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1739 MAGNOLIA Avenue, Los Angeles, CA 90006

Property · 2 recorded sales since 2016

1739 MAGNOLIA Avenue, Los Angeles, CA 90006 Sold March 2019 CRMLS
$3,470,000Sold March 2019

Listing Agent: Suminda Sellahewa (DRE #02061119) · Listing Office: Avarnka Real Estate, Inc. · Contact: 310-621-1563 · Bought with: J. Geo Kim · One Properties · MLS #18403162 · Source: CRMLS

9,314 sqft
Lot Size
2018
Year Built
Property
Type
CentralAir
Cooling

About this property

Brand new 6 Units just completed construction. Where else would you find a brand new 6 unit property with 6.32 CAP and GRM of 12.84. All units are 3 story with 9 foot ceilings. Each unit has 2 enclosed garages with direct access to the unit, Laundry in unit, new stainless steel appliances, Central Air condition and Heating, laminate floors through out, tiled bathrooms, quartz counter tops in kitchen and bathroom vanity, all units have enormous amount of natural light and mostly casement windows in all units. All units are separately metered for Water, Gas and Electricity. The units are currently vacant and new owner may set their own rents. The property is located with in Bike or BIRD ride from Down town LA. Few units have a direct view of DTLA sky line. Why pay $3750 for 1br in DTLA when you can be in 3br 3ba for the same price. There are additional parking on site other than enclosed garages. The property is fenced all 4 sides with back iron gates are on auto gate openers. Do not mis

Listing description from the March 2019 sale, as reported to CRMLS.

Sale history

$3,470,000
Sold March 2019 · listed $3,699,000, on market November 2018 · MLS #18403162 · Source: CRMLS
Listing Agent: Suminda Sellahewa · Listing Office: Avarnka Real Estate, Inc. · Contact: 310-621-1563 · Bought with: J. Geo Kim · One Properties
$700,000
Sold December 2016 · listed $699,000, on market August 2016 · MLS #AR16185183 · Source: CRMLS
Listing Agent: Tim Cragoe · Listing Office: Re/Max Premier Prop Arcadia · Contact: 626-229-2200 · Bought with: OUT OF AREA ARCADIA · OUT OF AREA OFFICE
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