1250 Magnolia Avenue, Los Angeles, CA 90006
1250 Magnolia Avenue, Los Angeles, CA 90006
1250 Magnolia Avenue, Los Angeles, CA 90006
1250 Magnolia Avenue, Los Angeles, CA 90006
1250 Magnolia Avenue, Los Angeles, CA 90006
1250 Magnolia Avenue, Los Angeles, CA 90006
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$ 1,549,000
Est. payment | /mo

18 Beds

9 Baths

5,804 SqFt


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$ 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 CL26660577

Bedrooms 18

Full Baths 9

HOA Y/N No

Year Built 1901

Lot Size 9,803 Sqft

Acres 0.225

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

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Laundry Dryer, Laundry Room, Washer

Exterior

Exterior Feature Other

Pool None

Total Parking Spaces 12

Private Pool false

Building

Architectural Style Craftsman

Level or Stories Multi/Split

New Construction No

Others

Tax ID 5076016010

Bridge MLS
Listed by Cory Green • The Hills Premier Realty

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent | License ID: 02055089

+1(925) 206-9799

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1250 Magnolia Avenue