1250 Magnolia AVE, Los Angeles, CA 90006
1250 Magnolia AVE, Los Angeles, CA 90006
1250 Magnolia AVE, Los Angeles, CA 90006
1250 Magnolia AVE, Los Angeles, CA 90006
1250 Magnolia AVE, Los Angeles, CA 90006
1250 Magnolia AVE, Los Angeles, CA 90006
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Nicole Garza

Nicole Garza

+1(210) 843-8208
$ 1,549,000
Est. payment | /mo

18 Beds

9 Baths

5,804 SqFt

Save
$ 1,549,000
Est. payment | /mo
Save

18 Beds

9 Baths

5,804 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,804 sqft

Price per Sqft $266

MLS Listing ID 26660577

Bedrooms 18

Full Baths 9

HOA Y/N No

Year Built 1901

Lot Size 9,801 Sqft

Property Sub-Type Single Family Residence

Property Description

A compelling investment and development opportunity in the heart of Koreatown, one of Los Angeles' most dense and high-demand rental markets. This gated Craftsman-style property sits on an approximately 9,800 sq ft lot with an existing structure of approximately 5,800 sq ft and offers on-site parking for up to 12 vehicles, a rare and valuable feature for the area.The property features a boarding house-style configuration with 9 bedrooms with en-suites and 9 singles with 3 shared bathrooms, with strong curb appeal and on-site laundry. The dense, supply-constrained submarket supports consistent rental demand, with additional income potential through furnished or corporate housing strategies, subject to buyer verification and local regulations. Zoned LAR3 per public records. Offered as-is. Ideal for investors or developers seeking a flexible asset with both income and repositioning potential. All information deemed reliable but not guaranteed. Buyer to conduct their own due diligence regarding zoning, use, unit count, square footage, lot size, permits, rent control applicability, income projections, and development feasibility.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms Shed(s)

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Controlled Entrance, Driveway, On Street

Fence Brick, Wrought Iron

Pool None

View Y/N Yes

Porch Front Porch

Total Parking Spaces 12

Private Pool No

Building

Entry Level Multi/Split

Architectural Style Craftsman

Level or Stories Multi/Split

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 5076016010

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cory Green The Hills Premier Realty #01989091

NEARBY SCHOOL & BUSINESS

Nicole Garza

+1(210) 843-8208

ngarzarealtor@gmail.com

Mobile Office, United States

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1250 Magnolia AVE