Los Angeles County  »  90006  »  Magnolia Ave  »  940 Magnolia Ave

940 Magnolia Avenue, Los Angeles, CA 90006 - Property report

Also known as: 940 Magnolia Ave

Property image for 940 Magnolia Avenue, Los Angeles, CA 90006
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Property type

Five or More Apartments or Units - 4 Stories or Less with Pool (0501)

Year built

1962

Acreage

0.376

Sale price

$5,050,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
940 Magnolia Ave
Los Angeles, CA 90006
Zip code
90006
Neighborhood
Westlake
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 940 Magnolia Avenue, Los Angeles, CA 90006. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less with Pool
Building sq. ft.
19,998
Buildings on lot
1
Stories
4 or less
Year built
1962
Last altered
1971
Sales
Sale date
01/21/2026
Sale price
$5,050,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$41,173
Zoning & use
Zoning
Qualified opportunity zone
Units
23
Lot
Acreage
0.376

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
80 /100.  Excellent Transit
Bike score
71 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for 940 Magnolia Avenue, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 940 Magnolia Avenue, Los Angeles, CA 90006

Sale date Sale price Buyer name Seller name
01/21/2026 $5,050,000 XXX XXXXXXXX XX XXX XXX XXXXXXXX XXX
06/29/2012 $2,650,000 XXX XXXXXXXX XXX XXX XXXXXX XXX XXXXXXX; XXX XXX XXXXXXXXX XXXXXX XXXXX; XXX XXXX XXX XXXXXXX
11/01/2001 $1,130,011 XXXXXX XXXXX XX, XXXXX X

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
01/21/2026 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXX XXXXXXXX XX XXX XXXXXXXX XXXXX XXXX
01/21/2026 Grant Deed XXX XXXXXXXX XXX XXX XXXXXXXX XX XXX
06/29/2012 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXX XXXXXX XXX XXXXXXX XXX XXXXXXXX XXX
06/30/2008 Assignment XXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXXXX
06/30/2008 Assignment Trust Deed XXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX XXX XXXXXX
05/27/2008 Assignment Trust Deed XXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX
05/27/2008 Assignment Trust Deed XXXXX XXXXXXXXXX XXXX XXXXXXXXX XXXXXXXXX XXXXXXXXXXX XXX
12/18/2007 Assignment of Rents XXX XXXXXX XXX XXXXXXX XXXXX XXXXXXXXXX XXXX
12/18/2007 Assignment of Rents
Financing Statement
Trust Deed		 XXX XXXXXX XXX XXXXX XXXXXXXXXX XXXX
11/30/2004 Deed
(File correction - Single parcel sale)		 XXX XXXXXX XXX XXX XXXXXX XXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 940 Magnolia Avenue, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$41,173
Current property tax
$44,243
Recent tax assessments
Market value
$3,467,513
Land value
$1,698,837
Building value
$1,764,176

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $3,399,612 1.1874 $40,367 +0.95%
2024-2025 $3,333,042 1.1997 $39,987 +2.02%
2023-2024 $3,267,777 1.1994 $39,194 +4.96%
2022-2023 $3,203,792 1.1655 $37,340 +1.15%
2021-2022 $3,141,062 1.1752 $36,914 -1.06%
2020-2021 $3,108,902 1.200129 $37,311 +6.32%
2019-2020 $2,988,356 1.174279 $35,092 +0.14%
2018-2019 $2,929,850 1.196 $35,042 +2.25%
2017-2018 $2,872,491 1.193 $34,270 +2.10%
2016-2017 $2,816,256 1.1918 $33,566 +1.51%

Special assessments & penalties for 940 Magnolia Avenue, Los Angeles, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 940 Magnolia Avenue, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
02/03/2025
08/06/2024
04/09/2024
04/08/2024
03/27/2024

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
55,527
Median age
36.8
Average household income
$69,243
Family households
60.8%
People per household (average)
2.74
Occupied housing units
19,709
Owner-occupied units
9.7%
Median year structure built
1955
Median value mortgaged units
$904,600
Median value unmortgaged units
$899,100

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 940 Magnolia Avenue, Los Angeles, CA 90006 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 940 Magnolia Avenue, Los Angeles, CA

975 S Hoover St, Los Angeles 2545 W Olympic Blvd, Los Angeles 963 S Hoover St, Los Angeles 943 Arapahoe St, Los Angeles 980 Magnolia Ave, Los Angeles 986 Arapahoe St, Los Angeles 962 Magnolia Ave, Los Angeles 952 Magnolia Ave, Los Angeles 981 S Hoover St, Los Angeles 970 Magnolia Ave, Los Angeles 971 Arapahoe St, Los Angeles 2515 W Olympic Blvd, Los Angeles 967 Arapahoe St, Los Angeles 933 S Hoover St, Los Angeles 961 Arapahoe St, Los Angeles 957 Arapahoe St, Los Angeles 957 S Hoover St, Los Angeles 971 S Hoover St, Los Angeles 958 Magnolia Ave, Los Angeles 977 Arapahoe St, Los Angeles

Nearby ZIP codes for 940 Magnolia Avenue, Los Angeles, CA

90004, Los Angeles County, CA 90005, Los Angeles County, CA 90007, Los Angeles County, CA 90010, Los Angeles County, CA 90011, Los Angeles County, CA 90013, Los Angeles County, CA 90014, Los Angeles County, CA 90015, Los Angeles County, CA 90018, Los Angeles County, CA 90019, Los Angeles County, CA 90020, Los Angeles County, CA 90026, Los Angeles County, CA 90029, Los Angeles County, CA 90037, Los Angeles County, CA 90057, Los Angeles County, CA 90062, Los Angeles County, CA 90071, Los Angeles County, CA 90079, Los Angeles County, CA 90089, Los Angeles County, CA

Frequently asked questions

What is the year built for 940 Magnolia Avenue, Los Angeles, CA 90006?

The development at 940 Magnolia Avenue, Los Angeles, CA 90006 was built in 1962.

What is the total square footage of 940 Magnolia Avenue, Los Angeles, CA 90006?

940 Magnolia Avenue, Los Angeles, CA 90006 has a total of 19,998 square feet.

When was 940 Magnolia Avenue, Los Angeles, CA 90006 last sold and what was the sale price?

940 Magnolia Avenue, Los Angeles, CA 90006 was last sold on 01/21/2026 for $5,050,000.

What is the assessed value of 940 Magnolia Avenue, Los Angeles, CA 90006?

940 Magnolia Avenue, Los Angeles, CA 90006 is currently assessed at $3,467,513.

What are the property taxes for 940 Magnolia Avenue, Los Angeles, CA 90006?

The property taxes for 940 Magnolia Avenue, Los Angeles, CA 90006 total $41,173.

How many residential units does this building have?

This building has 23 residential unit(s).

Disclaimer

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