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Off market
  • $4,305,300

    1201 Magnolia Ave, Gardena, CA 90247

    35beds
    21baths
    15,879sqft
    MultiFamily
    Built in 1970
    -- sqft lot
    $4,305,300 Zestimate®
    $271/sqft
    $2,470 Estimated rent

    Home value

    $4,305,300

    $3.62M - $5.12M

    $2,470/mo

    Zestimate® history
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    $2,470/mo

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    Rent Zestimate®

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    $27,617/mo

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    $27,617/mo

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    What's special

    We are pleased to exclusively present this three-story garden-style walk-up apartment building, located in the City of Los Angeles. The Pico/Union submarket is on the rise and offers easy access to Koreatown and DTLA.Originally built in 1971, this complex features both front and rear staircases connected by mostly exterior walkways. There is no elevator. The semi subterranean parking garage is gated with remote access. There are 21 single spaces. The building has gated entry with an intercom system. The laundry room has 2 washers and 2 dryers leased from Wash. The building has a built-up composition roof. There is a boiler and hot water heater located in a room next to the building's storage room on the roof.The units are master metered for gas and separately metered for electric. Gas wall heaters, galley kitchens with dual sinks, gas stovetop / ovens and laminate plank flooring. Clean, but mostly original. Value-add opportunity.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 35
    • Bathrooms: 21
    Heating
    • Other, Gas
    Cooling
    • Other
    Interior area
    • Total interior livable area: 15,879 sqft

    Property

    Parking
    • Total spaces: 21
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: 6113003014

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Condition
    • Year built: 1970

    Community & HOA

    Location
    • Region: Gardena

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $346,990
    • Annual tax amount: $4,732

    Price history

    DateEventPrice
    9/8/2020Listing removed$4,650,000$293/sqft
    Source: David Ballin Kaufman #20556394 Report a problem
    5/20/2020Pending sale$4,650,000$293/sqft
    Source: David Ballin Kaufman #20556394 Report a problem
    2/21/2020Listed for sale$4,650,000$293/sqft
    Source: David Ballin Kaufman #20556394 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,732 +5.5%$346,990 +2%
    2024$4,485 +1.8%$340,187 +2%
    2023$4,405 +5.1%$333,517 +2%
    2022$4,191 +1.4%$326,979 +2%
    2021$4,135 -0.6%$320,568 +1%
    2020$4,161 $317,282 +2%
    2019$4,161 +6.5%$311,062 +2%
    2018$3,908 $304,964 +2%
    2017$3,908 +2.2%$298,985 +2%
    2016$3,825 +3%$293,124 +1.5%
    2015$3,712 +1.7%$288,722 +2%
    2014$3,650 $283,067 +2.5%
    2012-- $276,264 +2%
    2011-- $270,848 +0.8%
    2010-- $268,825 -0.2%
    2009-- $269,464 +2%
    2008-- $264,182 +2%
    2007-- $259,003 +2%
    2006-- $253,925
    2005-- $253,925 +4%
    2004-- $244,066 +1.9%
    2003-- $239,594 +2%
    2002-- $234,897 +4%
    2000-- $225,777
    Find assessor info on the county website

    Neighborhood: 90247

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,305,300
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    Estimated market value
    $4,305,300