Great investment opportunity to own this Income producing (TRIPLEX) in the city of Los Angeles. Property characteristics are as follow; Property built in 1904, Living area 2,125(SF), Lot size 7,966(SF) and Zoning LARD1.5/ Wrought iron fence, long drive-way with lots of parking space in the back, roof still in good condition. Units features; (#1)unit consist of 2 bedrooms 1 bath, (#2) unit 2 bedrooms and 1 bath and (#3 )unit 1 Bedroom with a additional bonus room, making this unit a 2 bedrooms and 1 Bath. Rents are received monthly with no issues. Property located near schools, shops, restaurants, Public transportation, freeways and much more.
Sold for $789,000 on 11/08/24
Listing Provided by:
Franklin Berrios DRE #01400029 818-403-9028,
Landhills Realty, Inc.
Bought with: Coldwell Banker Realty
$789,000
1734 Magnolia Ave, Los Angeles, CA 90006
5beds
3baths
2,125sqft
Triplex
Built in 1904
-- sqft lot
$763,300 Zestimate®
$371/sqft
$2,074 Estimated rent
Home value
$763,300
$687,000 - $847,000
$2,074/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 07:28pm
Listing Provided by:
Franklin Berrios DRE #01400029 818-403-9028,
Landhills Realty, Inc.
Bought with:
James Song, DRE #01354282
Coldwell Banker Realty
Source: CRMLS,MLS#: SR24132662
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- See Remarks, Wall/Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: None
Features
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,125
- Total interior livable area: 2,125 sqft
Property
Parking
- Total spaces: 5
- Parking features: Concrete, Driveway
- Uncovered spaces: 5
Accessibility
- Accessibility features: Parking, See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 7,968 sqft
- Features: Rectangular Lot, Yard
Details
- Parcel number: 5056013021
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Drywall, Frame, Concrete, Stucco, Wood Siding
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: Unknown
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 4991
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/8/2024 | Sold | $789,000-1.4%$371/sqft |
Source:  CRMLS #SR24132662 | ||
| 9/6/2024 | Pending sale | $799,999$376/sqft |
Source: CRMLS #SR24132662 | ||
| 8/14/2024 | Price change | $799,999-10.6%$376/sqft |
Source: CRMLS #SR24132662 | ||
| 7/12/2024 | Price change | $895,000-10.1%$421/sqft |
Source: CRMLS #SR24132662 | ||
| 7/9/2024 | Pending sale | $995,000$468/sqft |
Source: CRMLS #SR24132662 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,655 +43.3% | $789,000 +36% |
| 2024 | $7,437 +1.8% | $580,287 +2% |
| 2023 | $7,303 +4.6% | $568,910 +2% |
Find assessor info on the county website
Neighborhood: Harvard Heights
Nearby schools
GreatSchools rating
- 7/10Magnolia Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Berendo Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$763,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$763,300