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1129 Magnolia Ave, Gardena, CA, 90247

$1,488,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1129 Magnolia Ave, Gardena$1,488,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Garage3 spaces
Year Built1971
HeatingForced Air
CoolingNone
FireplaceFamily Room, Gas
MLS #PW24232855
Lot Size0.18 Acres
StatusActive

About 1129 Magnolia Ave

** Fantastic Opportunity to Own a Well-Maintained 4-Unit Multifamily Property in Prime Central Gardena Location ** This property features a highly desirable unit mix, including one 1BR/1BA, two 2BR/1BA, and one spacious 3BR/3BA ** Each unit boasts its own private garage or covered carport ** The large lot offers ample parking for tenants, plus a common laundry room equipped with newer commercial-grade washer and dryer ** All units are separately metered for gas and electricity ** The property is ideally located, with convenient access to shopping and nearby freeways ** This is a must-see investment—don't miss out, it won't last long!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Best Realty
  • Office Email: cynuri2004@yahoo.com
  • Listing Agent: Michael La

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range
  • Flooring Type: Laminate
  • Fireplace: Family Room, Gas

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: S/Redondo Beach Blvd W/Vermont Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,488,000

Tax Information:

  • Annual Amount: $13,139
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gardena, CA.

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Gardena, CA

City

Med. Sold Price

$780K

Med. Price/SqFt

$548

Avg. Days On Market

30

# of Sold Homes

28

1129 Magnolia Ave vs Gardena

3 DAYS ON ROCKET

-27 Days

$1,488,000

+$708K More

KEY TAKEAWAY

This property is $708K more than the Median Sold Price in Gardena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24232855

Listing Office:

  • Office Name: Coldwell Banker Best Realty
  • Office Email: cynuri2004@yahoo.com
  • Listing Agent: Michael La

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 29, 1996Home Sold
$290,000
Feb 23, 1990Home Sold
$472,500

Tax History

YEARPROP. TAXASSESSMENT
2021$13,139$1,047,743
2020$10,180$813,211
2019$9,981$797,267
2018$9,777$781,635
2017$9,777$766,310

History based on county public records data.

Payment Calculator

$7,494

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,528

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-347231
6
/10

  • Amestoy Elementary School

  • 1048 W 149th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-347232
5
/10

  • Gardena Elementary

  • 647 W Gardena Blvd

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-347233
5
/10

  • 153rd Street Elementary School

  • 1605 W 153rd St

  • 0.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,812. Residents of Gardena, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Gardena›90247›1129 Magnolia Ave

This home is located at 1129 Magnolia Ave in Gardena, CA and zip code 90247 in the South Bay neighborhood. This home, which was built in 1971, sits on a 0.18 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,488,000.

While more than 12 listings in Gardena, CA in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 10 were sold below. In October 2024 in Gardena, CA there were 3.4% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $780,000, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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