For Sale

2620 Magnolia Ave

2620 Magnolia Ave, Los Angeles, CA 90007

$3,800,000

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.

13
beds

11
baths

4,185 Sq.Ft. LIVING AREA

6,104 Sq.Ft. lot

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Schedule a Showing

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2620 Magnolia Ave, Los Angeles, CA 90007. We are reviewing your request and will be in touch shortly!
Chris Furstenberg

Chris Furstenberg

Howard Lorey

Howard Lorey

Features & Amenities

Interior

  • total bedrooms13
  • Total bathrooms11
  • Flooring Laminate
  • APPLIANCES Dishwasher, Range/Oven, Refrigerator

Area & Lot

  • Status For Sale
  • Living Area4,185 Sq.Ft.
  • Lot Area6,104 Sq.Ft.
  • MLS® ID25522079
  • TypeMulti-Family
  • YEAR BUILT1914

Exterior

  • STORIES2
  • parkingAssigned, Private
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral

Financial

  • Sales Price$3,800,000
  • Maintenance Fee $12,960/mo
  • Zoning LARD1.5

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