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1250 Magnolia Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
1250 Magnolia Avenue,Los Angeles, CA 90006
$1,549,000
  • 18 Beds
  • 9 Baths
  • 5,804 sq. ft.
  • Single family
  • Pending
Listed by: cory green
Office: the hills premier realty
MLS#:CL26660577
Source:Bay East, CCAR, bridgeMLS

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...

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Home facts

  • Year built:1901
  • Listing ID #:CL26660577
  • Added:97 day(s) ago
  • Updated:June 18, 2026 at 07:58 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:9
  • Full bathrooms:9
  • Flooring:Laminate, Tile, Wood
  • Living area:5,804 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1901
  • Building area:5,804 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:Craftsman, Multi/Split, Single Family Residence
  • Levels:Multi/Split

Finances and disclosures

  • Price:$1,549,000
  • Price per sq. ft.:$266.88

Features and amenities

  • Laundry features:Dryer, Laundry Room, Washer

Parking

  • Parking description:On Street
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 18, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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