1250 Magnolia Avenue, Los Angeles, CA 90006
Local realty services provided by:CENTURY 21 Century Real Estate
1250 Magnolia Avenue,Los Angeles, CA 90006
$1,549,000
- 22 Beds
- 11 Baths
- 5,804 sq. ft.
- Single family
- Active
Listed by: cory green
Office: the hills premier realty
MLS#:26660577
Source:CRMLS
Price summary
- Price:$1,549,000
- Price per sq. ft.:$266.88
About this home
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.
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Home facts
- Year built:1901
- Listing ID #:26660577
- Added:1 day(s) ago
- Updated:March 11, 2026 at 04:36 AM
Rooms and interior
- Bedrooms:22
- Total bathrooms:11
- Full bathrooms:11
- Flooring:Laminate, Tile, Wood
- Basement:Yes
- Living area:5,804 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1901
- Building area:5,804 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:Craftsman
- Exterior Features:FrontPorch
Finances and disclosures
- Price:$1,549,000
- Price per sq. ft.:$266.88
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
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