3 months on rocket

2530 Magnolia Ave, La Verne, CA, 91750

$1,788,888

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Full Baths
3,607 SqFt
$496/SqFt
House

Location

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2530 Magnolia Ave, La Verne$1,788,888

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Gated, Oversized, RV Potential, RV Gated, RV Access/Parking
Attached Garage2 spaces
Year Built1948
HeatingCentral
CoolingWall/Window Unit(s)
FireplaceFamily Room, Gas
ViewNeighborhood
MLS #AR24171516
Lot Size0.29 Acres
StatusActive

About 2530 Magnolia Ave

Incredible Investment Opportunity in La Verne! This beautifully remodeled property offers 8 bedrooms, 8.5 bathrooms, and is divided into three separate units, providing flexibility for multi-family living or rental income. Sitting on over 12,000 sqft of land, the home boasts modern upgrades throughout and is perfect for investors or large families. The property was fully updated in 2022 with a new roof, plumbing system, and electrical panel. Equipped with ready-to-go solar panels and a water softener system for enhanced water quality. As you step inside, you’re greeted by a welcoming open living space. The kitchen is large with ample counter space and a dining area for gatherings. Each of the 8 bedrooms comes with its own AC unit and private bathroom, ensuring comfort and privacy for all. Enjoy California’s year-round pleasant weather on the porch overlooking a vast backyard, with plenty of space to make it your own. The property includes a 2-car garage, 2 large driveways, and enough space for at least 8 cars. There's also an extra-long driveway perfect for RV parking. The newly upgraded fence and courtyard feature concrete pavers and artificial turf, reducing long-term maintenance costs. Located on a desirable corner lot, providing additional privacy and convenience. Few blocks away from Hillcrest Retirement Community offering club house, indoor swimming pool and more at low cost. This home is just a short distance from an award-winning elementary school, parks, baseball fields, the University of La Verne, and the charming downtown area. Don't miss the chance to own this one-of-a-kind La Verne property. Whether you're looking for a family home or an investment opportunity, this home is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 3,607 SqFt

Listing Office:

  • Office Name: Pinnacle Real Estate Group
  • Office Phone: (626) 262-0991
  • Listing Agent: Angela Situ

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Interior: Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Gated, Oversized, RV Potential, RV Gated, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Go straight on magnolia ave and turn right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,788,888
  • Price Per SqFt: $496/SqFt

Tax Information:

  • Annual Amount: $3,242
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in La Verne, CA.

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La Verne, CA

City

Med. Sold Price

$970K

Med. Price/SqFt

$537

Avg. Days On Market

32

# of Sold Homes

10

2530 Magnolia Ave vs La Verne

117 DAYS ON ROCKET

+85 Days

$1,788,888

+$818.8K More

$496/SqFt

-$42 Less

KEY TAKEAWAY

This property is $818.8K more than the Median Sold Price and $42/SqFt less than other homes in La Verne, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24171516

Listing Office:

  • Office Name: Pinnacle Real Estate Group
  • Office Phone: (626) 262-0991
  • Listing Agent: Angela Situ

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: 12/23/2024, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2003Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,242$396,601
2020$2,512$392,536
2019$4,547$384,840
2018$4,390$377,295
2017$4,390$369,898

History based on county public records data.

Payment Calculator

$8,996

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,430

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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-1237975
9
/10

  • Grace Miller Elementary School

  • 1629 Holly Oak St

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-1237976
8
/10

  • J. Marion Roynon Elementary School

  • 2715 E St

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-1237977
9
/10

  • La Verne Heights Elementary School

  • 1550 Baseline Rd

  • 1.13 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 $82,572. Most La Verne, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2530 Magnolia Ave

What is the listing price of this property?

The listing price of 2530 Magnolia Ave property is $1,788,888.

What type of property is this?

The property 2530 Magnolia Ave is a house located in La Verne, California, 91750.

Is this property for sale now?

Active Listing: 2530 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,242 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 30, 2003 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2530 Magnolia Ave has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 2530 Magnolia Ave is 3,607 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2530 Magnolia Ave is 1948.

Rocket Homes›California›Los Angeles County›La Verne›91750›2530 Magnolia Ave

This home is located at 2530 Magnolia Ave in La Verne, CA and zip code 91750. This 3,607 square foot home, which was built in 1948, sits on a 0.29 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $1,788,888.

In November 2024, from all listings sold in La Verne, CA there were more than 5 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. The number of listings in La Verne, CA decreased by 13% between October 2024 and November 2024. While the average time on the market in November 2024 was 32 days, the median list price was $970,000.

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

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