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1250 Magnolia Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:CENTURY 21 Valley Properties
1250 Magnolia Avenue,Los Angeles, CA 90006
$1,549,000
  • 18 Beds
  • 9 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...

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Home facts

  • Year built:1901
  • Listing ID #:26660577
  • Added:50 day(s) ago
  • Updated:April 30, 2026 at 10:30 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:9
  • Full bathrooms:9
  • Flooring:Laminate, Tile, Wood
  • Basement:Yes
  • 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
  • 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

Parking

  • Total parking spaces:12
  • Parking description:Controlled Entrance, Driveway, On Street
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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