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$1,550,000   Price Analysis
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1129 Magnolia Ave
Gardena, CA 90247
8 bed 6 bath 3,840 SqFt ($403/SqFt)
7,924SqFt lot. Built 1971
Listed 2024-02-07, Taxes $13,202
Ⓧ USDA Ineligible
due to price & location

near Gardena

We are proud to present this immaculate 4 unit apartment building that sits in a highly desirable prime location in Gardena.

Pride of ownership shows in all 4 units numerous renovated with all new floring, all new upgraded double pane windows, ceiling fans in most units, all newer appliances and LVT plank flooring. Building count is 1 one bedroom, 2 two-bedroom and 1 three bedroom.

This building has plenty of parking and separate laundry room. Plenty of available storage space also. Pristine exterior paint less than few years old, newer washers and dryers, all new exterior valyl fence. Ample parking spaces both open and covered spaces on site.


Presented by Jonathan Kim at
Jonathan Kim.


Property MLS #SB24026950 from CRMLS

Bedrooms: 8

Appliances: Dishwasher, Gas Range
Appliances YN: Yes
Laundry Features: Common Area

Full Bathrooms: 6

Fireplace Features: Family Room
Heating Features: Wall Furnace
Heating: Yes

Carport Spaces: 5
Garage Spaces: 6
Parking Features: Parking YN: Yes, Parking Features: Covered, Garage
Parking Total: 9

Lot Description: 2-5 Units/Acre, Paved
Lot Size Acres: 0.18191
Lot Size Source: Assessor
Lot Size Square Feet: 7924

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 3
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Tenant Pays: All Utilities

Community Features: Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Green Water Conservation: Reclamation
Insurance Expense: 2000.00
Area: 119 - Central Gardena
Source Neighborhood: 119 - Central Gardena
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 5
Parcel Number: 6113033056
Postal Code Plus 4: 4342
Trash Expense: 1800.00
Zoning: GAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$412,226 + $656,470
$1,068,696
$13,202
2021$404,144 + $643,599
$1,047,743
$13,139
2020$263,744 + $549,467
$813,211
$10,597
2019$258,573 + $538,694
$797,267
$10,180
2018$253,503 + $528,132
$781,635
$9,981
2017$248,533 + $517,777
$766,310
$9,776
2016$243,660 + $507,625
$751,285
$9,523
2015$240,000 + $500,000
$740,000
$9,366
2014$216,821 + $176,167
$392,988
$5,414
2013$215,842 + $175,371
$391,213
$5,395
2012$211,610 + $171,933
$383,543
$5,426
2010$207,461 + $168,562
$376,023
$5,290
2009$206,401 + $167,701
$374,102
$5,067
2009$205,911 + $167,303
$373,214
$5,067
2008$202,354 + $164,413
$366,767
$4,845
2007$198,387 + $161,190
$359,577
$4,661

Price Changed 2024-06-28
$1,550,000
CRMLS
Price Changed 2024-05-31
$1,599,900
CRMLS
Price Changed 2024-05-13
$1,625,000
CRMLS
Listed 2024-02-07
$1,649,990
CRMLS
Listing removed 2023-12-12
$0
CRMLS
Price Changed 2023-08-02
$1,709,900
CRMLS
Price Changed 2023-07-03
$1,725,000
CRMLS
Listed 2023-06-13
$1,749,900
CRMLS
Sold 1996-03-29
$290,000
Public Record
Sold 1990-02-23
$472,500
Public Record

Net Operating Income: 93730.00

Total Square Feet Living: 3840
Year Built: 1971
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 53
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: 220 Volts in Garage
Electric Expense: 50.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2400.00
Water Available
Water Source: Public

Green Energy Efficient: Windows

Amestoy Elementary School is a public elementary school located approximately 0.5 miles away.
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Robert E. Peary Middle School is a public middle school located approximately 0.6 miles away.
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Gardena Senior High School is a public high school located approximately 1.5 miles away.
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St. Anthony Of Padua is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.