NOT LISTED FOR SALE

1248 Magnolia Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,606,759

4 Beds
3 Baths
3,290 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 1248 Magnolia Ave, Los Angeles, CA 90006 and is currently priced at $1,606,759, approximately $488 per square foot. 1248 Magnolia Ave is a home located in Los Angeles County with nearby schools including Leo Politi Elementary, Berendo Middle, and Belmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
1238 1248 Magnolia Dev Partners Llc
Bought by
1238 48 Magnolia Propco Llc
Current Estimated Value
$1,606,759

Purchase Details

Closed on
Jan 31, 2019
Sold by
Petersen Robert H and Petersen Linda R
Bought by
1238 1248 Magnolia Development Partners

Purchase Details

Closed on
Dec 22, 2005
Sold by
Petersen Robert H and Petersen Linda R
Bought by
Petersen Robert H and Petersen Linda R

Purchase Details

Closed on
Oct 17, 1994
Sold by
Petersen Robert H
Bought by
Petersen Robert H and Petersen Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
8.54%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
1238 48 Magnolia Propco Llc -- Pacific Coast Title Company
1238 1248 Magnolia Development Partners $1,215,500 Pacific Coast Title Company
Petersen Robert H -- --
Petersen Robert H -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1238 48 Magnolia Development Partners Ll $2,225,000
Previous Owner Petersen Robert H $39,900
Source: Public Records

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
2022 $15,027 $1,277,370 $1,277,370 $0
2021 $15,191 $1,252,323 $942,968 $309,355
2020 $15,345 $1,239,483 $933,300 $306,183
2019 $1,148 $57,745 $43,269 $14,476
2018 $1,112 $56,614 $42,421 $14,193
2016 $1,034 $54,418 $40,775 $13,643
2015 $1,025 $53,602 $40,163 $13,439
2014 $1,053 $52,553 $39,377 $13,176
Source: Public Records

Map

California Los Angeles County Los Angeles 90006 Pico-Union

1248 Magnolia Ave, Los Angeles, CA

This home is located at 1248 Magnolia Ave, Los Angeles, CA 90006 and is currently priced at $1,606,759, approximately $488 per square foot. 1248 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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