. Sold as-is. Seller will not do any repairs. The title says 4 unit: 3 unit for front and 1 unit for rare house. Do not disturb tenant at the back unit. Do not open any doors in the back unit, please. The buyer and agent have to do their own due diligence. Buyer must show proof...

Location

Listing Courtesy of Landpac Properties, Seung Hwan Choi, BRE #02066814

Building Information for 1508 Magnolia Avenue

Stories-Residences4Year Built1926Building Size-Lot Size0.14 AC / 6,083 SF

Payment Calculator

$2,781 per month

30 year fixed, 4.45% Interest

Principal and Interest

$2,781

Property Taxes

HOA Dues

$0

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Property Information for 1508 Magnolia Avenue

Property Features
    Interior Features
  • Appliances: None
  • Heating: None
    Parking Info
  • Parking Features: Driveway
Community/Development / Location Info
    School/Location Info
  • County: Los Angeles
  • Driving Directions: Near Hoover and Venice Bvd. Close to Koreatown, DTLA and USC.
    Association Information
  • Association/HOA: No
Income / Expense / Tax / Assessment Details
    Income Details
  • Adjusted Gross Income: $880
  • Gross Operating Income: $150
  • Net Operating Income: $880
    Assessment Info
  • Assessed Improvement Value: $143,238
  • Assessed Land Value: $265,259
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Public Records
  • Lot Size SQFT: 6083
  • Tax Parcel Number: 5056007018
  • Zoning: LARD1.5
Structure Info
    Structure Info
  • Units Total In Complex: 4
  • Number Of Buildings: 2
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Square Footage Source: Public Records
  • Year Built: 1926
Unit Information
    Unit 1 Info
  • Unit Furnished 1: Unfurnished
  • Unit Number Of Bath 1: 3.0
  • Unit Number Of Bed 1: 8.0
  • Unit Projected Total Monthly Rent 1: $6,500
  • Unit Type 1: 3.0
    Unit 2 Info
  • Unit Furnished 2: Unfurnished
  • Unit Monthly Rent 2: $880
  • Unit Number Of Bath 2: 1.0
  • Unit Number Of Bed 2: 1.0
  • Unit Projected Total Monthly Rent 2: $1,600
  • Unit Total Monthly Rent 2: $880
  • Unit Type 2: 1.0
    Unit 3 Info
  • Unit Furnished 3: Partially
    Unit 4 Info
  • Unit Furnished 4: Partially
    Unit 5 Info
  • Unit Furnished 5: Partially
    Unit 6 Info
  • Unit Furnished 6: Partially
    Unit 7 Info
  • Unit Furnished 7: Partially
    Unit 8 Info
  • Unit Furnished 8: Partially
    Unit 9 Info
  • Unit Furnished 9: Partially
    Unit 10 Info
  • Unit Furnished 10: Partially
    Unit 11 Info
  • Unit Furnished 11: Partially
    Unit 12 Info
  • Unit Furnished 12: Partially
    Unit 13 Info
  • Unit Furnished 13: Partially

Property History for 1508 Magnolia Avenue

DateEvent & SourcePriceAppreciation
Aug 16, 2019Withdrawn / Cancelled

CARETS #19492662

Aug 16, 2019Listed (Active)

CARETS #19492662

Aug 16, 2019Withdrawn / Cancelled

CARETS #19492662

DateEvent & SourcePrice
08/16/2019
Withdrawn / Cancelled

CARETS #19492662

08/16/2019
Listed (Active)

CARETS #19492662

08/16/2019
Withdrawn / Cancelled

CARETS #19492662

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

Public Records for 1508 Magnolia Avenue

Taxable ValueLand$270,564Additions$146,102Total$416,666
Tax Record2018$5,398
Home Facts
Beds9Finished Sq.Ft.3,360 SqFtLot Size6,083 SqFtStyleQuadraplexYear Built1926ZoningLARD1.5CountyLOS ANGELESAPN5056007018

Schools near 1508 Magnolia Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Magnolia Avenue Elementary SchoolPublicK-60.2 mi
2
West Adams Preparatory High SchoolPublic9-120.4 mi
2
Equitas Academy Charter SchoolCharterK-50.4 mi
8
Berendo Middle SchoolPublic6-80.5 mi
2

Magnolia Avenue Elementary School

K-6, 0.2 mi, Public

2

West Adams Preparatory High School

9-12, 0.4 mi, Public

2

Equitas Academy Charter School

K-5, 0.4 mi, Charter

8

Berendo Middle School

6-8, 0.5 mi, Public

2

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.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Landpac Properties, Seung Hwan Choi, BRE #02066814
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