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5856 Magnolia Ave, Whittier, CA 90601
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5856 Magnolia Ave Whittier, CA 90601

$800,000 Sold Price as of 02/23/2021
  • 4 Beds
  • 2 Baths
  • 1,739 Sq.Ft.
Sold
$800,000 Sold Price as of 02/23/2021 Refinance Your Mortgage
Map preview of 5856 Magnolia Ave, Whittier, CA 90601

Property Overview: 5856 Magnolia Ave Whittier, CA has 4 bedrooms, 2 bathrooms, 1,739 living square feet and 6,689 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex in semi-private cul-de-sac location is available. This property was fully rehabbed in 2019 with new interior/exterior paint, new electrical panel, upgraded plumbing, new windows throughout, remodeled kitchens and bathrooms, professionally refinished hardwood floors, new garage roll-up doors with automatic openers. Front unit has a semi-private open concept kitchen/living area, and upgraded, easy-maintenance landscaping, as well we new wrought iron gates and handrails on the exterior.

Listed by Mina De La Cerda | BRE #01251826 | Elite Real Estate Group
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,689
HOA Dues
$0/mo
Year built
1953
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21005561
City
Whittier
County
Los Angeles
Time on Site
1197 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $26,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $25,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,600
  • Net Operating Income: $38,350
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,250
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1
  • Trash: $900
  • Insurance: $1,300
  • Water/Sewer: $2,400

Property Details for 5856 Magnolia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl, Wood
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Copper Plumbing Partial, Granite Counters
  • Levels: One
  • Window Features: Double Pane Windows
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Has Fence
  • Block, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Front Yard, Level with Street, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 8134016012
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Property is Attached
  • Accessibility Features: Doors - Swing In, Entry Slope Less Than 1 Foot, No Interior Steps
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd/North of Hadley
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Whittier Agent

Sale History for 5856 Magnolia Ave

Last sold for $800,000 on February 23rd, 2021

  • February, 2021

  • Feb 23, 2021

    Date

    Sold

    CRMLS: PW21005561

    $800,000

    Price

  • Feb 9, 2021

    Date

    Pending

    CRMLS: PW21005561

    $749,900

    Price

  • Jan 28, 2021

    Date

    Active Under Contract

    CRMLS: PW21005561

    $749,900

    Price

  • Jan 21, 2021

    Date

    Hold

    CRMLS: PW21005561

    $749,900

    Price

  • Jan 12, 2021

    Date

    Active

    CRMLS: PW21005561

    $749,900

    Price

  • Jan 10, 2021

    Date

    Coming Soon

    CRMLS: PW21005561

    $749,900

    Price

  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • December, 2020

  • Dec 8, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2019

  • Feb 15, 2019

    Date

    Sold

    CRMLS: PW19010418

    $640,000

    Price

  • Feb 12, 2019

    Date

    Pending

    CRMLS: PW19010418

    $645,000

    Price

  • Jan 23, 2019

    Date

    Active Under Contract

    CRMLS: PW19010418

    $645,000

    Price

  • Jan 14, 2019

    Date

    Active

    CRMLS: PW19010418

    $645,000

    Price

  • Listing provided courtesy of CRMLS

    This is a great opportunity for investors. These units need cosmetic work but are situated in a great neighborhood and are boarded by a street in the front and back of the property giving excellent access and parking. The kitchen in the back unit has been updated, both units have hardwood floors, one car garage and a yard. With street access on both sides it would be easy to divide the property to provide each unit with its own personal outside space. This excellent property must be seen to appreciate.

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Tax History for 5856 Magnolia Ave

Assessed Value (2020): $652,800
Year Land Value Improved Value Assessed Value
2020 $456,960 $195,840 $652,800

Home Value Compared to the Market

This property vs the competition

5856 Magnolia Ave sold on February 23, 2021 for 9.65% lower than the current median sold price for the city of Whittier which is $830,000. The median sold price per/sqft for Whittier is $567 and this home is sold at $431.22 per/sqft which puts the price per square foot 23.95% lower than the current median sale per square foot for the city of Whittier.

About 5856 Magnolia Ave

Detailed summary of property

5856 Magnolia Ave is a multi family that recently sold in Whittier, CA 90601. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,739 living square feet, and sits on an approximately 6,689 square foot lot. 5856 Magnolia Ave was first listed on ArdentRealEstateGroup.com on January 28, 2021. The homeowner sold the property for $800,000. Home in Whittier are selling for a median price of $830,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 9.65% lower than the current median priced home. Local homes that are currently for sale include 1086 N Bonnie Beach Pl, 158 N Townsend Ave and 422 N Townsend Ave. While the average home in Whittier, CA is selling in 60 days, 5856 Magnolia Ave has a days on market of 8 days. There are currently 199 homes for sale in the Whittier real estate market and 170 of them are single family homes while 20 of them are condos and 9 are townhomes. For more information on this home for sale at 5856 Magnolia Ave Whittier, CA 90601 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 5856 Magnolia Ave

Public county record property details
Beds
4
Baths
2
Year built
1953
Sq. Ft.
1,739
Lot Size
6,688
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1-4
APN
8134-016-012

The source for these homes facts are from public records.

90601 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.
$519
Median Sold Price
$919,990
Median Sold Price/Sq.Ft.
$533
Total Inventory
53
Median Sale to List Price %
104.66%
Avg Days on Market
30
Loan Type
Conventional (52.94%), FHA (5.88%), VA (5.88%), Cash (17.65%), Other (17.65%)

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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