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1962 Magnolia Dr, Monterey Park, CA, 91755

$968,888

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,335 SqFt
$726/SqFt
House

Location

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1962 Magnolia Dr, Monterey Park$968,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Level, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1960
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
MLS #MB24200535
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1962 Magnolia Dr

Price improvement 10-27-24 Located in a serene enclave, 1962 Magnolia Dr in Monterey Park offers a unique opportunity to make this home your own. With top-rated schools nearby and just minutes from the heart of Monterey Park, this property combines peaceful living with convenient access to shopping, dining, and entertainment. The spacious kitchen has upgraded cabinets, stone counters and built-in appliances. Seller indicates roof is approximately 5 years new. Newer Double-Pane Insulated Windows throughout including patio doors plus central air and heating add to the comfort of this home! Add your personal touches to transform this charming home into your ideal retreat in a highly desirable neighborhood. Don’t miss this rare chance to create your dream space in a prime location.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,335 SqFt

Listing Office:

  • Office Name: GEORGE MICHAEL REALTY
  • Office Phone: (323) 697-2010
  • Listing Agent: ARMANDO ARENAS

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Gas Cooktop, Refrigerator
  • Flooring Type: See Remarks
  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway Level, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Ackley St turn East on Magnolia Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $968,888
  • Price Per SqFt: $726/SqFt

Tax Information:

  • Annual Amount: $9,225
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monterey Park, CA.

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Monterey Park, CA

City

Med. Sold Price

$925K

Med. Price/SqFt

$586

Avg. Days On Market

29

# of Sold Homes

23

1962 Magnolia Dr vs Monterey Park

45 DAYS ON ROCKET

+16 Days

$968,888

+$43.8K More

$726/SqFt

+$140 More

KEY TAKEAWAY

This property is $43.8K more than the Median Sold Price and $140/SqFt more than other homes in Monterey Park, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MB24200535

Listing Office:

  • Office Name: GEORGE MICHAEL REALTY
  • Office Phone: (323) 697-2010
  • Listing Agent: ARMANDO ARENAS

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, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,225$686,249
2020$8,944$679,213
2019$1,426$671,160
2018$1,425$83,975
2017$1,425$82,329

History based on county public records data.

Payment Calculator

$4,903

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,971

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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-439455
7
/10

  • Hillcrest Elementary School

  • 795 Pepper St

  • 0.30 miles

  • Public District Grades KG-6

school-card-donut-439456
8
/10

  • Monterey Vista Elementary School

  • 901 E Graves Ave

  • 0.90 miles

  • Public District Grades KG-6

school-card-donut-439457
8
/10

  • Potrero Heights Elementary

  • 8026 Hill Dr

  • 0.90 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 $55,760. The majority of Monterey Park, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1962 Magnolia Dr

What is the listing price of this property?

The listing price of 1962 Magnolia Dr property is $968,888.

What type of property is this?

The property 1962 Magnolia Dr is a house located in Monterey Park, California, 91755.

Is this property for sale now?

Accepting Backup Offers: 1962 Magnolia Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,225 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1962 Magnolia Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1962 Magnolia Dr is 1,335 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1962 Magnolia Dr is 1960.

Rocket Homes›California›Los Angeles County›Monterey Park›91755›1962 Magnolia Dr

This home is located at 1962 Magnolia Dr in Monterey Park, CA and zip code 91755 in the The San Gabriel Valley neighborhood. This 1,335 square foot home, which was built in 1960, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $968,888.

While more than 10 listings in Monterey Park, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. Between September 2024 and October 2024, Monterey Park, CA real estate market has seen increase in the number of listings by 0.9%. Listings spent 29 days on the market in October 2024, and had a median list price of $925,000 during the same period.

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

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