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2656 Magnolia Ave, Los Angeles, CA 90007
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2656 Magnolia Ave Los Angeles, CA 90007

$1,600,000 Sold Price as of 07/26/2021
  • 4 Beds
  • 2 Baths
  • 1,885 Sq.Ft.
Sold
$1,600,000 Sold Price as of 07/26/2021 Refinance Your Mortgage
Map preview of 2656 Magnolia Ave, Los Angeles, CA 90007

Property Overview: 2656 Magnolia Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,885 living square feet and 6,103 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing investment opportunity!! Charming remodeled duplex in a perfect location close to USC. Both units features 2 bedrooms and one bath. This home was completely remodeled in 2019 with upgraded electrical, main drain, water heaters, recessed lighting, windows, exterior and interior paint.. Both units features beautiful kitchens with quart counter tops, remodeled bathrooms and their own laundry. The rear unit also features a new porch. This home features a large attic with 7ft ceilings equipped with added electrical for 1 bedroom or studio apartment,. This lot is Zoned for 4 units and has the opportunity to build 2 ADU’s. Don’t miss out on this great income property!

Listed by Semira Knight | BRE #01491785 | Coldwell Banker Realty
Last checked: 57 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,103
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR21105786
City
Los Angeles
County
Los Angeles
Time on Site
1228 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2656 Magnolia Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5055025009
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: next to USC
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2656 Magnolia Ave

Last sold for $1,600,000 on July 26th, 2021

  • July, 2021

  • Jul 26, 2021

    Date

    Sold

    CRMLS: SR21105786

    $1,600,000

    Price

  • Jul 6, 2021

    Date

    Pending

    CRMLS: SR21105786

    $1,749,000

    Price

  • May 21, 2021

    Date

    Active Under Contract

    CRMLS: SR21105786

    $1,749,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: SR21105786

    $1,749,000

    Price

  • May, 2021

  • May 21, 2021

    Date

    Canceled

    CRMLS: SR21101521

    $1,749,000

    Price

  • May 18, 2021

    Date

    Withdrawn

    CRMLS: SR21101521

    $1,749,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: SR21101521

    $1,749,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2018

  • Nov 21, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2656 Magnolia Ave

Assessed Value (2020): $645,543
Year Land Value Improved Value Assessed Value
2020 $432,143 $213,400 $645,543

Home Value Compared to the Market

This property vs the competition

2656 Magnolia Ave sold on July 26, 2021 for 56.16% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $927.85 per/sqft which puts the price per square foot 28.16% higher than the current median sale per square foot for the city of Los Angeles.

About 2656 Magnolia Ave

Detailed summary of property

2656 Magnolia Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,885 living square feet, and sits on an approximately 6,103 square foot lot. 2656 Magnolia Ave was first listed on ArdentRealEstateGroup.com on May 18, 2021. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 56.16% higher than the current median priced home. Local homes that are currently for sale include 1261 W 35th Pl, 1446 S Burlington Ave and 1270 W 35th Pl. While the average home in Los Angeles, CA is selling in 106 days, 2656 Magnolia Ave has a days on market of 3 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2656 Magnolia Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2656 Magnolia Ave

Public county record property details
Beds
4
Baths
2
Year built
1905
Sq. Ft.
1,885
Lot Size
6,103
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5055-025-009

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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.

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