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Listed price in listed location currency (USD).
$1,549,000

221112

MLS® 26660577

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5804 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.225 acres
Approx. Age 1901
Avg. Price Per Sqft $266
MLS® Number 26660577

Property Address: 1250 Magnolia Ave, Los Angeles, CA, 90006-3508

Average square foot calculated using Size range provided by listing agent.

Description

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 regarding zoning, use, unit count, square footage, lot size, permits, rent control applicability, income projections, and development feasibility.
MLS® Number26660577
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.225
Exterior
GarageNo
Approx. Age1901
Basement
DrivewayControlled Entrance, Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$1,549,000List Price
  • Commute

Commute

Starting Address
Destination Address
1250 Magnolia Ave, Los Angeles, CA

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