1029 Magnolia Avenue, Gardena, CA 90247

$5,200,000

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Sold Price
$5,200,000
List Price
$5,500,000
Closing Date
Mar 07, 2025
Status
CLOSED
MLS#
SB25047395
Year Built
1973
Lot Size
28,726
Acres
0.66
Days on Market
1
Property Type
Multifamily
Style
Traditional
Property Sub Type
Apartment
Stories
Two Levels

Property Description

28-unit apartment building. All 1 bed/1 bath. Posted for comparable purposes.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Stucco
Roof
Flat
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
28
Gross Scheduled Income
$552,803
Operating Expense
289764

Listing courtesy of Listing Agent: Rob McGarry (rob@beachhomebroker.com) from Listing Office: Vista Sotheby’s International Realty.

Listing sold by Jonathan Nikfarjam from Shield CRE, Inc.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.