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  • 1250 Magnolia Avenue

1250 Magnolia Avenue, Los Angeles, CA 90006

$1,549,000 Approx. USD 18 beds, 9 baths
5,804 sqft
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Listing Agent


Cory Green | cory@houseofcpinc.com
Lic#: 01989091
Broker: Courtesy of The Hills Premier Realty
Phone: 508-801-8968

Agent Remarks

A compelling investment and development opportunity in the heart of Koreatown, one of Los Angeles' most dense and high-demand rental markets. This gated Craftsman-style property sits on an approximately 9,800 sq ft lot with an existing structure of approximately 5,800 sq ft and offers on-site parking for up to 12 vehicles, a rare and valuable feature for the area.The property features a boarding house-style configuration with 9 bedrooms with en-suites and 9 singles with 3 shared bathrooms, with strong curb appeal and on-site laundry. The dense, supply-constrained submarket supports consistent rental demand, with additional income potential through furnished or corporate housing strategies, subject to buyer verification and local regulations. Zoned LAR3 per public records. Offered as-is. Ideal for investors or developers seeking a flexible asset with both income and repositioning potential. All information deemed reliable but not guaranteed. Buyer to conduct their own due diligence regarding zoning, use, unit count, square footage, lot size, permits, rent control applicability, income projections, and development feasibility.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Pending
MLS# 26660577
Price: $1,549,000
Beds: 18
Baths: 9 (9 full)
None fireplaces
Built in 1901
5,804 sqft
0.23 acres
Lot size: 0.2250
County: Los Angeles
Property style: Craftsman
Zoning: LAR3
Appliances: Dryer,Washer
Parking description: Controlled Entrance,Driveway,On Street
Heating/cooling: Central Air
Heating description: Central
MLS area: C17 - Mid-Wilshire
Furnished: Unfurnished

Last Updated: 6/10/2026

 Days On Market (DOM): 42

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This listing belongs to the C17 - Mid-Wilshire MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.047661, -118.286178.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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