John E Burge

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Listing provided courtesy of High Equity Real Estate Service, Inc.- MLS# 26721929MLS Provider

1438 Magnolia AveLos Angeles, CA 90006

Multi-Family · 4 Beds · 4,200 Sq. ft. | 0.14 Acres
$1,190,000 Active

1438 Magnolia Ave Overview

Time on Site:
76 days
Visits:
0

Ideally situated in a high-demand, central Los Angeles location, this charming 4- unit property offers future potential and a first- time investor. the property features (4) spacious 1 bedroom/1 bath and 8 assigned parking in the back. Each unit provides a functional layout with ample natural light. This property boasts an exceptional high walk score, putting tenants just steps away from local amenities, restaurants and transportation. Commuting is a breeze with easy access to the 10 and 110 freeways, and itis just a short distance from the bustling Koreatown, the Convention center and LA downtown. it is good for 1031 exchange as well. Please do not disturb tenants, just drive by only. Parking is in the back entering alley in Venice blvd., Accepted offer subjected to showing, Sellers are motivated.

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1438 Magnolia Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,200
  • Price/Sq.ft. $283
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Gross Income: 70596
  • Net Operating Income: 60596.00

Building Information

  • Year Built: 1912

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid Los Angeles

Tax Information

  • Tax Assessed Value: 1071769

General Information

  • Disclosures: As Is
  • Property Type: Residential Income
  • Zoning: LARD1.5

Interior

Beds/Baths

  • Bathrooms Total: 4.00
  • Bedrooms Total: 4

General Information

  • Cooling: Other
  • Heating: Other
  • Levels: One
  • Living Area: 4200
  • Living Area Source: Vendor Enhanced
  • Security Features: Other
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.1397
  • Lot Size Area: 6087
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1

Building Exterior/Construction

  • Direction Faces: West

General Information

  • Number Of Units Total: 4
  • Other Structures: None

1438 Magnolia Ave Neighborhood

Community

90006 (LOS ANGELES) Demographics

34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1438 Magnolia Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1438 Magnolia Ave Market Data

Based on the last 30 days in this zip code

$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

1438 Magnolia Ave History

Date Event Value Agent
4/15/2026Source: CRMLS Added to Database
April 15, 2026
4/15/2026Source: TheMLS (CLAW) Added to Database
April 15, 2026
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