NOT LISTED FOR SALE
1 Bed
8 Baths
3,428 Sq Ft
3,650 Sq Ft Lot

Sale Details

Date Sold: July 18, 2025

Last sale price $1,130,000 $330 Per Sq Ft

72 Days on Market

About This Home

As of July 2025

This home is located at 1604 Magnolia Ave, Long Beach, CA 90813 since 04 March 2025. This property was built in 1928. 1604 Magnolia Ave is a home located in Los Angeles County with nearby schools including Lafayette Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Last Agent to Sell the Property

Justin White

Justin White Brokerage Phone: 714.231.2537 License #01267826 Listed on: 03/04/2025

Last Buyer's Agent

Marc Habib

Buckingham Investments, Inc License #02207264

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,650 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,428 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 10 / 5
  • Tax Tract Number 10403
  • Assessor Parcel Number 7269038005

Community Details

Overview

  • 8 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Insurance Expense $8,000
  • New Taxes Expense $15,000
  • Operating Expense $47,068
  • Gross Income $102,199
  • Net Operating Income $55,131

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

3,650 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR4N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7269038005
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 329.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 3650.00
  • Lot Size Acres: 0.0838

Multi Family

  • Gross Income: 102199.00
  • Gross Scheduled Income: 105360.00
  • Insurance Expense: 8000.00
  • Lot Size Area: 3650.0000 Square Feet
  • Net Operating Income: 55131.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 47068.00
  • Rent Control: No
  • Total Actual Rent: 8530.00
  • Total Expenses: 47068.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 5
  • Tax Census Tract: 5754.01
  • Tax Lot: 10
  • Tax Tract Number: 10403

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
May 22, 2025
Sold by
Bought by
Seller's Agent
Justin White
Justin White
Buyer's Agent
Marc Habib
Buckingham Investments, Inc
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,500
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 17, 2017
Closed on
Jul 14, 2017
Sold by
Bought by
Seller's Agent
Greg Bassirpou
Marcus & Millichap RE Invest
Buyer's Agent
Kathleen Kramer
Kathleen Kramer, Broker
List Price
$1,075,000
Sold Price
$1,080,000
Premium/Discount to List
$5,000
0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$626,000
Interest Rate
3.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2017
Sold by
Bought by

Purchase Details

Listed on
Nov 26, 2015
Closed on
Mar 3, 2016
Sold by
Bought by
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Hamid Pashaee
Hamid Pashaee, Broker
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,130,000 Ticor Title Company
-- Old Republic Title Company
$1,065,000 Old Republic
$495,000 Fidelity National Title Co
-- Old Republic Title Company
-- Old Republic Title Company
$600,000 Old Republic Title Company
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $734,500
Previous Owner $600,000
Previous Owner $626,000
Previous Owner $110,000
Previous Owner $330,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 Sold $1,130,000 -5.8% $330 / Sq Ft
03/04/2025 03/04/25 For Sale $1,200,000 +11.1% $350 / Sq Ft
08/07/2017 08/07/17 Sold $1,080,000 +0.5% $315 / Sq Ft View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
06/17/2017 06/17/17 For Sale $1,075,000 +79.2% $314 / Sq Ft
04/08/2016 04/08/16 Sold $600,000 -13.7% $175 / Sq Ft View Prior Sale
02/04/2016 02/04/16 Pending -- -- --
11/26/2015 11/26/15 For Sale $695,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,811 $1,211,784 $341,347 $870,437
2024 $16,078 $1,188,024 $334,654 $853,370
2023 $15,794 $1,164,731 $328,093 $836,638
2022 $14,832 $1,141,894 $321,660 $820,234
2021 $14,519 $1,119,504 $315,353 $804,151
2019 $14,310 $1,086,820 $306,000 $780,820
2018 $13,947 $1,065,520 $300,000 $765,520
2016 $1,890 $76,161 $22,957 $53,204
2015 $1,839 $75,018 $22,613 $52,405
2014 $1,875 $73,550 $22,171 $51,379
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25047614

California Regional Multiple Listing Service (CRMLS)
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