1250 Magnolia Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1250 Magnolia Avenue,Los Angeles, CA 90006
$1,549,000
  • 18 Beds
  • 9 Baths
  • 5,804 sq. ft.
  • Single family
  • Active
Listed by: cory green
Office: the hills premier realty
MLS#:26660577
Source:CRMLS

Price summary

  • Price:$1,549,000
  • Price per sq. ft.:$266.88

About this home

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...

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Home facts

  • Year built:1901
  • Listing ID #:26660577
  • Added:45 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:9
  • Full bathrooms:9
  • Flooring:Laminate, Tile, Wood
  • Basement:Yes
  • Living area:5,804 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1901
  • Building area:5,804 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:Craftsman
  • Exterior Features:FrontPorch

Finances and disclosures

  • Price:$1,549,000
  • Price per sq. ft.:$266.88

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:12
  • Parking description:Controlled Entrance, Driveway, On Street
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