1163 Magnolia Avenue

Long Beach, CA 90813

$1,399,999
Price
7
Beds
6
Baths
4,083 Sq. Ft.
$343 / Sq. Ft.
4,083
Sq. Ft.
$343
per Sq. Ft.

Description

Urban oasis! •• 1163 and 1165 Magnolia Avenue, a captivating 2 on 1 property, featuring a charming 3 bedroom, 2 bath front home alongside a spacious 3 bedroom (potentially 4), 3 bath rear home. Nestled on a picturesque wooded avenue, mere moments from downtown and the waterfront, this property exudes allure and convenience. Both homes are filled with Classic Craftsman style charm and romance including a front home circa 1923 and a stunning rear home structurally renovated in 2006. The common grounds...Urban oasis! •• 1163 and 1165 Magnolia Avenue, a captivating 2 on 1 property, featuring a charming 3 bedroom, 2 bath front home alongside a spacious 3 bedroom (potentially 4), 3 bath rear home. Nestled on a picturesque wooded avenue, mere moments from downtown and the waterfront, this property exudes allure and convenience. Both homes are filled with Classic Craftsman style charm and romance including a front home circa 1923 and a stunning rear home structurally renovated in 2006. The common grounds are parklike and captivating including lawns, multiple patios, a spa, a terrace with a retractable awning, a private rear garden patio plus a gated secured motor court opening to the finished garage with an epoxy floor. There are also 2 single car garages. The rear unit is stunning! The exquisite gourmet kitchen extends to a walk-in pantry and dining room. The guest bathroom and party center connect to the expansive sun-filled family room. An upstairs bathroom is convenient to 4 bedrooms and an office (a potential 4th bedroom). The primary suite boasts a private bathroom, walk-in wardrobe/ dressing room (which was previously a bedroom) plus glass doors to a wonderful balcony terrace. ••solar panels are paid for! •• Truly an incredible lifestyle and investment opportunity… in Historic Willmore City District.
  1. Listed by Alex Gonzalez • DRE #01704770 • Brokerage DRE #01257829 • Century 21 On Target • 562-818-1691

Property Details for 1163 Magnolia Avenue

View
None
Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4083

Location

Listing Courtesy of Century 21 On Target, Alex Gonzalez, DRE #01704770
Add your commute
LISTING UPDATED: 04/28/2024 11:13 AM

Property Details for 1163 Magnolia Avenue

StatusActive
MLS #RS24053088
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1923
Lot Size0.20 AC / 8,605 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 On Target, Alex Gonzalez, DRE #01704770
Add your commute

Building Information for 1163 Magnolia Avenue

Stories2Residences-Year Built1923Building Size-Lot Size0.20 AC / 8,605 SF

Payment Calculator

$8,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$682

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1163 Magnolia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $96,000
  • Gross Scheduled Income: $96,000
  • Net Operating Income: $9,000
Expense Details
  • Operating Expense: $6,000
  • Insurance Expense: $2,000
  • Trash Expense: $2,000
  • Water Sewer Expense: $2,000
  • Total Expenses: $6,000
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 1
  • Tax Census Tract: 5758.02
  • CFD/Mello-Roos Fee: $712
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Dressing Area, Great Room, Laundry, Walk-In Pantry
  • Main Level Bathrooms: 3
Exterior Features
  • Entry Location: Main
  • Structure Type: Duplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Unknown
  • Sewer/Septic: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Builders Tract Name: Willmore District
  • Builders Tract Code: Willmore District (WM)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • 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: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1163 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 1163 Magnolia Avenue

Taxable ValueLand$418,680Additions$182,246Total$600,926
Tax Record2023$8,190 ($682 / month)
Home Facts
Total Finished SqFt4,083 SqFtAbove Grade Finished SqFt4,083 SqFtLot Size8,603 SqFtStyleDuplexYear Built1923ZoningLBPD10CountyLOS ANGELESAPN7272-003-007

Schools near 1163 Magnolia Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership High 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.

Similar Homes

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Similar Sold Homes

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1163 Magnolia Avenue is a townhouse for sale in Long Beach, CA 90813. This property was listed for sale on March 21, 2024 by Century 21 On Target, it's currently listed at $1,399,999. It has been on the market for a total of 40 days and was last sold on August 19, 2010. This listing's school district is Long Beach Unified School District. Nearby schools include Edison Elementary School, Washington Middle School and Cabrillo High School. 1163 Magnolia Avenue is a 7-bed, 6-bath, 4,083 sqft townhouse built in 1923.

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 Century 21 On Target, Alex Gonzalez, DRE #01704770

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.