Homes for sale - 1330 Magnolia AVE, Los Angeles, CA 90006

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 980,800

Est. payment -/mo

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Active

1330 Magnolia AVE Los Angeles, CA 90006

2,728 SqFt

UPDATED:

11/02/2020 09:51 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,728 sqft

Price per Sqft $359

MLS Listing ID DW20158711

Style Craftsman

HOA Y/N No

Year Built 1947

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Welcome to 1330 Magnolia Avenue which is located in the Pico Union area of Los Angeles. Here's your unique opportunity to own a piece of Los Angeles. Aside from being located in a prime location of LA due to its proximity to DTLA & all that this economic powerhouse has to offer, you're steps away from public transport incl the Metro Red & Purple Lines, as well as the app 186 restaurants, bars & coffee shops located in the historical Pico Union enclave. 1330 Magnolia is considered to have a WalkScore® of 91 out of 100 ("Walker’s Paradise.") Who needs a car living here? This beautiful California craftsman & detached unit is physically 4 units. The front bldg is a triplex w/a 3 bedroom/1 bath unit alongside a studio on the first floor as well as a 2 bedroom + bonus room on the 2nd story w/1 bathroom. The rear detached unit has 2 bedrooms/1 bath. The upstairs 2 bedroom/1 bath unit will be delivered vacant. Perfect opportunity for you to pick your own tenant or live in this vacant unit & continue renting the others. If you are tired of looking at tract homes with 0 character, here's your opportunity to own an asset with tons of charm...a gable roof, front porch, overhanging eaves, plenty of built-ins......Possible Development opportunity. May potentially be in a TOC zone. Per planning dept, condos can be built on this lot. Buyers are to verify entire condition & all info on this property on their own & satisfy themselves as to all aspects. Info deemed reliable but not guaranteed.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Cooling See Remarks

Laundry See Remarks

Exterior

Fence Chain Link, Wood

Pool None

Community Features Street Lights

View Y/N Yes

View City Lights, Neighborhood

Private Pool No

Building

Lot Description Front Yard, Rectangular Lot, Near Public Transit

Story 1

Sewer Unknown

Water Other

Architectural Style Craftsman

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

BAC 2.0

TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional,FHA,FHA 203(b),FHA 203(k)

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS **Instructions for submitting an offer: VERY IMPORTANT. PLEASE READ. THIS WILL HELP ENSURE YOUR OFFER WILL BE RECEIVED & PROCESSED. ALL OFFERS must be submitted w/ 1) recent proof of funds (45 days or less), 2) prequal letter, 3) FICO scores & 4) DU. 5) C.A.R. COVER SHEET in 6) ONE ATTACHMENT ONLY &...MOST IMPORTANTLY.... 7) EMAIL to Offers@TheAvellanGroup.com. *Your offer will ONLY be processed if sent to the correct email address which again is Offers@theAvellanGroup.com. You will receive an auto generated email confirming receipt of your offer.* Buyers and Buyers agent are to verify entire condition & all info on this property on their own & satisfy themselves as to all aspects. Info deemed reliable but not guaranteed., To access PEAD (Property Entry Advisory and Declaration) forms, which help you maintain compliance with CDC and DRE recommendations during the COVID-19 pandemic, click here: https://app.glide.com/integrations/mlsfeed?mls=crmls&listing_id=DW20158711

SHOW CONTACT TYPE See Remarks

SHOW INSTRUCTIONS **Complete all items in the Supplements prior to any/all showings** The upstairs unit in the main front building is vacant and can be shown by Appointment Only. Send PEAD to Offers@TheAvellanGroup.com. USE SHOWINGTIME APPLICATION IN YOUR MLS TO BOOK A SHOWING by clicking the ShowingTime icon. ALL SHOWINGS by APPOINTMENT ONLY via SHOWINGTIME. SHORT NOTICE OK. If your MLS does not have the icon/link(in your mls), please download the app from your playstore. The remaining 3 OCCUPIED units can be shown ONLY after submitting an offer subject to inspection.

Listed by Keller Williams SELA

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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