24631 Magnolia Place, Harbor City, California 90710, Harbor City, 90710 - 3 bed, 3 bath

24631 Magnolia Place, Harbor City, California 90710 home-pic-0
ACTIVE$779,000$1,835/sqft
Est. Value: $802,543
3%
BelowEstimate
24631 Magnolia Place, Harbor City, California 90710
3Beds
3Baths
1,835Sqft
198,377Lot

Price Vs. Estimate

The estimated value ($802,543.21) is $23,543.21 (3%) higher than the list price ($779,000). This property may be underpriced.

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 = 198377, living area = 1835.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =198377, other record lot size in square feet = 198323.

Compared to the nearby listings

Price:$779.0K vs avg $877.5K ($-98,500)28%
Size:1,835 sqft vs avg 1,574 sqft70%
Price/sqft:$425 vs avg $57410%

More Insights

Built in 1998 (28 years old).
Condition: The property was built in 1998, making it 26 years old. While the exterior appears well-maintained from the single provided image, there are no interior photos to assess the condition of the kitchen, bathrooms, flooring, or appliances. The listing description does not mention any recent major renovations. Furthermore, the property analysis explicitly notes a 'Potential for System Updates,' indicating that key systems may be nearing the end of their expected lifespan. This suggests the home is functional but likely shows signs of being outdated and may require minor updates or repairs to meet current standards.
Year Built
1998
Close
-
List price
$779K
Original List price
$779K
Price/Sqft
$425
HOA
$250
Days on market
-
Sold On
-
MLS number
SB25277629
Home ConditionFair
Features
View-

About this home

Beautiful 3 bed 2.5 bath house in the desirable "Parkside Terrace" gated community. Approx 1835 sf of living area with 2 car garage, private own back yard. High ceiling with cozy fire place in the living room. Community Pool & Jacuzzi and club house. Individual laundry room with cabinet. Just short walk to the community park and recreation center. low HOA dues. Prime location near parks, shopping, dining, and freeway access, this home is a rare opportunity in one of Harbor City’s most sought-after neighborhoods.

E
Esther Kim
Listing Agent

Nearby schools

5/10
President Avenue Elementary School
Public,K-60.3mi
6/10
Alexander Fleming Middle School
Public,6-80.8mi
5/10
Nathaniel Narbonne Senior High School
Public,9-120.5mi

Price History

Date
Event
Price
10/23/98
Sold
$240,000
12/10/12
Sold
$350,000
10/31/03
Sold
$425,000
Condition Rating
Fair

The property was built in 1998, making it 26 years old. While the exterior appears well-maintained from the single provided image, there are no interior photos to assess the condition of the kitchen, bathrooms, flooring, or appliances. The listing description does not mention any recent major renovations. Furthermore, the property analysis explicitly notes a 'Potential for System Updates,' indicating that key systems may be nearing the end of their expected lifespan. This suggests the home is functional but likely shows signs of being outdated and may require minor updates or repairs to meet current standards.
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 = 198377, living area = 1835.
Gated Community & Amenities: Desirable 'Parkside Terrace' gated community offering exclusive access to a community pool, jacuzzi, and clubhouse, enhancing lifestyle and security.
Prime Location & Accessibility: Strategically located near parks, shopping, dining, and freeway access, with a short walk to a community park and recreation center, ensuring convenience and connectivity.
Modern & Functional Design: Built in 1998, the home features high ceilings, a cozy fireplace, a private backyard, a 2-car garage, and an individual laundry room, providing comfort and practicality.
Favorable HOA Structure: Benefits from low HOA dues ($250/month), especially considering the extensive community amenities provided, offering value without excessive recurring costs.
Family-Friendly Layout: A well-proportioned 3-bedroom, 2.5-bathroom layout across 1835 sqft, ideal for families seeking comfortable living space.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =198377, other record lot size in square feet = 198323.
Absence of Premium Views: The property does not offer any premium views, which might be a consideration for buyers prioritizing scenic outlooks.
Average School Ratings: Nearby schools (Elementary, Middle, High) have average ratings (5-6), which may not appeal to buyers specifically seeking top-tier educational institutions.
Potential for System Updates: Built in 1998, key systems such as HVAC, water heater, or roofing may be original or nearing the end of their expected lifespan, potentially requiring future maintenance or replacement costs.
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