Price improvement 10-27-24 Located in a serene enclave, 1962 Magnolia Dr in Monterey Park offers a unique opportunity to make this home your own. With top-rated schools nearby and just minutes from the heart of Monterey Park, this property combines peaceful living with convenient access to shopping, dining, and entertainment. The spacious kitchen has upgraded cabinets, stone counters and built-in appliances. Seller indicates roof is approximately 5 years new. Newer Double-Pane Insulated Windows throughout including patio doors plus central air and heating add to the comfort of this home! Add your personal touches to transform this charming home into your ideal retreat in a highly desirable neighborhood. Don’t miss this rare chance to create your dream space in a prime location.
Sold for $968,888
Street View
Listed by: GEORGE MICHAEL REALTY • ARMANDO ARENAS • Contact: 323-728-2111
Bought with: UNIVERSAL ELITE REALTY
Tax assessed value
$968,888
1962 Magnolia Dr, Monterey Park, CA 91755
3beds
1,335sqft
Single Family Residence
Built in 1960
5,994 Square Feet Lot
$1,024,000 Zestimate®
$726/sqft
$3,958 Estimated rent
Home value
$1,024,000
$952,000 - $1.11M
$3,958/mo
Zestimate® history
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$6,156/mo
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$6,156/mo
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Built-in appliancesUpgraded cabinetsStone countersSpacious kitchenCentral air and heatingNewer double-pane insulated windows
Zillow last checked:
Listing updated:
Listed by:
ARMANDO ARENAS DRE #01168227 323-697-2010,
GEORGE MICHAEL REALTY
Bought with:
Mina Zhang, DRE #01988489
UNIVERSAL ELITE REALTY
Source: CRMLS,MLS#: MB24200535
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Laundry
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Tub Shower, Vanity
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Double Oven, Dishwasher, Gas Cooktop, Refrigerator
- Laundry: Laundry Room
Features
- All Bedrooms Down
- Flooring: See Remarks
- Windows: Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,335 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Level, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: ground level
- Patio & porch: Concrete
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
Lot
- Size: 5,994 Square Feet
- Features: Street Level
Details
- Parcel number: 5276006006
- Zoning: MPR1YY
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: See Remarks
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Monterey Park
Financial & listing details
- Price per square foot: $726/sqft
- Tax assessed value: $968,888
- Annual tax amount: $13,380
- Date on market: 10/2/2024
- Cumulative days on market: 42 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2024 | Sold | $968,888$726/sqft |
Source:  CRMLS #MB24200535 Report a problem | ||
| 11/20/2024 | Pending sale | $968,888$726/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
| 11/13/2024 | Contingent | $968,888$726/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
| 11/13/2024 | Listed for sale | $968,888$726/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
| 11/12/2024 | Contingent | $968,888$726/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
| 10/27/2024 | Price change | $968,888-3.1%$726/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
| 10/2/2024 | Listed for sale | $999,999$749/sqft |
Source: CRMLS #MB24200535 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,380 +33.2% | $968,888 +33% |
| 2024 | $10,044 +3.5% | $728,249 +2% |
| 2023 | $9,707 +4.8% | $713,971 +2% |
| 2022 | $9,264 +0.4% | $699,973 +2% |
| 2021 | $9,225 +1% | $686,249 +1% |
| 2020 | $9,136 | $679,213 +1.2% |
| 2019 | $9,136 +2.8% | $671,160 +699.2% |
| 2018 | $8,888 +522.9% | $83,975 +2% |
| 2017 | $1,427 +0.1% | $82,329 +2% |
| 2016 | $1,425 +7% | $80,716 +1.5% |
| 2015 | $1,332 +2.6% | $79,504 +2% |
| 2014 | $1,299 | $77,948 +2.5% |
| 2012 | -- | $76,076 +2% |
| 2011 | -- | $74,585 +0.8% |
| 2010 | -- | $74,028 -0.2% |
| 2009 | -- | $74,205 +2% |
| 2008 | -- | $72,751 +2% |
| 2007 | -- | $71,326 +2% |
| 2006 | -- | $69,929 |
| 2005 | -- | $69,929 +4% |
| 2004 | -- | $67,216 +1.9% |
| 2003 | -- | $65,985 +2% |
| 2002 | -- | $64,692 +4% |
| 2000 | -- | $62,182 |
Find assessor info on the county website
Neighborhood: 91755
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Hillcrest Elementary SchoolGrades: K-6Distance: 0.3 mi
- 8/10Garvey (Richard) Intermediate SchoolGrades: 7-8Distance: 1.4 mi
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Estimated market value
$1,024,000
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Estimated market value
$1,024,000
- California
- Los Angeles County
- Monterey Park
- 91755
- 1962 Magnolia Dr
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