NOT LISTED FOR SALE

1803 Magnolia Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,004,000 - $1,458,000

11 Beds
5 Baths
4,222 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $885,000 $210 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,531/month

263 Days on Market

About This Home

As of April 2018

Located within close proximity of all major shopping, grocery/retail stores, parks, schools and freeway access

Last Agent to Sell the Property

Bryan Cox

Netpro Realty License #01300468 Listed on: 06/08/2017

Co-Listed By

Christopher Astillero

Netpro Realty License #01127795

Last Buyer's Agent

Monica Sainz

First Investments Realty & Mortgage License #01253544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,793

Year Built

  • Built in 1905

Lot Details

  • 7,525 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 5 Car Garage
  • Carport
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • 4,222 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Tax Tract Number 210
  • Assessor Parcel Number 5056015011

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $450
  • New Taxes Expense $1,793
  • Operating Expense $7,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,793

Year Built

Built in 1905

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 450.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5056015011
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 209.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7525.00

Multi Family

  • Insurance Expense: 800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 5133.00
  • Total Expenses: 7993.00

Tax Info

  • New Taxes Expense: 1793.00
  • Tax Block: A
  • Tax Census Tract: 2211.20
  • Tax Lot: 12
  • Tax Tract Number: 210
  • Tax Annual Amount: 1793.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Salazar Mirna and Salazar Fredy
Bought by
Salazar Fredy and Salazar Mirna
Current Estimated Value
$1,240,305

Purchase Details

Listed on
Jun 8, 2017
Closed on
Feb 26, 2018
Sold by
Ruiz Maria
Bought by
Salazar Fredy and Salazar Mirna
Seller's Agent
Bryan Cox
Netpro Realty
Buyer's Agent
Monica Sainz
First Investments Realty & Mortgage
List Price
$899,900
Sold Price
$885,000
Premium/Discount to List
-$14,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$868,970
Outstanding Balance
$763,307
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$476,998

Purchase Details

Closed on
Jul 16, 2016
Sold by
Ruiz Adolfo
Bought by
Ruiz Maria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salazar Fredy -- None Available
Salazar Fredy $885,000 First American Title Company
Ruiz Maria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Fredy $868,970
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $885,000 -1.7% $210 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $899,900 +1.7% $213 / Sq Ft
01/10/2018 01/10/18 Off Market $885,000 -- --
06/28/2017 06/28/17 Price Changed $899,900 -5.3% $213 / Sq Ft
06/08/2017 06/08/17 For Sale $949,900 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,468 $1,006,975 $796,478 $210,497
2024 $12,468 $987,231 $780,861 $206,370
2023 $12,236 $967,874 $765,550 $202,324
2022 $11,683 $948,897 $750,540 $198,357
2021 $11,522 $930,292 $735,824 $194,468
2020 $11,634 $920,754 $728,280 $192,474
2019 $11,185 $902,700 $714,000 $188,700
2018 $1,718 $103,528 $24,110 $79,418
2016 $1,621 $99,510 $23,175 $76,335
2015 $1,604 $98,016 $22,827 $75,189
2014 $1,647 $96,097 $22,380 $73,717
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bryan Cox

    Netpro Realty

  • C

    Seller Co-Listing Agent in 2018

    Christopher Astillero

    Netpro Realty

  • Monica Sainz

    Buyer's Agent in 2018

    Monica Sainz

    First Investments Realty & Mortgage

    (562) 251-0217

    38 Total Sales

    Monica Sainz
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17129473

California Regional Multiple Listing Service (CRMLS)

APN: 5056-015-011

California Los Angeles County Los Angeles 90006 Pico-Union

1803 Magnolia Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes