1248 Magnolia Ave, Los Angeles, CA 90006
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1248 Magnolia Ave Los Angeles, CA 90006

$1,215,180 Sold Price as of 04/04/2019
  • 4 Beds
  • 3 Baths
  • 3,290 Sq.Ft.
Sold
$1,215,180 Sold Price as of 04/04/2019 Refinance Your Mortgage

Map preview of 1248 Magnolia Ave, Los Angeles, CA 90006

Property Overview: 1248 Magnolia Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 3,290 living square feet and 9,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The house can be purchased by itself or with the adjacent parcel, 1238 Magnolia (MLS #319000049), for a development opportunity in the Pico-Union area. These two adjacent lots have a combined total lot size of approximately 16,100 square feet and are zoned R3-1 with a tier 2 TOC.

Listed by Oscar Crespo | BRE #01205193 | Real Estate Mortgage Exchange
Last checked: 2 minutes ago | Last updated: March 17th, 2022 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
9,100
HOA Dues
$0/mo
Year built
1902
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
319000089
City
Los Angeles
County
Los Angeles
Time on Site
1223 days

Property Details for 1248 Magnolia Ave

Interior Features
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Carpet, Wood
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Attached Garage
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: No Common Walls
  • Parcel Number: 5076016009
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Other Subdivision Name: Not Applicable-C16
  • Directions: Cross Streets: Pico Blvd
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Sale History for 1248 Magnolia Ave

Last sold on July 18th, 2019
  • July, 2019

  • Jul 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2019

  • Apr 9, 2019

    Date

    Sold

    CRMLS: 319000089

    $1,215,180

    Price

  • Mar 15, 2019

    Date

    Pending

    CRMLS: 319000089

    $999,000

    Price

  • Jan 23, 2019

    Date

    Active Under Contract

    CRMLS: 319000089

    $999,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: 319000089

    $999,000

    Price

  • April, 2019

  • Apr 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,215,500

    Price

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Tax History for 1248 Magnolia Ave

Assessed Value (2020): $1,239,483
Year Land Value Improved Value Assessed Value
2020 $933,300 $306,183 $1,239,483

Home Value Compared to the Market

This property vs the competition

1248 Magnolia Ave sold on April 4, 2019 for 16.05% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $303.65 per/sqft which puts the price per square foot 59.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1248 Magnolia Ave

Detailed summary of property

1248 Magnolia Ave is a single family home that recently sold in Los Angeles, CA 90006. This house offered 4 bedrooms, 3 bathrooms, roughly 3,290 living square feet, and sits on an approximately 9,100 square foot lot. 1248 Magnolia Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,215,180. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.05% lower than the current median priced home. Local homes that are currently for sale include 900 W Olympic Blvd #39F, 900 W Olympic Blvd #36G and 900 W Olympic Blvd #30H. While the average home in Los Angeles, CA is selling in 92 days, 1248 Magnolia Ave has a days on market of 51 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1248 Magnolia Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1248 Magnolia Ave

Public county record property details
Beds
4
Baths
3
Year built
1902
Sq. Ft.
3,290
Lot Size
9,100
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
89,90
APN
5076-016-009

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 1248 Magnolia Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.