CA > Los Angeles
Los Angeles, CA 90007,2620 Magnolia AVE
Los Angeles, CA 90007,2620 Magnolia AVE
Los Angeles, CA 90007,2620 Magnolia AVE
Los Angeles, CA 90007,2620 Magnolia AVE
Los Angeles, CA 90007,2620 Magnolia AVE
Los Angeles, CA 90007,2620 Magnolia AVE
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Kayla Rae Chavez

Kayla Rae Chavez

+1(559) 330-1169
$ 3,800,000
Est. payment | /mo

13 Beds

11 Baths

4,185 SqFt

Save
$ 3,800,000
Est. payment | /mo
Save

13 Beds

11 Baths

4,185 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,185 sqft

Price per Sqft $908

MLS Listing ID 25522079

Bedrooms 13

HOA Y/N No

Year Built 1914

Lot Size 6,102 Sqft

Property Description

This beautifully restored Victorian 4-plex is located in the heart of North University Park and is in a prime area for USC student housing. Nestled on a picturesque, tree-lined street blocks from the University of Southern California, the property offers the perfect blend of classic charm and modern updates. Recently remodeled inside and out, each of the four spacious units features a contemporary kitchen with new stainless steel appliances, updated bathrooms, an in-unit washer and dryer, and central air and heat. The property is fully tenant-occupied, with leases in place through the 2025-2026 academic year, providing immediate and consistent rental income. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. There are apx 49,000 students enrolled at USC, including nearly 21,000 undergraduates, the need for quality housing close to campus remains steady year after year. The location is just minutes away from DTLA and all the restaurants and shops of West Adams. This is a rare investment opportunity to own a fully leased, high-yield property steps from USC, surrounded by beautiful historic homes and vibrant city living.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Assigned, Private

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5055025003

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Christopher Furstenberg • Nourmand & Associates-HW
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 330-1169

keyswithkaylarae@gmail.com

8469 N Millbrook STE#106, Fresno, California, 93720, USA

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2620 Magnolia AVE