2001 Magnolia Avenue
Los Angeles, CA 90007
- 3 beds
- 2 baths
- 1,458 sqft
- 5,964 sqft lot
- $596 per sqft
- 1903 build
- – on site
More homes
Welcome to this beautifully renovated California bungalow that offers an exceptional opportunity for both homeowners and investors alike. Conveniently located on a corner lot in a prime Los Angeles neighborhood, this home is just minutes from the 10 and 110 freeways, USC & USC Village, Exposition Park, and downtown Los Angeles. With easy access to popular areas and public transportation--located less than 700 feet from a main bus stop--this property offers an ideal blend of urban living and accessibility. The 1,458 square foot home sits on a spacious 5,964 square foot lot, providing endless possibilities for expansion. Zoned LARD1.5 with TOC Tier 3 status, the property allows for up to 7 units on the lot, making it perfect for adding up to 6 additional dwelling units (ADUs) to generate rental income or accommodate guests. Notably, this property is NOT subject to the City of Los Angeles' Rental Stabilization Ordinance (RSO), offering added flexibility for potential investors. The home itself has been tastefully upgraded with brand-new windows, hardwood floors, carpet, and tile throughout. Brand-new air condition units have been installed to ensure year-round comfort. Solar panels have also recently been installed to further decrease the owner's energy costs. The fully renovated kitchen is a chef's delight, featuring brand-new stainless steel appliances and elegant marble countertops. The current layout includes 3 bedrooms and 2 bathrooms, along with a spacious living room, dining room, foyer, and laundry/utility area with W/D hookups. Outdoor living is just as inviting with charming front and back porches perfect for relaxing or entertaining, and spacious front and back yards. The fenced-in front and back yards provide both security and tranquility, complete with designated gardening areas. The gated driveway offers ample parking for up to 4 cars, in addition to a covered parking area and storage unit. Whether you're looking to to make this your dream home or seeking a smart investment opportunity, 2001 Magnolia Ave is a must-see. Schedule a showing today to explore all that this exceptional property has to offer!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 11, 2024
•
MLS# 24433441 —
The Building
-
Year Built:1903
-
New Construction:No
-
Stories Total:1
-
Common Walls:No Common Walls
Interior
-
Features:Ceiling Fan(s)
-
Levels:One
-
Flooring:Wood, Carpet, Tile
-
Room Type:Den, Walk-In Closet, Family Room, Formal Entry
-
Fireplace:No
-
Fireplace:None
-
Laundry:See Remarks
-
Laundry:1
Room Dimensions
-
Living Area:1458.00
Location
-
Directions:South of W Washington Blvd & east of Vermont Ave.
-
Latitude:34.03802200
-
Longitude:-118.28738400
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Property Condition:Updated/Remodeled
-
Zoning:LARD1.5
-
Lot Size Area:5964.0000
-
Lot Size Dimensions:40x149
-
Lot Size Acres:0.1369
-
Lot Size SqFt:5964.00
-
View:1
-
View:City Lights
-
Security Features:Smoke Detector(s), Gated Community, Carbon Monoxide Detector(s), Fire and Smoke Detection System
-
Other Structures:Shed(s)
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Total Bedrooms:3
Baths
-
Total Baths:2
-
Full & Three Quarter Baths:2
-
Full Baths:2
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5056029004
Heating & Cooling
-
Heating:1
-
Heating:Natural Gas
Appliances
-
Appliances:Dishwasher, Disposal, Refrigerator
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Carport, Concrete, Gated, Covered
-
Parking Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/4/24
Oct 4, 2024
|
BRIDGE | $875,000 | ||
|
10/4/24
Oct 4, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $875,000 | |
|
8/29/24
Aug 29, 2024
|
Listed / Active | CRMLS_CA | $875,000 |
