Income Home for Sale in Los Angeles, California (Closed)

1518 Magnolia Avenue, Los Angeles, California 90006, US

$ 798,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 798,000
  • MLS ID: 21706700
  • Property Type: Income Home
  • WEB ID: PR01790450
  • Property Status: Closed
  • Lot Size: 6,080sqft
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 798,000
  • MLS ID: 21706700
  • Property Type: Income Home
  • WEB ID: PR01790450
  • Property Status: Closed
  • Lot Size: 6,080sqft
Great investment property minutes to Downtown L.A. This duplex consists of 5 bedrooms and 2 baths. Fabulous large front porch which is perfect place to relax. Lower unit has living room, dining room, kitchen & laundry area. This unit has 2 bedrooms and 1 full bath. Upper unit has living room, 3 bedrooms and 1 bath, kitchen with tile backsplash and lighting under cabinets, dining area, laundry room and recessed lighting. One of the bedrooms opens to the spacious balcony with view of the city lights. Both units have high cove ceilings and large windows in the living room allowing natural light. Spacious rear yard with 1-car garage, shed and plenty of parking space. Open patio with 3 lemon trees, dragon fruit tree, beautiful flowers and lush plantings throughout which all create secluded haven for outdoor entertaining. While the property could use some upgrades this property is a great find for a family who will occupy both units or just simply an income property. Both units are being occupied by seller and will be moving out. Great income potential!

Additional Features

  • Parking spaces: 1.00
  • Listing Status: Closed
  • Listing Agent: Charles Picker (lic# 00414181) of Beverly Hills/Greater LA
  • Listing Office: I.X.A. (lic# 00414181)
  • Selling Agent: Subscriber Non (lic# 13252)
  • Based on information from CRISNet MLS as of 6th November 2026 at 12:43am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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