Discover the potential of this corner-unit triplex, ideally situated on the sought-after Magnolia Ave in Gardena. This property features three units, making it a versatile option for investors seeking steady rental income or future growth.
A separate garage building enhances the convenience and value, offering ample storage or potential for additional income. Onsite laundry facilities provide added ease for tenants, a desirable feature for renters in the area.
One of the units is currently undergoing renovation and promises to shine with modern finishes and thoughtful updates upon completion. This is an excellent opportunity to elevate the property's appeal and rental value.
Whether you're expanding your portfolio or starting your journey as a real estate investor, this triplex offers strong potential in a prime location. Don't miss your chance to own this attractive income-generating property.
Sold for $805,000
Listed by: Vista Sotheby’s International Realty • Daniel Assayag • Contact: 310-541-8271
Bought with: West Shores Realty, Inc.
$805,000
1254 Magnolia Ave, Gardena, CA 90247
3beds
3baths
2,193sqft
Triplex
Built in 1926
-- sqft lot
$1,081,100 Zestimate®
$367/sqft
$2,870 Estimated rent
Home value
$1,081,100
$973,000 - $1.20M
$2,870/mo
Zestimate® history
Owner options
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$2,870/mo
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$2,870/mo
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$5,088/mo
Est. payment
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$5,088/mo
Est. payment
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List your homeWhat's special
Thoughtful updatesModern finishesSeparate garage building
Zillow last checked:
Listing updated:
Listed by:
Daniel Assayag DRE #01762501 310-541-8271,
Vista Sotheby’s International Realty,
Tania Peterson DRE #01879653 310-541-8271,
Vista Sotheby's International Realty
Bought with:
Lillian Wee - Barbatto, DRE #01739590
West Shores Realty, Inc.
Source: CRMLS,MLS#: SB24227963
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Appliances
- Laundry: Common Area, Laundry Room
Features
- Common walls with other units/homes: 2+ Common Walls,End Unit
Interior area
- Total structure area: 2,193
- Total interior livable area: 2,193 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Entry location: Main
- Pool features: None
Lot
- Size: 9,186 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6113005011
- Zoning: GAR3
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Gardena
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $113,443
- Annual tax amount: $2,321
- Date on market: 12/4/2024
- Cumulative days on market: 6 days
- Listing terms: Cash to New Loan
- Total actual rent: 26700
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2025 | Sold | $805,000-6.9%$367/sqft |
Source:  CRMLS #SB24227963 Report a problem | ||
| 12/11/2024 | Pending sale | $865,000$394/sqft |
Source: CRMLS #SB24227963 Report a problem | ||
| 12/5/2024 | Listed for sale | $865,000$394/sqft |
Source: CRMLS #SB24227963 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,321 +8.4% | $113,443 +2% |
| 2024 | $2,141 +1.6% | $111,220 +2% |
| 2023 | $2,107 +4.2% | $109,040 +2% |
| 2022 | $2,023 +1.2% | $106,903 +2% |
| 2021 | $1,999 -0.2% | $104,808 +1% |
| 2020 | $2,003 | $103,734 +2% |
| 2019 | $2,003 +11.6% | $101,701 +2% |
| 2018 | $1,794 | $99,708 +2% |
| 2017 | $1,794 +2.1% | $97,754 +2% |
| 2016 | $1,757 +4.9% | $95,838 +1.5% |
| 2015 | $1,676 +0.9% | $94,400 +2% |
| 2014 | $1,660 | $92,552 +4.5% |
| 2011 | -- | $88,559 +0.8% |
| 2010 | -- | $87,898 +1.8% |
| 2008 | -- | $86,381 +2% |
| 2007 | -- | $84,688 +2% |
| 2006 | -- | $83,029 |
| 2005 | -- | $83,029 +4% |
| 2004 | -- | $79,807 +1.9% |
| 2003 | -- | $78,345 +2% |
| 2002 | -- | $76,810 +4% |
| 2000 | -- | $73,829 |
Find assessor info on the county website
Neighborhood: 90247
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Nearby schools
GreatSchools rating
- 5/10Amestoy Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Robert E. Peary Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Gardena Senior High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,081,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,081,100
- California
- Los Angeles County
- Gardena
- 90247
- 1254 Magnolia Ave
Nearby cities
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