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Closed
- Listed price
- $3,699,000
- Listed Nov 1, 2018
- Sold price
- $3,470,000
- Sold Mar 12, 2019
9,314 sqft lot|2018 Built|82 MLS days on market
1739 MAGNOLIA Ave, Los Angeles, CA 90006
Property Description
Brand new 6 Units just completed construction. Where else would you find a brand new 6 unit property with 6.32 CAP and GRM of 12.84. All units are 3 story with 9 foot ceilings. Each unit has 2 enclosed garages with direct access to the unit, Laundry in unit, new stainless steel appliances, Central Air condition and Heating, laminate floors through out, tiled bathrooms, quartz counter tops in kitchen and bathroom vanity, all units have enormous amount of natural light and mostly casement windows in all units. All units are separately metered for Water, Gas and Electricity. The units are currently vacant and new owner may set their own rents. The property is located with in Bike or BIRD ride from Down town LA. Few units have a direct view of DTLA sky line. Why pay $3750 for 1br in DTLA when you can be in 3br 3ba for the same price. There are additional parking on site other than enclosed garages. The property is fenced all 4 sides with back iron gates are on auto gate openers. Do not mis
Listing agent: Suminda SellahewaDRE #02061119suminda@aol.com, Listing office: Avarnka Real Estate, Inc.
MLS data updated 11/4/2026, 4:30:00 AM PT
Source: CRMLSMLS #: 18403162
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,470,000
Mar 12, 2019
Available records22018–2019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90006 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90006 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.