2620 Magnolia Avenue
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 6,104 sqft lot
- 1914 build
- – on site
This beautifully restored Victorian 4-plex is located in the heart of North University Park and is in a prime area for USC student housing. Nestled on a picturesque, tree-lined street blocks from the University of Southern California, the property offers the perfect blend of classic charm and modern updates. Recently remodeled inside and out, each of the four spacious units features a contemporary kitchen with new stainless steel appliances, updated bathrooms, an in-unit washer and dryer, and central air and heat. The property is fully tenant-occupied, with leases in place through the 2025-2026 academic year, providing immediate and consistent rental income. With over 49,000 students enrolled at USC, including nearly 21,000 undergraduates, the need for quality housing close to campus remains steady year after year. The location is just minutes away from DTLA and all the restaurants and shops of West Adams. This is a rare investment opportunity to own a fully leased, high-yield property steps from USC, surrounded by beautiful historic homes and vibrant city living.
Last checked:
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Last updated Apr 8, 2025
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MLS# 25522079 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1914
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New Construction:No
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Building Area Total:4185.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
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Flooring:Laminate
Financial & Terms
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Disclosures:Historical, Rent Control
Location
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Directions:West of Hoover, South of Adams
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Latitude:34.03193900
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Longitude:-118.28614800
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:6104.0000
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Lot Size Acres:0.1401
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Lot Size SqFt:6104.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5055025003
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Private
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Parking Spaces:4.00
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Uncovered Spaces:4.00
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/7/25
Apr 7, 2025
|
Listed / Active | CRMLS_CA | $3,800,000 | 463.0% (39.1% / YR) |
|
6/3/13
Jun 3, 2013
|
CRMLS_CA | $675,000 |
