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1428 Magnolia Avenue, Los Angeles, CA 90006
$1,400,000
1428 Magnolia Avenue, Los Angeles, CA 90006View this property at 1428 Magnolia Avenue, Los Angeles, CA 90006
1428 Magnolia AvenueLos AngelesCA90006
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Property Description
Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! ***PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant.*** Seller has verified with city that SUBJECT PROPERTY IS ADU QUALIFIED.
Full Property Details
Full Property Details for 1428 Magnolia Ave
General
- Sold For: $1,400,000
- Status: Closed
- Type: Multi-Family
- MLS ID: DW24012973
- Added to Site: 143 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Basement, Dressing Area, Family Room, Foyer, Laundry, Utility Room, Walk-In Closet
- Interior Features: 2 Staircases, Built-in Features, Copper Plumbing (Partial), Open Floorplan, Quartz Counters, Recessed Lighting, Unfurnished
- Fireplace(s): None
- Appliances: Built-In Range, Dishwasher, Refrigerator
- Flooring: Laminate, Wood
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Inside, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Parking Features: Automatic Driveway Gate
- Parking: Automatic Driveway Gate
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: N of Venice Blvd and W of Arapahoe St
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary, Mid Century Modern
- Foundation: Raised
- Roof: Composition, Shingle
- Windows: Double-Pane Windows, ENERGY STAR Qualified Windows
- Entry Location: street
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,328
- Year Built: 1905
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.1397
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $323.48
- Price Per Unit: 699950
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Exclusions: STAGING FURNITURE
Listed and Sold by Century 21 Allstars, Laura Borbon
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Schools
Schools serving 1428 Magnolia Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1626 Orchard Ave, Los Angeles, CA 90006 | K-5 | 0.2 mi | |
1157 S Berendo St, Los Angeles, CA 90006 | 6-8 | 0.5 mi | |
1500 W Washington Blvd, Los Angeles, CA 90007 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1428 Magnolia Ave
Date
Details
Price
Change
Source
5/01/2024
Sold
$1,400,000
0.01%
MLS
1/21/2024
Listed
$1,399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1428 Magnolia Avenue, Los Angeles, CA 90006 (MLS# DW24012973) is a Multi-Family property that was sold at $1,400,000 on May 01, 2024. Want to learn more about 1428 Magnolia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.