$1,190,000
1438 Magnolia Avenue, Los Angeles CA 90006
Multi-Family (4 Units)
Property type
51 days
On market
$283
Price per sqft
N/A
Garage
1912
Year built
6,087 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Jung-Anna Kim DRE #00797256, High Equity Real Estate Service, Inc.
Listing updated: Apr 22, 2026 at 07:18am.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #26721929
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,565 | $1,565 | $1,900 | Unfurnished |
| 2 | 1 | 1 | — | $1,000 | $1,000 | $1,900 | Unfurnished |
| 3 | 1 | 1 | — | $1,591 | $1,591 | $1,900 | Unfurnished |
| 4 | 1 | 1 | — | $1,727 | $1,727 | $1,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Financial Snapshot
Gross Rent Multiplier
16.9x
List Price / Annual Gross Rent
Cap Rate
5.09%
NOI / List Price
Net Operating Income: $60,596
Exterior
Stories Total: 2
Levels: One
Direction Faces: West
Garage and Parking
Parking: Assigned
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5056007016
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1438 Magnolia Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$952,000
Total Interest
$1,214,224
Total Payment
$2,166,224
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,407
per month
Property History for 1438 Magnolia Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
Similar Homes
Listings with similar prices to 1438 Magnolia Avenue