Check Availability

1975 Magnolia Avenue

1975 Magnolia Avenue, Long Beach, CA 90806
Multifamily in South Wrigley
1975 Magnolia Avenue has been categorized by the local assessors in Long Beach, CA as a residential type of property. The building on the property was first built in 1932 and is 92 years old. The home has a total of 8 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1975 Magnolia Avenue has 5,073 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,570 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,031 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a flat style roof made of roll composition. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1975 Magnolia Avenue was last sold in Dec 17, 2020 for $1,399,000. According to our calculations, that's $275.77 per sqft. Current property owners are expected to pay $17,702 in taxes per year. The property on 1975 Magnolia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,430,550. To break that down further, the land itself was valued at $728,280. While improvements to the property were assessed at a total of $702,270. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Tandem Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201122
11/22/2020
Studio
-
-
$1,399,000
bedrooms
Studio
bathrooms
-
$1,399,000
01/28/2021
Angel Arellano

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 9
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,031
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,073
  • Building Area: 5,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 5,073
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8988
  • Land Acres: 0.184
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TRACT # 8988 LOT/SEC 4

Ownership

  • Current Owner : FLORES FERNANDO
  • Current Owner 2: FLORES LORENA
  • Previous Owner : SELBY JEREMY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 573004

Zoning

  • Zoning: LBR2N

Geography

  • Assessors Map Reference: 75-C3
  • Subdivision Tract Number: 8988
  • Parcel: 7202-042-017
  • Lot: 4
  • Municipality: SOUTH /POLY HI/WRIGLEY
  • Latitude: 33.7931
  • Longitude: -118.198

    Address

  • Full Address: 1975 Magnolia Ave
  • Address - House Number: 1975
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 5303
  • Zip Code: 90806

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,702
  • Tax Rate Code Area: 05-501

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,445,568
  • High Value: 1,774,664
  • Low Value: 1,116,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,031,250
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,031,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,430,550
  • Assessed Land Value: $728,280
  • Assessed Improvements Value: $702,270

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11815376155
  • Current Sale Price: $1,399,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0158675

    Last Sale Mortgage

  • First Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $1,031,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About South Wrigley



Similar Buildings

Multifamily at 1975 Magnolia Avenue,

820 West Esther Street

  • 1 Unit for Sale
820 West Esther Street, Long Beach, CA 90813
Multifamily at 1975 Magnolia Avenue,

2112 Locust Avenue

  • 1 Unit for Sale
2112 Locust Avenue, Long Beach, CA 90806
Multifamily at 1975 Magnolia Avenue,

2366 Chestnut Avenue

  • 1 Unit for Sale
2366 Chestnut Avenue, Long Beach, CA 90806
Multifamily at 1975 Magnolia Avenue,

1602 Pine Avenue

  • 1 Unit for Sale
1602 Pine Avenue, Long Beach, CA 90813
Multifamily at 1975 Magnolia Avenue,

2363 Pacific Avenue

  • 1 Unit for Sale
2363 Pacific Avenue, Long Beach, CA 90806
Multifamily at 1975 Magnolia Avenue,

540 East Dayman Street

  • 1 Unit for Sale
540 East Dayman Street, Long Beach, CA 90806
Multifamily at 1975 Magnolia Avenue,

333 West Anaheim Street

  • 1 Unit for Sale
333 West Anaheim Street, Long Beach, CA 90813
Multifamily at 1975 Magnolia Avenue,

1450 Locust Avenue

  • 4 Units for Sale
1450 Locust Avenue, Long Beach, CA 90813
Multifamily at 1975 Magnolia Avenue,

217 West 12th Street

  • 1 Unit for Sale
217 West 12th Street, Long Beach, CA 90813

Nearby Rentals

Unit for rent at

$1,795 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
Listing by Manager
Unit for rent at

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 577 ft²
Listing by Manager
Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,600 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,775 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by Manager
Unit for rent at

$1,590 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1975 Magnolia Avenue located in?
The 1975 Magnolia Avenue is a multifamily located in the neighborhood of South Wrigley in South Wrigley, Long Beach.
What is the average sales price for listings in 1975 Magnolia Avenue?
The average sales price for units in 1975 Magnolia Avenue is $1,399,000 currently.

Quantcast