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Stacey Alysson Melman

1438 Magnolia AV
Los Angeles, CA, 90006
$1,190,000
4 Beds
4 Baths
4,200 SqFt
0.14 Acres
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MLS #26721929 image #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.
AGENT: Jung-Anna Kim
LISTING BROKERAGE: High Equity Real Estate Service, Inc.
1438 Magnolia AV
Los Angeles, CA

Property Details

Price:
$1,190,000
MLS #:
26721929
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Apr 15, 2026
Finished Sq Ft:
4,200
Total Sq Ft:
4,200
Lot Size:
6,087 sqft / 0.14 acres (approx)
Year Built:
1912
C16 – Mid Los AngelesC16midlosangeles
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Schools

Interior

Levels
A

Exterior

Direction Faces
W

Financial

Gross Operating Income
$70,596
Net Operating Income
$60,596

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Community

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