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iQsold inc
1716 Magnolia Ave, Los Angeles, CA 90006
- $680,000
- 4
- BD
- 4
- BA
- 2,492
- SqFt
- Sold Price
- $680,000
- List Price
- $775,000
- Closing Date
- Mar 09, 2026
- MLS#
- 25625505
- Year Built
- 1930
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,492
- Lot Size
- 4,821
- Days on Market
- 70
- Property Type
- Multifamily
- Stories
- 2
Property Description
1716 Magnolia Avenue, a Spanish Colonial Revival four-unit property located in the Pico Union neighborhood of Los Angeles. Built in 1930 and totaling 2,492 square feet on a 4,879 square foot lot, the building offers one of the most attainable price points in the market today. With one unit delivered vacant at closing, the property is well suited for an entry-level investor seeking a house-hack opportunity while benefiting from strong long-term upside. Current rents are approximately 67% below market, providing a clear path for income growth through unit turnover and strategic renovations. Each unit includes in-unit laundry hookups and one private garage space, and recent exterior paint gives the building a clean, well-maintained appearance. The property is separately metered for gas and electricity, and the detached garages offer potential ADU conversion opportunities for future additional income (Buyer to verify).
Additional Information
- Other Buildings
- None
- Heat
- None
- Cooling
- None
- Number of Cars in Garage
- None
- Garage Spaces Total
- 4
Mortgage Calculator
Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser - CA DRE#02128816 Selling Office: .
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).