1716 Magnolia Avenue, Los Angeles, CA 90006

• 4 beds
• 2,492 sqft

Property Description

1716 Magnolia Avenue, a Spanish Colonial Revival four-unit property located in the Pico Union neighborhood of Los Angeles. Built in 1930 and totaling 2,492 square feet on a 4,879 square foot lot, the building offers one of the most attainable price points in the market today. With one unit delivered vacant at closing, the property is well suited for an entry-level investor seeking a house-hack opportunity while benefiting from strong long-term upside. Current rents are approximately 67% below market, providing a clear path for income growth through unit turnover and strategic renovations. Each unit includes in-unit laundry hookups and one private garage space, and recent exterior paint gives the building a clean, well-maintained appearance. The property is separately metered for gas and electricity, and the detached garages offer potential ADU conversion opportunities for future additional income (Buyer to verify).

Listing Status:

Active

Date Added:

December 4, 2025 at 06:00AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Jake Glaser : 310-494-6368

MLS ID:

CL25625505

Interior

• A/C: No Air Conditioning
• Heating: None

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD5056013012

Financial

• Source: CRMLS

This listing courtesy of Jake Glaser, Lyon Stahl Investment Real Estate, Inc.