$733,000 - $2,104,000
RENTED NOV 22, 2024

1148 Magnolia Ave Los Angeles, CA 90006

Pico-Union Neighborhood
6 Beds
1 Bath
600 Sq Ft
$2,189 Price per Sq Ft

Highlights

  • Detached Guest House
  • Wood Flooring
  • 1-Story Property
  • Art Studio
  • Bungalow
  • Hot Water Circulator

About This Home

As of November 2024

Very good location!! Easy to access I-10 FWY and I-110 FWY Middle of Koreatown and Downtown. Attractive and beautiful, spacious Completely remodeled interior and exterior. All new appliances 1 car parking available. Good neighborhood! Ready to move!, and follow all guidelines highlighted by the CDC and CAR best practices to enter the property.

Last Agent to Rent the Property

Myung Shin

Max Mega Group License #01857653 Listed on: 10/04/2024

Last Renter's Agent

Myung Shin

Max Mega Group License #01857653 Listed on: 10/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 5,252 Sq Ft Lot
  • West Facing Home
  • Property is zoned LAR3

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • 600 Sq Ft Home
  • 1-Story Property
  • Art Studio
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave

Parking

  • 1 Parking Space
  • Assigned Parking

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Hot Water Circulator
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,700
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5076-013-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,617

Year Built

Built in 1905 | Remodeled

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 1700
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 600
  • Lot Acreage: 0.1206
  • Property Condition: Updated/Remodeled
  • Year Built: 1905
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Living Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2.83

Exterior Features

  • Direction Faces: West
  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Water Heater: Gas, Hot Water Circulator, Water Heater Unit
  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5076-013-009
  • Lot Size Area: 5252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 26, 2024
Sold by
Lee Hannah
Bought by
Hannah Lee Revocable Living Trust and Lee
Seller's Agent
Myung Shin
Max Mega Group
Buyer's Agent
Myung Shin
Max Mega Group
Sold Price
$1,700
Views
108
Current Estimated Value
$1,313,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,311,964

Purchase Details

Closed on
Jan 26, 2021
Sold by
Lee Keum Joo
Bought by
Lee Hannah

Purchase Details

Closed on
Nov 10, 2020
Sold by
Lee Keum Joo and The Keum Joo Lee Revocable Liv
Bought by
Lee Keum Joo and Lee Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2019
Sold by
Lee Keum Joo
Bought by
The Keum Joo Lee Revocable Living Trust

Purchase Details

Closed on
Dec 5, 2008
Sold by
Chong Young A
Bought by
Lee Keum Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2008
Sold by
Wells Fargo Bank Na
Bought by
Chong Chin Ah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2008
Sold by
Chung Sang H
Bought by
Chong Chin Ah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Hwang Edward
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 19, 2007
Sold by
Kim Yung Chan
Bought by
Oh Boo Ja

Purchase Details

Closed on
Jan 5, 2007
Sold by
Hwang Edward
Bought by
Kim Yung Chan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2006
Sold by
Park Kenneth
Bought by
Hwang Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 24, 2006
Sold by
Cho Sung Hoon
Bought by
Park Kenneth

Purchase Details

Closed on
May 23, 2005
Sold by
Yi Samuel
Bought by
Cho Sung Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2004
Sold by
Yi Mira
Bought by
Yi Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2004
Sold by
Kriste Michael J and Mary Ann Kriste Trust
Bought by
Yi Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Kriste Mary A
Bought by
Kriste Mary Ann and Kriste Michael J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hannah Lee Revocable Living Trust -- None Listed On Document
Lee Hannah -- Accommodation
Lee Keum Joo -- Provident Title Company
Lee Keum Joo -- Provident Title Company
The Keum Joo Lee Revocable Living Trust -- None Available
Lee Keum Joo $425,000 Chicago Title Company
Chong Young A -- Chicago Title Company
Chong Chin Ah $360,000 First American Title Company
Wells Fargo Bank Na -- First American Title Company
Chong Chin Ah -- First American Title Company
Bank Of America Na $686,080 Accommodation
Oh Boo Ja -- None Available
Kim Yung Chan -- None Available
Hwang Edward $830,000 Chicago Title Co
Park Kenneth -- None Available
Cho Sung Hoon $750,000 Equity Title
Yi Samuel -- Equity Title
Yi Samuel $610,000 Equity Title
Kriste Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Keum Joo $510,400
Previous Owner Lee Keum Joo $313,141
Previous Owner Lee Keum Joo $340,000
Previous Owner Chong Chin Ah $288,000
Previous Owner Hwang Edward $180,000
Previous Owner Hwang Edward $650,000
Previous Owner Cho Sung Hoon $600,000
Previous Owner Yi Samuel $61,000
Previous Owner Yi Samuel $488,000
Closed Cho Sung Hoon $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Rented $1,700 0.0% --
10/04/2024 10/04/24 For Rent $1,700 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,617 $609,752 $386,321 $223,431
2024 $7,617 $597,797 $378,747 $219,050
2023 $7,479 $586,076 $371,321 $214,755
2022 $7,143 $574,586 $364,041 $210,545
2021 $7,039 $563,320 $356,903 $206,417
2020 $7,106 $557,545 $353,244 $204,301
2019 $6,772 $546,614 $346,318 $200,296
2018 $6,025 $480,995 $339,528 $141,467
2016 $5,741 $462,320 $326,345 $135,975
2015 $5,659 $455,376 $321,443 $133,933
2014 $5,685 $446,457 $315,147 $131,310
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2024

    Myung Shin

    RE/MAX

    7 Total Sales

    Myung Shin
    Section Image
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Map

Source: The MLS

MLS Number: 24-448929

The MLS

APN: 5076-013-009

California Los Angeles County Los Angeles 90006 Pico-Union

1148 Magnolia Ave, Los Angeles, CA

This home is located at 1148 Magnolia Ave, Los Angeles, CA 90006 since 04 October 2024 and is currently priced at $1,313,664. This property was built in 1905. 1148 Magnolia Ave is a home located in Los Angeles County with nearby schools including Leo Politi Elementary, Berendo Middle, and Belmont High School.

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