1129 Magnolia Avenue

Gardena, CA 90247

$1,649,990
Price
8
Beds
6
Baths
3,840 Sq. Ft.
$430 / Sq. Ft.
3,840
Sq. Ft.
$430
per Sq. Ft.

Description

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 flooring, all new upgraded double pane windows, ceiling fans in most units, all newer appliances, & 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. New exterior...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 flooring, all new upgraded double pane windows, ceiling fans in most units, all newer appliances, & 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. New exterior paint less than few years old, newer washers & dryers, all new exterior valyl fence. Ample parking spaces both open and covered spaces on site.
  1. Listed by Jonathan Kim • DRE #01800127 • Brokerage DRE #01800127 • Jonathan Kim • 562-565-5284

Property Details for 1129 Magnolia Avenue

Parking Spaces Total
9
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3840
Assessor Parcel Number
6113-033-056

Location

Listing Courtesy of Jonathan Kim, Jonathan Kim, DRE #01800127
Add your commute
LISTING UPDATED: 02/07/2024 10:24 PM

Property Details for 1129 Magnolia Avenue

StatusActive
MLS #SB24026950
Days on Market85
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.18 AC / 7,924 SF
CountyLos Angeles County

Location

Listing Courtesy of Jonathan Kim, Jonathan Kim, DRE #01800127
Add your commute

Building Information for 1129 Magnolia Avenue

Stories2Residences-Year Built1971Building Size-Lot Size0.18 AC / 7,924 SF

Payment Calculator

$10,162 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1129 Magnolia Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $93,730
  • Gross Scheduled Income: $98,664
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $98,664
  • Net Operating Income: $93,730
  • Laundry Income: $2,040
Expense Details
  • Operating Expense: $5,620
  • Fuel Expense: $0
  • Electric Expense: $50
  • Insurance Expense: $2,000
  • Trash Expense: $1,800
  • Water Sewer Expense: $2,400
  • Total Expenses: $5,620
Tax / Assessment Info
  • Tax Tract Number: 576
  • Tax Census Tract: 6031.01
  • CFD/Mello-Roos Fee: $1,019
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range
  • Equipment: Dishwasher, Laundry Area
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: See Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Green Info
  • Green Energy Efficient: Windows
  • Green Water Conservation: Reclamation
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Electric: 220 Volts in Garage
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Carport Spaces: 5
  • Parking Features: Covered, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,672
  • Unit Type Total Rent: $1,672
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5

Property History for 1129 Magnolia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1129 Magnolia Avenue

Taxable ValueLand$669,599Additions$420,470Total$1,090,069
Tax Record2023$13,885 ($1,157 / month)
Home Facts
Total Finished SqFt3,840 SqFtAbove Grade Finished SqFt3,840 SqFtLot Size7,922 SqFtStyleQuadraplexYear Built1971ZoningGAR3CountyLOS ANGELESAPN6113-033-056

Schools near 1129 Magnolia Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Amestoy Elementary School
PublicK to 5

New Designs Charter School-Watts
Charter6 to 12

Gardena Senior High School
Public9 to 12

Moneta Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1129 Magnolia Avenue is a multi-family home for sale in Gardena, CA 90247. This property was listed for sale on February 5, 2024 by Jonathan Kim, it's currently listed at $1,649,990. This listing's school district is Los Angeles Unified School District. Nearby schools include Amestoy Elementary School, New Designs Charter School-Watts and Gardena Senior High School. 1129 Magnolia Avenue is a 8-bed, 6-bath, 3,840 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jonathan Kim, Jonathan Kim, DRE #01800127

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.