513 Magnolia Street

South Pasadena, CA 91030

$1,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located in a prime South Pasadena neighborhood, this classic American Colonial triplex built in 1925, was originally believed to be a single family home that was divided into two separate units around WWII. The northern unit first level features a lovely living room with period fireplace, eat-in kitchen and large private patio. Stairs lead to a second level with bedroom, bath and storage. The southern unit is also two stories, with 2 bedrooms and 2 bathrooms, as well as a living room with built-ins,...Located in a prime South Pasadena neighborhood, this classic American Colonial triplex built in 1925, was originally believed to be a single family home that was divided into two separate units around WWII. The northern unit first level features a lovely living room with period fireplace, eat-in kitchen and large private patio. Stairs lead to a second level with bedroom, bath and storage. The southern unit is also two stories, with 2 bedrooms and 2 bathrooms, as well as a living room with built-ins, kitchen, breakfast nook and laundry room. Both units are vacant. An additional detached structure features the studio unit with efficiency kitchen and bathroom. This unit is tenant occupied. Unique west-facing orientation provides additional privacy, mature landscaping - including a stately oak and multiple proprietary and common outdoor spaces for entertaining. 2-car garage and drive. Generational ownership provides pride of ownership, with the opportunity to make desired upgrades. Buyers sole responsibility to investigate any potential expansion opportunities.

Listing Agent

  1. George Penner

    George Penner

    Listing Agent

    Compass

    DRE #01394929

Property Details for 513 Magnolia Street

Architectural Style
Colonial
Subdivision Name
Not Applicable
Garage Spaces
2.00
View
None

Location

Listing Courtesy of COMPASS, George Penner, DRE #01394929
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LISTING UPDATED: 05/15/2024 12:02 PM

Property Details for 513 Magnolia Street

StatusActive
MLS #P1-17567
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1925
Lot Size0.18 AC / 8,005 SF
CountyLos Angeles County

Location

Listing Courtesy of COMPASS, George Penner, DRE #01394929
Add your commute

Building Information for 513 Magnolia Street

Stories2Residences-Year Built1925Building Size-Lot Size0.18 AC / 8,005 SF

Payment Calculator

$8,351 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 513 Magnolia Street

Summary
Location and General Information
  • Accessibility Features: None
  • Community Features: Sidewalks
  • City: South Pasadena
  • Country: US
  • Directions: Please use navigation.
  • Area: 658 - South Pasadena
  • Unparsed Address: 513 Magnolia Street, South Pasadena, CA 91030
Parking
  • Parking Features: Garage - Two Door, Driveway
Taxes and HOA Information
  • Association Fee: $.00
  • Professional Management Expense: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers, Sprinklers In Front
  • Lot Size Acres: .18
  • Lot Size Square Feet: 8,005.00
  • Lot Size Area: 8,005.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5313004015
  • Property Type: Residential Income
  • Property Sub Type: Triplex
Property and Assessments
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Documents Count: 1
  • Exclusions: All staged furnishings. Potted plants.
  • New Construction: No
  • Property Attached: Yes
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: Sewer Paid
  • Water Sewer Expense: $4,200.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Total Bathrooms: 0
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: Inside
  • View: No
  • Levels: One, Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $12,360.00
  • Net Operating Income: $3,020.00
  • Electric Expense: $.00
  • Insurance Expense: $2,600.00
  • Number Of Buildings: 2
  • Number Of Units Leased: 1
  • Operating Expense: $15,380.00
  • Pest Control Expense: $.00
  • Special Listing Conditions: Standard
  • Trash Expense: $3,600.00
Rental
Rental Information
  • Tenant Pays: Electricity, Gas

Property History for 513 Magnolia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 513 Magnolia Street

Taxable ValueLand$64,777Additions$23,292Total$88,069
Tax Record2023$1,980 ($165 / month)
Home Facts
Total Finished SqFt1,910 SqFtAbove Grade Finished SqFt1,910 SqFtLot Size8,005 SqFtStyleDuplexYear Built1925ZoningSPR310000*CountyLOS ANGELESAPN5313-004-015

Schools near 513 Magnolia Street

This home is within South Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Arroyo Vista Elementary School
PublicK to 5

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

Holy Family Catholic School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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513 Magnolia Street is a multi-family home for sale in South Pasadena, CA 91030. This property was listed for sale on May 8, 2024 by Compass, it's currently listed at $1,500,000. This listing's school district is South Pasadena Unified School District. Nearby schools include Arroyo Vista Elementary School, South Pasadena Middle School and South Pasadena Senior High School. 513 Magnolia Street is a 0-bed, 0-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, George Penner, DRE #01394929

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.