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.
For sale
$1,190,000
1438 Magnolia Ave, Los Angeles, CA 90006
4beds
4baths
4,200sqft
:
Get pre-qualified$7,992/mo
Multi Family
Built in 1912
-- sqft lot
$1,126,000 Zestimate®
$283/sqft
$-- HOA
What's special
- 100 days |
- 42 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jung-Anna Kim DRE # 00797256 213-216-4315,
High Equity Real Estate Service, Inc. 310-528-5240
Source: CLAW,MLS#: 26721929
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
- Annual tax amount: $13,412
- Date on market: 4/15/2026
Estimated market value
$1,126,000
$1.07M - $1.18M
$2,711/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 |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Harvard Heights
Nearby schools
GreatSchools rating
- 8/10Magnolia Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Berendo Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.5 mi
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