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1100 Magnolia Ave
Los Angeles, CA 90006
Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 5,954 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1904 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,954 SF |
| No. Stories | 2 |
| Year Built | 1904 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | R3 |
About 1100 MAGNOLIA AVE , LOS ANGELES, CA 90006
Great investment opportunity to own a 8 unit apartment building in prime K-town! With new developments coming into this area, it's great for any investors who are looking into building a new construction on this R3 zone 8,442 Lot. Property next door is almost done with it's new construction on a 9 unit condominium. This fits perfectly for those looking for a 1031 exchange, long term hold, or to add to their portfolio in this city with high rental demands! This is a 2 dwelling building each consisting of 4 units, to totaling 8 units of Three 2Br/1Ba and Five 1Br/1Ba. Actual Gross is bringing in $114,252 with proforma at $152,400!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,165 | - |
| 2+1 | 3 | $1,324 | - |
Property Taxes
| Parcel Number | 5076-013-001 | Improvements Assessment | $550,114 |
| Land Assessment | $1,283,605 | Total Assessment | $1,833,719 |
Property Taxes
