2 months on rocket

1100 Magnolia Ave, Los Angeles, CA, 90006

$1,990,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
7 Baths
5,954 SqFt
$334/SqFt
House
Schools Nearby

Location

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1100 Magnolia Ave, Los Angeles$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingConcrete
Year Built1904
MLS #24357723
Lot Size0.19 Acres
StatusActive

About 1100 Magnolia Ave

Great location and Opportunity Zone in K-town. Perfect for investors looking for residual income for long term hold, build new construction, and take advantage of O-zone tax incentive. So many different avenues of opportunity on this corner lot ! The units are individually gas and electricity metered.

Property Details

Property Features

Property Information:

  • Year Built: 1904
  • Stories: 2
  • Living Area: 5,954 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Stacy B. Han

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Leo Politi Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: One Block S. Olympic Blvd and E. Vermont Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $334/SqFt

Tax Information:

  • Annual Amount: $20,751
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1100 Magnolia Ave vs Los Angeles

72 DAYS ON ROCKET

+38 Days

$1,990,000

+$1.0M More

$334/SqFt

-$294 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $294/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24357723

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Stacy B. Han

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 7:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2016Home Sold
$1,580,000
Oct 18, 2002Home Sold
$445,000
Oct 18, 2002Home Sold
$445,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,751$1,694,076
2020$20,139$1,676,706
2019$19,945$1,643,831
2018$19,521$1,611,600
2017$19,521$1,580,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1557992
3
/10
  • Leo Politi Elementary School

  • 2481 W 11th St

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-1557993
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.11 miles

  • Public Magnet Grades KG-6

school-card-donut-1557994
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.57 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1557995
3
/10
  • Berendo Middle School

  • 1157 S Berendo St

  • 0.54 miles

  • Public District Grades 6-8

school-card-donut-1557996
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.69 miles

  • Public District Grades 6-8

High School

school-card-donut-1557997
2
/10
  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.42 miles

  • Public District Grades 9-12

school-card-donut-1557998
1
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.53 miles

  • Public District Grades 9-12

school-card-donut-1557999
2
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 1.53 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,962. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1100 Magnolia Ave

What is the listing price of this property?

The listing price of 1100 Magnolia Ave property is $1,990,000.

What type of property is this?

The property 1100 Magnolia Ave is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1100 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1100 Magnolia Ave are:
Leo Politi Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Berendo Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 2/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,751 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2016 for $1,580,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1100 Magnolia Ave has 10 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1100 Magnolia Ave is 5,954 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1100 Magnolia Ave is 1904.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900061100 Magnolia Ave

This home is located at 1100 Magnolia Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 5,954 square foot home, which was built in 1904, sits on a 0.19 acre lot. Features: 10 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $1,990,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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