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listing
1 of 33
Residential IncomeFor Sale
$4,996,880
1210 Magnolia Ave
Los Angeles, CA 90006
Listed by Yossmira Hernandez DRE#02051747 [email protected] First Family Homes
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$25,893/mo

Presenting a Clean Modern look BRAND NEW CONSTRUCTION “2024 Built” Multi-family Investment 5 Unit Property that can produce you a Great Passive Income. LOCATION, LOCATION, LOCATION!! Here is your Big Opportunity. Huge price reduction! Priced to sell or keep. Property’s breakdown is the following: This Project consists of 2 Duplexes and 1 Single Family Dwelling; a total of 5 units. [(1) 7Bd 6Ba, (2) 7Bd 5Ba & (2) 5Bd 5Ba] Total of 31 Bedrooms and 26 Baths Property Addresses: 1206, 1206 1/2, 1208, 1208 1/2 & 1210 Magnolia Ave, Los Angeles CA 90006 Total approx. Living sqft: 8,761 Total approx. Lot sqft: 7,000 Breakdown: SFD: 1,414 sqft Duplex A Unit 1: 2,088 sqft Duplex A Unit 2: 2,088 sqft Duplex B Unit 1: 1,585.5 sqft Duplex B Unit 2: 1,585.5 sqft (Garage 931 sqft NOT included above.) All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Being a New Construction, these units are easy to lease out. This is a very desirable location, new builds are in demand. Property has little to no maintenance; super convenient for the owner. Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.

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