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1428 Magnolia Ave, Los Angeles, CA 90006
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1428 Magnolia Ave Los Angeles, CA 90006

$1,399,900 Sold Price as of 05/03/2024
  • 6 Beds
  • 3.5 Baths
  • 4,328 Sq.Ft.
Sold
$1,399,900 Sold Price as of 05/03/2024 Refinance Your Mortgage
Map preview of 1428 Magnolia Ave, Los Angeles, CA 90006

Property Overview: 1428 Magnolia Ave Los Angeles, CA has 6 bedrooms, 3.5 bathrooms, 4,328 living square feet and 6,086 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! ***PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant.***

Listed by Laura Borbon | BRE #01192623 | Century 21 Allstars
Last checked: 14 minutes ago | Last updated: May 5th, 2024 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
6,086
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW24007754
City
Los Angeles
County
Los Angeles
Time on Site
249 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,635
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,635
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,620
  • Net Operating Income: $300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1428 Magnolia Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5056007015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N of Venice Blvd and E of Magnolia Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1428 Magnolia Ave

Last sold for $1,399,900 on May 3rd, 2024

  • May, 2024

  • May 3, 2024

    Date

    Sold

    CRMLS: DW24013731

    $1,400,000

    Price

  • Jan 22, 2024

    Date

    Active

    CRMLS: DW24013731

    $699,900

    Price

  • Listing provided courtesy of CRMLS

    Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! ***PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant.*** Seller has verified with city that SUBJECT PROPERTY IS ADU QUALIFIED.

  • May, 2024

  • May 3, 2024

    Date

    Sold

    CRMLS: DW24007754

    $1,399,900

    Price

  • Jan 13, 2024

    Date

    Active

    CRMLS: DW24007754

    $699,900

    Price

  • May, 2024

  • May 1, 2024

    Date

    Sold

    CRMLS: DW24012973

    $1,400,000

    Price

  • Jan 21, 2024

    Date

    Active

    CRMLS: DW24012973

    $139,900

    Price

  • Listing provided courtesy of CRMLS

    Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! ***PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant.*** Seller has verified with city that SUBJECT PROPERTY IS ADU QUALIFIED.

  • May, 2024

  • May 1, 2024

    Date

    Sold

    CRMLS: DW24013716

    $1,400,000

    Price

  • Jan 22, 2024

    Date

    Active

    CRMLS: DW24013716

    $699,900

    Price

  • Listing provided courtesy of CRMLS

    Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, , therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $3,756 - $4,635. (75% Percentile) This duplex is sure to fulfill all of your buyer's needs! ***PROPERTY CAN BE SOLD FRACTIONALLY @ $699,990 EACH (TIC) or AS A DUPLEX @ $1,399,900 (BOTH) Seller is open to selling each unit separately or as Duplex. Both units are for sale & vacant.*** Seller has verified with city that SUBJECT PROPERTY IS ADU QUALIFIED.

  • December, 2023

  • Dec 27, 2023

    Date

    Canceled

    CRMLS: DW23152493

    $1,299,999

    Price

  • Aug 16, 2023

    Date

    Active

    CRMLS: DW23152493

    $1,399,999

    Price

  • Listing provided courtesy of CRMLS

    Stunning, Newly Remodeled Duplex located in the heart of "Korea Town". This Modern / Contemporary Duplex features two Spacious Units comprised of 3 Bedrooms, 2 Baths, 2,164 SqFt Each, therefore providing ample space for Comfortable Living. Upon entering, you'll immediately notice the modern and sophisticated details carefully selected to complement each unit's Sleek Design. Living Areas are adorned in natural light thereby creating a Warm and perfect Atmosphere for complete Relaxation. Kitchens are equipped with Top-of-the-Line Stainless Steel Appliances: Refrigerator, Oven, Dishwasher and Microwave, Elegant Countertops and Cabinetry. All Bedrooms are Generously Sized and offer plenty of closet space for all your storage needs. Bathrooms are skillfully crafted with modern Showers and Decorative Stone Tile from top to bottom. New Plumbing & Electrical Systems throughout for worry-free Living. This Unique Duplex feature their "Own Private Parking" with Remote Gate Access, providing convenient and safe alley access to both your car and home. Ponder over Breathtaking Sunsets each day from your rear balcony view, Located just 10 Minutes away from "L.A. Live, USC Campus and the notorious Beverly Center Mall, you'll have access to a wide variety of Restaurants, Coffee Shops, Shopping and Entertainment. Perfect for your First Time Buyers or "Student Housing" Investors! "Rent 0 Meter" average rents range from $8343 to $9641 (75% Percentile) This duplex is sure to fulfill all of your buyer's needs!

  • August, 2023

  • Aug 3, 2023

    Date

    Canceled

    CRMLS: DW23071147

    $1,445,000

    Price

  • Apr 27, 2023

    Date

    Active

    CRMLS: DW23071147

    $1,475,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing a stunning newly furnished duplex located in the heart of Ktown, Los Angeles, now available for sale! This fantastic property features two spacious units, each with 3 bedrooms and 2 bathrooms, providing ample space for comfortable living. As you step inside, you'll immediately notice the modern and sophisticated furnishings that have been carefully selected to complement the property's sleek design. The living areas are bathed in natural light, creating a warm and inviting atmosphere that's perfect for relaxing or entertaining. The kitchens are equipped with top-of-the-line appliances, including stainless steel refrigerators, ovens, and dishwashers, and are finished with elegant countertops and cabinetry. The bedrooms are generously sized and offer plenty of closet space for all your storage needs. One of the best features of this property is the ample parking available in the rear, providing you with the convenience of easy access to your car whenever you need it. Located in the vibrant and bustling neighborhood of Ktown, you'll have access to a wide variety of restaurants, cafes, shops, and entertainment options just steps away. Whether you're a first-time homebuyer, a savvy investor, or anyone looking for a spacious and modern home in a fantastic location, this duplex is sure to impress. Don't miss out on this fantastic opportunity to own a piece of prime real estate in the heart of Ktown!

  • April, 2023

  • Apr 10, 2023

    Date

    Canceled

    CRMLS: DW23002641

    $1,499,900

    Price

  • Jan 8, 2023

    Date

    Active

    CRMLS: DW23002641

    $1,624,900

    Price

  • Listing provided courtesy of CRMLS

    WOW!!! FULLY REMODELED VACANT DUPLEX, ZONED LARD1.5! Located 1.6 Miles from the Reputable USC CAMPUS (6-13 minutes, depending on form of transportation) LUCRATIVE OPPORTUNITY for "Buy and Hold" Investors looking for a "STUDENT HOUSING" OPPORTUNITY! Located near L.A. Live, Shopping, Dinning, DTLA, Nokia Theatre, Crypto.Com Arena, USC / Keck Medical Center, Fashion District, Arts and Produce District, Walt Disney Concert Hall, Pico Union Station and the infamous L.A Coliseum. Simply put these gorgeous units are located in the heart of "life itself" and waiting for your buyers to write their own chapter to Modern, California Living!!! ENORMOUS UNITS ARE THE ONLY ONES CURRENTLY AVAILABLE ON THE MARKET to offer: 2171 SQFT PER UNIT, (TOTAL 4,342 SQFT) of Commodious Upstairs/ Downstairs Living, 3 Sizable, Spacious Bedrooms with Walk-In Closets and Wall-to-Wall Mirrored Closet Doors, Adjacent Semi-Private Bonus Room which could be used at 4th "Day Bedroom", "Work Station, Study Room, Nursery or Peaceful Retreat" - Let your imagination Run with it...!!! Tastefully Remodeled Full Baths with Modern Glass Shower Doors, Decorative Ceramic Tile Shower Stalls and Flooring throughout. Kitchens Feature: Preset Day Shaker Cabinets with Wine Rack Storage, Quartz Counter Tops, New Stainless Steel Appliances (Gas Range, Dishwasher and Refrigerator, Microwave) in each unit. Individual Laundry Rooms conveniently located inside each unit. New Wood Laminate Flooring throughout units with Plush Carpet on Stairs, New Light Fixtures and Hardware through out, New Dual Pane / Energy Efficient Windows through out entire building. Charming and Well Manicured Flower Beds in Front and Back Yard decorated with low Maintenance Succulents for Charming Curb Appeal, Contemporary Wrought Iron Gate with Locks in Front and Electric Wrought Iron Gate in Rear with Remote Controls for added Security and Convenience! Come and see for yourself!

  • March, 2021

  • Mar 13, 2021

    Date

    Expired

    CRMLS: DW20215587

    $799,900

    Price

  • Feb 23, 2021

    Date

    Hold

    CRMLS: DW20215587

    $799,900

    Price

  • Oct 14, 2020

    Date

    Active

    CRMLS: DW20215587

    $799,900

    Price

  • Listing provided courtesy of CRMLS

  • April, 1996

  • Apr 22, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1995

  • Dec 8, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1428 Magnolia Ave

Assessed Value (2020): $445,518
Year Land Value Improved Value Assessed Value
2020 $362,831 $82,687 $445,518

Home Value Compared to the Market

This property vs the competition

1428 Magnolia Ave sold on May 3, 2024 for 37.51% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $161.71 per/sqft which puts the price per square foot 77.66% lower than the current median sale per square foot for the city of Los Angeles.

About 1428 Magnolia Ave

Detailed summary of property

1428 Magnolia Ave is a duplex that recently sold in Los Angeles, CA 90006. This duplex offered 6 bedrooms, 3.5 bathrooms, roughly 4,328 living square feet, and sits on an approximately 6,086 square foot lot. 1428 Magnolia Ave was first listed on ArdentRealEstateGroup.com on January 13, 2024. The homeowner sold the property for $1,399,900. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.51% lower than the current median priced home. Local homes that are currently for sale include 1109 S Ardmore Ave, 1144 S Kingsley Dr and 1475 W 28th St. While the average home in Los Angeles, CA is selling in 106 days, 1428 Magnolia Ave has a days on market of 44 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1428 Magnolia Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1428 Magnolia Ave

Public county record property details
Beds
6
Baths
4
Year built
1905
Sq. Ft.
4,328
Lot Size
6,085
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5056-007-015

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
33
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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