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Buy a houseat 1632 Magnolia Avenue, Los Angeles, CA 90006

$849,000

$899,000 (-5.56%)

$0/mo

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Residential

1,524 Sq. Ft.

3,478 Sq. Ft. lot

5 Bedrooms

2 Bathrooms

434 Days on market

PW23055222 MLS ID

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About 1632 Magnolia Avenue house

****Opportunity Calls!**** Great opportunity for an Investor to build Multiple units or rent the rooms to USC students. This home is in a prime location for a convenient commute, or an investment opportunity. Located in one of the most desirable streets in one of the most sought after neighborhoods in all of Los Angeles. Located 1 Mile to (5 minutes driving time) USC, 1.8 Miles (10 minutes driving time) to Exposition Park, Banc of California Stadium, LA Memorial Coliseum, Natural History Museum of Los Angeles, California African American Museum and Space Shuttle Endeavor. This is truly an SPECTACULAR OPPORTUNITY of a Lifetime with 5 bed 2 bath over 1500 SqFt of living space, this home is perfect to rent out or call home, and make use of its amazing location. The property is in pristine condition and is waiting for someone to move in! With new interior recessed lighting, new exterior lighting, toilets , new vanities, new faucets in kitchen and bathrooms, new central A/C 5-ton unit, new exterior windows, new kitchen cabinets and granite countertop, available 5 Car parking spots within the property, new doors and locks, new laminate flooring, new frameless bathroom, and much more. This Property is zoned RD1.5-1 ZONING for multiple Dwelling.
****Opportunity Calls!**** Great opportunity for an Investor to build Multiple units or rent the rooms to USC students. This home is in a prime location for a convenient commute, or an investment opportunity. Located in one of the most desirable streets in one of the most sought after neighborhoods in all of Los Angeles. Located 1 Mile to (5 minutes driving time) USC, 1.8 Miles (10 minutes driving time) to Exposition Park, Banc of California Stadium, LA Memorial Coliseum, Natural History Museum of Los Angeles, California African American Museum and Space Shuttle Endeavor. This is truly an SPECTACULAR OPPORTUNITY of a Lifetime with 5 bed 2 bath over 1500 SqFt of living space, this home is perfect to rent out or call home, and make use of its amazing location. The property is in pristine condition and is waiting for someone to move in! With new interior recessed lighting, new exterior lighting, toilets , new vanities, new faucets in kitchen and bathrooms, new central A/C 5-ton unit, new exterior windows, new kitchen cabinets and granite countertop, available 5 Car parking spots within the property, new doors and locks, new laminate flooring, new frameless bathroom, and much more. This Property is zoned RD1.5-1 ZONING for multiple Dwelling.

Property details

Bathrooms

2 full bathrooms

2 total bathrooms

2 bathrooms on main level

Bedrooms

5 total bedrooms

5 bedrooms on main level

Building

1 total stories

Built in 1906

Stories: 1

1,524 sqft living area

Craftsman

No Common Walls

Copper Plumbing

One

House

Community

Urban

Cooling

Central Air

Heating

Central

Interior Features

Granite Counters

Laundry

Laundry Room

Listing

Listing ID: PW23055222

Property Subtype: Single Family Residence

122 days on market

Listed on 2023-04-04

Location

County: Los Angeles

Lot

3478 sqft

0.0798 acres

Area: 3478

Rectangular Lot

Parking

5 open parking spaces

5 total parking spaces

Driveway

Gated

Possession

Close Of Escrow

Property

Single unit

Neighborhood

Roof

Composition

Schools

High School District: Los Angeles Unified

Sewer

Sewer Assessment(s)

Utilities

Standard

Electricity Connected

Natural Gas Connected

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$5,410/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$798,060

+$25,470

$823,530

Seller agent commission$25,470 (3%)*

$0 (0%)

Buyer agent commission$25,470 (3%)*

$25,470 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $25,470 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Jun 12, 2024 at 9:13 a.m.

Data updated: Aug 4, 2023 at 8:05 p.m.

Property listed by First Team Real Estate, Mauricio Montealegre 562-884-9644
Based on information from California Regional Multiple Listing Service, Inc. as of 08/04/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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