** 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!
Sold for $1,395,000
Listed by: Coldwell Banker Best Realty • Michael La • Contact: 714-451-1700
Bought with: The Home Source REALTORS
$1,395,000
1129 Magnolia Ave, Gardena, CA 90247
8beds
6baths
3,840sqft
Quadruplex
Built in 1971
-- sqft lot
$1,378,700 Zestimate®
$363/sqft
$2,445 Estimated rent
Home value
$1,378,700
$1.24M - $1.53M
$2,445/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael La DRE #01272114 cynuri2004@yahoo.com,
Coldwell Banker Best Realty
Bought with:
DANIEL ESENE, DRE #01173732
The Home Source REALTORS
Source: CRMLS,MLS#: PW24232855
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Gas Range
- Laundry: Common Area, Gas Dryer Hookup, Laundry Room
Features
- Flooring: Laminate
- Has fireplace: Yes
- Fireplace features: Family Room, Gas
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage, Carport
- Garage spaces: 3
- Carport spaces: 5
- Covered spaces: 8
- Uncovered spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
Lot
- Size: 7,924 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 6113033056
- Zoning: GAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Street Lights
Location
- Region: Gardena
Financial & listing details
- Price per square foot: $363/sqft
- Tax assessed value: $1,134,105
- Annual tax amount: $14,590
- Date on market: 11/13/2024
- Cumulative days on market: 441 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 8458
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $1,395,000-6.3%$363/sqft |
Source:  CRMLS #PW24232855 Report a problem | ||
| 1/8/2025 | Pending sale | $1,488,000$388/sqft |
Source: CRMLS #PW24232855 Report a problem | ||
| 12/4/2024 | Contingent | $1,488,000$388/sqft |
Source: CRMLS #PW24232855 Report a problem | ||
| 11/14/2024 | Listed for sale | $1,488,000+413.1%$388/sqft |
Source: CRMLS #PW24232855 Report a problem | ||
| 3/29/1996 | Sold | $290,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,590 +3.2% | $1,134,105 +2% |
| 2024 | $14,138 +1.8% | $1,111,869 +2% |
| 2023 | $13,885 +5.2% | $1,090,069 +2% |
| 2022 | $13,202 +0.5% | $1,068,696 +2% |
| 2021 | $13,139 +24% | $1,047,743 +28.8% |
| 2020 | $10,597 | $813,211 +2% |
| 2019 | $10,597 +6.2% | $797,267 +2% |
| 2018 | $9,981 | $781,635 +2% |
| 2017 | $9,981 +2.1% | $766,310 +2% |
| 2016 | $9,777 +2.7% | $751,285 +1.5% |
| 2015 | $9,524 +75.9% | $740,000 +88.3% |
| 2014 | $5,414 | $392,988 +2.5% |
| 2012 | -- | $383,543 +2% |
| 2011 | -- | $376,023 +0.8% |
| 2010 | -- | $373,214 -0.2% |
| 2009 | -- | $374,102 +2% |
| 2008 | -- | $366,767 +2% |
| 2007 | -- | $359,577 +2% |
| 2006 | -- | $352,528 |
| 2005 | -- | $352,528 +4% |
| 2004 | -- | $338,842 +1.9% |
| 2003 | -- | $332,633 +18.8% |
| 2002 | -- | $280,000 -10.7% |
| 2000 | -- | $313,451 |
Find assessor info on the county website
Neighborhood: 90247
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Amestoy Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Robert E. Peary Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Gardena Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,378,700
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Estimated market value
$1,378,700
- California
- Los Angeles County
- Gardena
- 90247
- 1129 Magnolia Ave
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