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1250 Magnolia Avenue, Los Angeles CA 90006
1250 Magnolia Avenue, Los Angeles CA 90006
1250 Magnolia Avenue, Los Angeles CA 90006
1250 Magnolia Avenue, Los Angeles CA 90006
1250 Magnolia Avenue, Los Angeles CA 90006
California>Los Angeles>Pico Union

1250 Magnolia AvenueLos Angeles, CA 90006

For Sale

$1,549,000

Smart Buyer Rebate $15,490

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.

Listed by Cory Green

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License #01989091

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The Hills Premier Realty

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508-801-8968

Last updated March 12, 2026

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Source: CRMLS #26660577

Listing Facts

  • TypeSingle-family
  • NeighborhoodPico Union
  • Bedrooms22
  • Bathrooms11
  • Days on Prevu6
  • Size5,804 sqft
  • Price per sqft$267

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/10/2026
Listed by The Hills Premier Realty
$1,549,000

Property Details for 1250 Magnolia Avenue

Exterior

Construction

  • Year Built: 1901
  • Architectural Style: Craftsman
  • Common Walls: No Common Walls

Features

  • Fencing: Brick, Wrought Iron
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch

Measurements

  • Building Area Total: 5,804
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,803
  • Lot Size Dimensions: 70,140
  • Lot Size Square Feet: 9,803
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5076016010

Interior

Features

  • Appliances: Dryer, Washer
  • Flooring: Laminate, Tile, Wood

Measurements

  • Living Area: 5,804

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 11
  • Bathrooms Total Integer: 11
  • Bedrooms Total: 22

Parking

Parking

  • Open Parking Spaces: 12
  • Parking Features: Controlled Entrance, Driveway, On Street
  • Parking Total: 12

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Laundry Room

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 22 bedrooms and 11 bathrooms in this single-family home at 1250 Magnolia Avenue.

Does this single-family home have parking?

Yes, there are 12 parking spaces available for 1250 Magnolia Avenue.

How does 1250 Magnolia Avenue compare to other single-family homes in Pico Union?

This single-family home is listed 77% above the average price for single-family homes in Pico Union and has been on the market for 109 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 5,804 sqft.

1250 Magnolia Avenue is a 22-bedroom, 11-bath single-family home for sale in Los Angeles CA 90006. Listed on Prevu for 6 days at $1,549,000. This residence features 5,804 square feet of living space, located in Pico Union. The median listing price for single-family homes in this area is $1,200,000. The home offers private outdoor space, air conditioning, parking, and washer/dryer. Browse more single-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.