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Back 1739 Magnolia Ave
Off Market

1739 Magnolia Ave

Los Angeles CA 90006

9390 sq. ft.
9314 sq. ft.
Other
Last sold for $3,470,000
Suminda SellahewaSuminda Sellahewa, last sold this property on 12 March 2019 after 128 days on market.

Overview

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

Features

9390 sq. ft. floor area
9314 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1739 Magnolia Ave is $1.2m.

Median value
$1.2m
Estimated value range
$680k - $10.6m
Median days on market
50
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1739 Magnolia Ave

2019
Sold
$3,470,000
12 Mar 2019 by Suminda Sellahewa, of L and M Estates, Inc.

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for other properties in Los Angeles

In the last 12 months, 21 other properties similar to 1739 Magnolia Ave, have been sold.

This represents a 14% increase in other properties sales when compared to the previous 12 months.

Nearby agents

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Jennifer Cisco is a recommended agent for Los Angeles.  They have collected 1 local review across the last 12 months.

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Jonghyeok Choi

Jonghyeok Choi is a recommended agent for Los Angeles.  They have 3 local sales across the last 12 months.

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