1600 Magnolia Avenue
Description
- Listed by Melissa Barlow • DRE #01498928 • Brokerage DRE #01834648 • Elite Representation Real Estate
Property Details for 1600 Magnolia Avenue
Property Details for 1600 Magnolia Avenue
| Status | Active |
|---|---|
| MLS # | 24-439935 |
| Days on Market | 65 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1955 |
| Lot Size | 0.08 AC / 3,651 SF |
| County | Los Angeles County |
Building Information for 1600 Magnolia Avenue
Property Information for 1600 Magnolia Avenue
- Tax Mello Roos: No
- Number Of Units: 4
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Residential
- View: No
- View Description: None
- View: None
- Water: District
- Sewer: In Street Paid
- Water Heaters: Yes
- Water Heater Features: Gas
- Water District: Long Beach
- Probate: No
- Disclosures: Rent Control
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $106,581
- Net Operating Income: $68,842.60
- Gross Income: $2,400
- Cap Rate: 5.23%
- Gross Rent Multiplier: $12.08
- Actual Annual Gross Rent: $115,456.73
- Actual Gross Annual Income: $106,582
- Laundry Income: $2,400
- Actual Rent Total: $115,456.73
- Vacancy Allow Percent: 3.00%
- Owner Pays: Water, Gardener
- Total Annual Expense: 37739
- Water Expense: $2,700.00
- Expense Pest: $1,800.00
- Tax Expense: $18,415
- Gardener Expense: $1,200
- Expense Licenses: $400.00
- Insurance Expense: $1,824
- Management Expense: $5,400.00
- Additional Parcel Number: No
- Lot Acreage: 0.0838
- Lot Size Square Feet: 3651
- Lot Size Dimensions: 50x73
- Source Lot Size Dimensions: Vendor Enhanced
- Lot Location: None
- Parking Garage: Garage - 4+ Car
- Total Parking: 4
- Garage Spaces Total: 4
- Levels: Two
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Cooling Type: None
- Heating: Wall Furnace
- Heating Type: Wall
- Flooring: Mixed
- Equipment: Garbage Disposal
- Interior Features: Common Walls
- Common Walls: Attached
- Laundry: Other
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- Roof: Shingle
- Sprinklers: None
- Patio Features: None
- New Construction: No
- Construction Materials: Stone, Wood Siding
- Exterior Construction: Stone, Wood Siding
- Foundation Details: Raised
- Other Structures: None
- Entry Date: 09-15-2024
- Rent Control: Yes
- Tenant Pays: Gas, Cable TV, Electricity, Trash Collection
- Unit Beds: 3
- Unit Baths: 2
- Unit Furnished: No
- Unit Rent: $2,541.40
- Unit Actual Rent: $2,541.40
- Unit Projected Rent: $3,263.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $.00
- Unit Actual Rent: $.00
- Unit Projected Rent: $2,006.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,789.00
- Unit Actual Rent: $1,789.00
- Unit Projected Rent: $2,006.00
- Like Units: 1
- Unit Beds: 3
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,150.40
- Unit Actual Rent: $2,150.40
- Unit Projected Rent: $3,263.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109
- Assessed Improvement Value: $184,708.00
- Assessed Improvement Percent: 42.86
- Assessed Land Value: $246,281.00
- Assessed Land Percent: 57.14
- Assessed Total Value: $430,989.00
Property History for 1600 Magnolia Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1600 Magnolia Avenue
Schools near 1600 Magnolia Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lafayette Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Educational Partnership High School Public9 to 12 |
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.
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Listing Courtesy of Elite Representation Real Estate, Melissa Barlow, DRE #01498928
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.