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Listing Courtesy Of: Coldwell Banker Realty, 310-777-6200, Zachary Tucker
Local Realty Services Provided By: Keller Williams Realty Larchmont
US / CA / Los Angeles / Pico-Union Central / 2001 Magnolia Ave
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US / CA / Los Angeles / Pico-Union Central / 2001 Magnolia Ave
2001 Magnolia Ave, Los Angeles, CA 90007
3 Beds
2 Baths
sq ft
ac
US / CA / Los Angeles / Pico-Union Central / 2001 Magnolia Ave

2001 Magnolia Ave, Los Angeles, CA 90007

Estimation provided by Keller Williams Realty, LLC.
3 Beds
2 Baths
sq ft
ac
Sold
Sold
Open House:
See More Open House Schedules

Property Description

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!

Property Details

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Overview
Property Type
Single Family Residence
Property Size
sq ft
Year Built
1903
Days on Site
324 Days
HVAC
Cooling: Air Conditioning, Wall Unit(s), Heating: Natural Gas
Parking
2 Parking Spaces
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Activity History

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US / CA / Los Angeles / Pico-Union Central /

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