Three-Unit Multifamily Property in Los
1324 Magnolia Avenue, Los Angeles, CA 90006
Three-unit apartment building in Pico Union, Los Angeles. Fully rented.
Type:Multifamily
Property size:
2,536 SFPrice / SF:
$346/SF- Added:
- Mar 5, 2026
- Days on Market:
- 75
- Last Refresh:
- Mar 16 at 2:55 pm
Property Features for 1324 Magnolia Avenue
General Information
- Standard status
- Active
- Size
- 2,536 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1898
Listing agent KEVIN SUH License #01307730
Listing office The Real Estate Group
Listing date Mar 5, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group
HighLights
- Steady income stream from a fully rented 3‑unit apartment building
- Convenient location in Pico Union, Mid Los Angeles, close to amenities and transportation
- High‑ceiling SFR with 6 individually rented rooms, each with access to bathrooms
- Two attached studios, each with its own bath and kitchen
- Ample parking space for up to 8 cars with driveway and alley access
- Roofing is in good condition
Overview
This three-unit apartment building is located in the Pico Union section of Mid Los Angeles. The property includes a large single-family residence (SFR) with high ceilings, currently configured with six individually rented rooms, along with two attached studios. The total living area is over 2,500 square feet. All units are currently rented, providing a steady income stream. The SFR contains six bedrooms, two full bathrooms, and a quarter bathroom, along with a spacious kitchen and a long hallway with temporary storage space. There is also storage space available in the crawl space. Each studio has its own bathroom and kitchen. The roofing is in good condition. The owner pays for water for all tenants. The studio units pay their own electricity and gas utilities, while the SFR room tenants' other utilities are included in the rent. A long driveway and a concrete floor front yard can accommodate approximately eight cars. There is also an entrance from the alley east of the property. The property is conveniently located close to a post office, markets, restaurants, shopping centers, banks, freeways, and a Social Security office.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2862436
- Latitude
- 34.0465407
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit apartment building in Pico Union, Los Angeles. Fully rented.
Where is this triplex located?
The property is located at 1324 Magnolia Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Steady income stream from a fully rented 3‑unit apartment building; Convenient location in Pico Union, Mid Los Angeles, close to amenities and transportation; **High‑ceiling SFR with 6 individually rented rooms, each with access to bathrooms**
