1508 Magnolia Ave Long Beach, CA 90813

$875,000 Sold Price as of 03/27/2018

8 Beds
8 Baths
3,178 Sq.Ft.

Off Market

$875,000 Sold Price as of 03/27/2018 Refinance Your Mortgage

Map preview of 1508 Magnolia Ave, Long Beach, CA 90813

Property Overview: 1508 Magnolia Ave Long Beach, CA has 8 bedrooms, 8 bathrooms, 3,178 living square feet and 3,650 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1508 Magnolia Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $780,000. The median price per/sqft for Long Beach is $646. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $156,000 for the down payment and will need roughly $15,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1508 Magnolia Ave

Last sold for $875,000 on March 27th, 2018

August, 2023
Aug 2, 2023

Date

Canceled

CRMLS: SB23041504

$2,395

Price
Mar 13, 2023

Date

Active

CRMLS: SB23041504

$2,450

Price
Listing provided courtesy of CRMLS

Welcome home to 1508 Magnolia Ave! This partially furnished 2nd floor 2bed / 1.5 bath is nestled in between two historic neighborhoods which are the gateway to Downtown Long Beach. This light-filled corner unit enjoys Long Beach's ocean breezes and boasts new planked laminate flooring, and ample hallway storage. Spacious floor plan ~850 sqft, and fully equipped kitchen and new full-sized appliances. Primary bedroom is attached to half bath, and has a smart TV mounted on the wall. Generous closet space and double paned windows can be found in both bedrooms as well as a Queen, platform bed, memory foam mattress, 3-drawer dresser and nightstand. Full bath features tub with water softening shower head. On-site parking with a dedicated, oversized one car garage. Gated property with keyless entry, well-lit grounds and closed circuit cameras. Cozy micro-courtyard. Clean and tidy communal laundry room with a newer high capacity Washer/ dryer.

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March, 2018
Mar 29, 2018

Date

Sold

CRMLS: PW18028727

$875,000

Price
Feb 26, 2018

Date

Pending

CRMLS: PW18028727

$860,000

Price
Feb 13, 2018

Date

Active

CRMLS: PW18028727

$860,000

Price
Listing provided courtesy of CRMLS

GREAT INVESTMENT OPPORTUNITY!! 1960'S 4-PLEX IN GREAT RENTAL MARKET OF THE WRIGLEY AREA. ALL LARGE 2BED/2BATH UNITS. 4 CAR GARAGES IN ALLEY. ONSITE LAUNDRY ROOM BRINGS IN ADDITIONAL INCOME. SEPARATELY METERED FOR GAS & ELECTRIC. LONG TERM OWNER AND LONG TERM TENANTS WITH HUGE UPSIDE IN RENTS! HURRY A 60'S BUILDING LIKE 1508 MAGNOLIA AVE. WON'T LAST LONG!

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March, 2018
Mar 27, 2018

Date

Sold (Public Records)

Public Records

$875,000

Price
September, 2012
Sep 26, 2012

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1508 Magnolia Ave

Assessed Value (2020): $910,350

Year	Land Value	Improved Value	Assessed Value
2020	$260,100	$650,250	$910,350

About 1508 Magnolia Ave

Detailed summary of property

1508 Magnolia Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Long Beach, CA 90813 and last sold on March 27, 2018 for $875,000. This property has 8 bedrooms, 8 bathrooms, roughly 3,178 living square feet, and sits on an approximately 3,650 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 6.84% higher than the current median priced home. 1508 Magnolia Ave was last sold on March 27, 2018 for $875,000. Local nearby listings include 735 Cedar Ave #25, 800 Pacific Ave #205 and 800 Pacific Ave #200. The average home in Long Beach, CA is selling in 62 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. If you are the homeowner and looking to sell the home at 1508 Magnolia Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1508 Magnolia Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1963
Sq. Ft.: 3,178
Lot Size: 3,650
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21,22
APN: 7269-038-011

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$560,000

Median List Price/Sq.Ft.

$553

Median Sold Price

$495,000

Median Sold Price/Sq.Ft.

$587

Total Inventory

Median Sale to List Price %

99.02%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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