For sale

$1,190,000

1438 Magnolia Ave, Los Angeles, CA 90006

4beds

4baths

4,200sqft

$7,683/mo

Get pre-qualified

Multi Family

Built in 1912

-- sqft lot

$1,147,600 Zestimate^®

$283/sqft

$-- HOA

What's special

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.

145 days
39
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Other

Cooling

Other

Appliances

Included: Range/Oven, Gas Water Heater

Interior area

Total structure area: 4,200
Total interior livable area: 4,200 sqft

Property

Parking

Parking features: Assigned

Features

Levels: One
Stories: 2

Lot

Size: 6,085 Square Feet

Details

Additional structures: None
Parcel number: 5056007016
Zoning: LARD1.5
Special conditions: Standard
Other equipment: Cable

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1912

Community & HOA

Community

Security: Other

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $283/sqft
Tax assessed value: $1,071,769
Date on market: 4/15/2026

Estimated market value

$1,147,600

$1.09M - $1.20M

$2,397/mo

Price history

Date	Event	Price
4/15/2026	Listed for sale	$1,190,000+21.4%$283/sqft
Source: CLAW #26721929 Report a problem
12/30/2019	Sold	$980,000-0.9%$233/sqft
Source: Public Record Report a problem
11/26/2019	Pending sale	$989,000$235/sqft
Source: New Star Realty #19508942 Report a problem
9/19/2019	Listed for sale	$989,000+76.6%$235/sqft
Source: New Star Realty #19508942 Report a problem
4/21/2008	Sold	$560,000-12.8%$133/sqft
Source: Public Record Report a problem
11/29/2006	Sold	$642,060-12.6%$153/sqft
Source: Public Record Report a problem
7/1/2005	Sold	$735,000+15.2%$175/sqft
Source: Public Record Report a problem
9/16/2004	Sold	$638,000+38.7%$152/sqft
Source: Public Record Report a problem
12/8/2003	Sold	$460,000+28.5%$110/sqft
Source: Public Record Report a problem
2/6/2003	Sold	$358,000+23.4%$85/sqft
Source: Public Record Report a problem
3/7/2002	Sold	$290,000-3.3%$69/sqft
Source: Public Record Report a problem
6/25/1999	Sold	$300,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,093,204 +2%
2025	$13,412 +1.4%	$1,071,769 +2%
2024	$13,228 +1.9%	$1,050,755 +2%
2023	$12,981 +4.7%	$1,030,153 +2%
2022	$12,393 +1.4%	$1,009,955 +2%
2021	$12,223 -1%	$990,152 +1%
2020	$12,343	$980,000 +18.9%
2019	$12,343 +21.9%	$824,239 +2%
2018	$10,124	$808,078 +2%
2017	$10,124 +2.1%	$792,234 +2%
2016	$9,911 +2.7%	$776,701 +1.5%
2015	$9,654 +17.3%	$765,035 +19.5%
2014	$8,229	$640,000 +21.2%
2012	--	$528,000
2011	--	$528,000
2010	--	$528,000 -26.1%
2009	--	$714,000 -22.2%
2008	--	$918,000 +2%
2007	--	$900,000 +22.4%
2006	--	$735,000 +12.9%
2005	--	$650,760 +41.5%
2004	--	$460,000 +55.5%
2003	--	$295,800 -7.1%
2002	--	$318,362 +4%
2000	--	$306,000