2134 Magnolia, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
Loading property details...
2134 Magnolia
Los Angeles, California 90007
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,782Sq Ft
5,945Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,133,299
5% AboveMARKET VALUE
SUMMARY
This five-unit Mixed Use Asset presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $1,133,299 Fair Market Value by 5%. While the property requires modernization due to its Condition Rating of 4, the Prime USC Location and versatile unit configuration offer significant rental upside. With two vacant units, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage immediate vacancy to renovate and maximize long-term cash flow in a high-demand student housing market.
Estimated Market Value
$1,133,299
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2134 Magnolia Subject | $1,200,000* List Price | 0 | 0 | 4,782 | $237 | - |
A 1938 Bonsallo Avenue Pending | $1,129,000 List Price | 0 | 0 | 5,964 | $189 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1923, the property is significantly dated. The kitchen features yellow laminate countertops and cabinetry that appear to be over 30 years old. While the units are functional and currently used for income, the overall aesthetic and systems require modernization and minor repairs to address the age-related wear and maximize rental upside.
PROSSTRENGTHS & OPPORTUNITIES
- Prime USC Location
Situated within the USC patrol area and just blocks from campus, the property is ideally positioned to capture high demand from the student and faculty rental market.
- Immediate Rental Upside
With two units currently vacant, the property offers a turnkey opportunity for an owner-user or investor to renovate and lease at current market rates to maximize cash flow.
- Versatile Unit Configuration
The combination of a detached 2-bedroom single-family residence and a separate fourplex provides a unique layout that offers privacy and appeals to a diverse tenant base.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5945, other record lot size in square feet = 5996.
- Century-Old Infrastructure
Built in 1923, the property likely requires ongoing maintenance and potential capital expenditures for aging systems typical of vintage Los Angeles multi-family assets.
- Urban Density Constraints
The high unit count relative to the 5,945 sqft lot size may result in limited on-site parking and minimal private outdoor space, which could be a drawback for some tenants.
About 2134 Magnolia
Address is 2134 Magnolia Ct and 1309-1315 W 22nst st. Five-unit income property featuring a detached 2-bedroom, 1-bath single-family residence fronting Magnolia Ct, plus a fourplex accessible from 22nd Street. Each of the four units offers 1 bedroom and 1 bathroom, with two vacant units -an excellent opportunity for an owner-user, investor, or buyer seeking immediate rental upside. Located just blocks from USC and within the USC patrol area, this property offers a desirable central location with convenient access to campus, transportation, dining, and local amenities. A strong addition to any investment portfolio with potential to maximize income and long-term value.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1923
- Lot Size
- 5,945 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Norwood Street Elementary School
Grades K-5 • 0.5 mi
4/10
Vermont Avenue Elementary School
Grades K-5 • 0.5 mi
5/10
John W. Mack Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.3 |
| Square foot | 4,782 | 4,065.4 |
| Lot Size | 5,945 | 6,744.9 |
| Price | $1.20M | $1.13M |
| Price per sq ft | $251 | $262 |
| Built year | 1923 | 1939 |
| HOA | $0 | $907 |
| Days on market | 23 | 110 |
Pricing History
Listed for Sale
Aug 17, 2026
$1,200,000
Initial Listing