1438 Magnolia Ave, Los Angeles, CA, 90006
About This Home
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.
Getting Around
Walker's Paradise
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1912
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven,Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Details
- Parcel number: 5056007016
- Zoning: LARD1.5
- Special condition: Standard
- Other equipment: Cable
Features
- Levels: One
- Stories: 2
Lot
- Lot size: 6,085 sqft
Parking
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,017 | $72,204 |
| Home Insurance * | $270 | $3,240 |
| Property Taxes | $1,237 | $14,844 |
| Electricity | $900 | $10,807 |
| Total | $8,424 | $101,088 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $1,190,000 |
| 2019-12-30 | Sold | $980,000 |
| 2019-11-26 | Pending sale | $989,000 |
| 2019-09-19 | Listed for sale | $989,000 |
| 2008-04-21 | Sold | $560,000 |
| 2006-11-29 | Sold | $642,060 |
| 2005-07-01 | Sold | $735,000 |
| 2004-09-16 | Sold | $638,000 |
| 2003-12-08 | Sold | $460,000 |
| 2003-02-06 | Sold | $358,000 |
| 2002-03-07 | Sold | $290,000 |
| 1999-06-25 | Sold | $300,000 |
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