1716 Magnolia Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1716 Magnolia Avenue,Los Angeles, CA 90006
$775,000
- 4 Beds
- 4 Baths
- 2,492 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.
MLS#:25625505
Source:CRMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$311
About this home
1716 Magnolia Avenue, a Spanish Colonial Revival four-unit property located in the Pico Union neighborhood of Los Angeles. Built in 1930 and totaling 2,492 square feet on a 4,879 square foot lot, the building offers one of the most attainable price points in the market today. With one unit delivered vacant at closing, the property is well suited for an entry-level investor seeking a house-hack opportunity while benefiting from strong long-term upside. Current rents are approximately 67% below market, providing a clear path for income growth through unit turnover and strategic renovations. Each unit includes in-unit laundry hookups and one private garage space, and recent exterior paint gives the building a clean, well-maintained appearance. The property is separately metered for gas and electricity, and the detached garages offer potential ADU conversion opportunities for future additional income (Buyer to verify).
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Home facts
- Year built:1930
- Listing ID #:25625505
- Added:7 day(s) ago
- Updated:December 17, 2025 at 05:38 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,492 sq. ft.
Structure and exterior
- Year built:1930
- Building area:2,492 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$311
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