Technical
Financial
Distress signals
Property profile

1029 Magnolia Ave Gardena, CA 90247

OFF-MARKET
Apartment buildings
Property ID
US09-7751216
17,456 SF 0.66 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1973
Construction WOOD
Total area 17,456 SF
Lot 0.66 ac (28,719 SF)
Zoning code GAR3
APN 6113-035-031
UPID US09-7751216

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

1029 Magnolia Ave Gardena, CA 90247-4155
Gardena metro Census 603101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.96M
CAP Approach CAP
$4.32M
Comparable Approach Comparable
$3.16M
Blend (final) Blend
$4.99M

Owner & transaction history

since 2025
Last sale
$5.2M
7 recorded transactions
2025
$5.2M
2021
Price N/A
2016
Price N/A
1994
Price N/A
1993
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GAR3 · Gardena, CA
Top alternative use upside
Medical building $7.9M +89.6%
Office building $5.6M +33.4%
Commercial (general) $5.6M +33.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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