1144 Magnolia Avenue, Gardena, California 90247, Gardena, 90247 - 3 bed, 2 bath
ACTIVE$844,900
1144 Magnolia Avenue, Gardena, California 90247
3Beds
2Baths
1,715Sqft
8,195Lot
Price Vs. Estimate
The estimated value ($544,731.165) is $300,168.835 (35%) lower than the list price ($844,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8195, living area = 1715.
Top Cons:
Significant Price Discrepancy: The current list price is substantially higher (35% above) the property's estimated value, potentially indicating an aggressive pricing strategy that may deter buyers or prolong market time.
Compared to the nearby listings
Price:$844.9K vs avg $841.0K (+$3,900)52%
Size:1,715 sqft vs avg 1,444 sqft71%
Price/sqft:$493 vs avg $56919%
More Insights
Built in 1953 (72 years old).
Condition: The property, built in 1953, has received some updates such as ceramic tile and laminate wood flooring, fresh paint, and a renovated backyard with pavers and artificial turf. The kitchen features white cabinets, dark countertops, and black appliances, which are functional but not modern. Bathrooms have updated vanities and tile surrounds, but some fixtures (e.g., clear acrylic faucets) and the presence of a wall heater suggest updates are not recent or comprehensive. A significant drawback is the absence of central air conditioning, which is a major system deficiency for a home of this age in a warm climate. While well-maintained and move-in ready, the property shows signs of being aged with occasional updates rather than a full, recent renovation, placing it in the 'fair' category.
Year Built
1953
Close
-
List price
$845K
Original List price
$860K
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
DW25113694
Home ConditionFair
Features
Patio
View-
About this home
NEW PRICE Welcome to this charming 3-bedroom, 2-bath home in the heart of Gardena! Offering 1,715 square feet of well-designed living space on a generous 8,195 sq ft lot, this home features a spacious family room perfect for gatherings and relaxation. Enjoy the elegance of ceramic tile flooring throughout the main living areas, while the bedrooms offer warm and stylish laminate wood flooring. 2 car detached garage for an ADU opportunity. Ideally located within walking distance to a local elementary school, this home provides convenience for growing families. A rare opportunity to own a spacious property in a desirable neighborhood—don’t miss your chance!
Nearby schools
4/10
Amestoy Elementary School
Public,•K-5•0.6mi
6/10
Denker Avenue Elementary School
Public,•K-5•0.7mi
5/10
Gardena Elementary School
Public,•K-5•0.7mi
8/10
Lincoln Elementary School
Public,•K-5•1.6mi
4/10
Robert E. Peary Middle School
Public,•6-8•0.5mi
6/10
Casimir Middle School
Public,•6-8•1.9mi
3/10
Gardena Senior High School
Public,•9-12•1.5mi
8/10
North High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
08/21/96
Sold
$173,000
04/02/12
Sold
$344,000
11/22/11
Sold
$285,000
04/03/06
Sold
$660,000
10/27/05
Sold
$515,000
Condition Rating
Fair
The property, built in 1953, has received some updates such as ceramic tile and laminate wood flooring, fresh paint, and a renovated backyard with pavers and artificial turf. The kitchen features white cabinets, dark countertops, and black appliances, which are functional but not modern. Bathrooms have updated vanities and tile surrounds, but some fixtures (e.g., clear acrylic faucets) and the presence of a wall heater suggest updates are not recent or comprehensive. A significant drawback is the absence of central air conditioning, which is a major system deficiency for a home of this age in a warm climate. While well-maintained and move-in ready, the property shows signs of being aged with occasional updates rather than a full, recent renovation, placing it in the 'fair' category.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8195, living area = 1715.
ADU Conversion Potential: The detached two-car garage presents a clear opportunity for an Accessory Dwelling Unit (ADU) conversion, offering potential rental income or expanded living space.
Generous Lot Size: The expansive 8,195 sq ft lot provides ample outdoor space for recreation, gardening, or future property enhancements.
Spacious Interior Layout: With 1,715 sq ft and a dedicated 'spacious family room,' the home offers comfortable and functional living areas suitable for family gatherings.
Family-Oriented Location: Situated within walking distance to a local elementary school in a 'desirable neighborhood,' appealing strongly to families.
Updated Flooring: The property features modern ceramic tile in main living areas and laminate wood flooring in bedrooms, providing a refreshed aesthetic.
Cons
Significant Price Discrepancy: The current list price is substantially higher (35% above) the property's estimated value, potentially indicating an aggressive pricing strategy that may deter buyers or prolong market time.
Age-Related Maintenance Concerns: Built in 1953, the property is over 70 years old, suggesting potential for aging infrastructure (e.g., plumbing, electrical, roof) that may require significant future capital expenditures not explicitly addressed in the description.
Absence of Central Air Conditioning: The property description does not mention a cooling system, implying a lack of central air conditioning, which could be a significant comfort drawback in California's warmer months and a competitive disadvantage.