20 days on rocket

Sale Pending

513 Magnolia St, South Pasadena, CA, 91030

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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513 Magnolia St, South Pasadena$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDoor-Multi, Driveway, Garage
Garage2 spaces
Year Built1925
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNone
MLS #P1-17567
Lot Size0.18 Acres
StatusSale Pending
(Pending)

About 513 Magnolia St

Located in a prime South Pasadena neighborhood, this classic American Colonial triplex built in 1925, was originally believed to be a single family home that was divided into two separate units around WWII. The northern unit first level features a lovely living room with period fireplace, eat-in kitchen and large private patio. Stairs lead to a second level with bedroom, bath and storage. The southern unit is also two stories, with 2 bedrooms and 2 bathrooms, as well as a living room with built-ins, kitchen, breakfast nook and laundry room. Both units are vacant. An additional detached structure features the studio unit with efficiency kitchen and bathroom. This unit is tenant occupied. Unique west-facing orientation provides additional privacy, mature landscaping - including a stately oak and multiple proprietary and common outdoor spaces for entertaining. 2-car garage and drive. Generational ownership provides pride of ownership, with the opportunity to make desired upgrades. Buyers sole responsibility to investigate any potential expansion opportunities.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1925
  • Stories: 2

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (626) 205-4040
  • Listing Agent: George Penner

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Flooring Type: Tile, Wood

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • South Pasadena Senior High School, Public District Grades 9-12
  • South Pasadena Middle School, Public District Grades 6-8
  • Arroyo Vista Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Please use navigation.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $1,891
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in South Pasadena, CA.

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South Pasadena, CA

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$865

Avg. Days On Market

11

# of Sold Homes

7

513 Magnolia St vs South Pasadena

20 DAYS ON ROCKET

+9 Days

$1,500,000

-$168K Less

KEY TAKEAWAY

This property is $168K less than the Median Sold Price in South Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-17567

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (626) 205-4040
  • Listing Agent: George Penner

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 3:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,891$84,651
2020$1,830$83,784
2019$1,763$82,142
2018$1,734$80,532
2017$1,734$78,954

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4143746
8
/10

  • Arroyo Vista Elementary School

  • 335 El Centro St

  • 0.28 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4143747
9
/10

  • South Pasadena Middle School

  • 1500 Fair Oaks Ave

  • 1.01 miles

  • Public District Grades 6-8

High School

school-card-donut-4143748
10
/10

  • South Pasadena Senior High School

  • 1401 Fremont Ave

  • 0.76 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,509. Typical income of South Pasadena, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›South Pasadena›91030›513 Magnolia St

This home is located at 513 Magnolia St in South Pasadena, CA and zip code 91030 in the The San Gabriel Valley neighborhood. This home, which was built in 1925, sits on a 0.18 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $1,500,000.

In April 2024 more than 3 listings in South Pasadena, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. In April 2024 in South Pasadena, CA there were 25% more homes for sale than in March 2024. While the average time on the market in April 2024 was 11 days, the median list price was $1,668,000.

From Rocket Homes Real Estate and based on county public records data.

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