Los Angeles County  »  1240 Magnolia Ave

1240 Magnolia Avenue, Monrovia, CA 91016 - Property report

Also known as: 1238 S Magnolia Ave

Property image for 1240 Magnolia Avenue, Monrovia, CA 91016
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Property type

Five or More Apartments or Units - 4 Stories or Less (0500)

Acreage

0.37

General Information

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Address
Primary address
1240 Magnolia Ave
Monrovia, CA 91016
Alternate address(es)
1238 S Magnolia Ave
1248 1/2 S Magnolia Ave
1248 S Magnolia Ave
Zip code
91016
Neighborhood
Pico - Union
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 1240 Magnolia Avenue, Monrovia, CA 91016. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less
Stories
4 or less
Last altered
Tax
Tax year
2025-2026
Property tax
$82,937
Zoning & use
Zoning
Multiple Dwelling (R3)
Lot
Acreage
0.37

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
74 /100.  Excellent Transit
Bike score
79 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No
Ownership

Ownership information for 1240 Magnolia Avenue, Monrovia, CA

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

Sales history for 1240 Magnolia Avenue, Monrovia, CA 91016

No recently recorded sales for this property.

More about Los Angeles County property records.

Title documents

No recently recorded documents for this property.

Tax

Property taxes for 1240 Magnolia Avenue, Monrovia, CA

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

Current property tax
Tax year
2025-2026
Base tax
$82,937
Current property tax
$83,529
Recent tax assessments
Market value
$6,984,733
Land value
$2,345,773
Building value
$4,638,960

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 $6,984,733 1.1874 $82,937 +200.60%
2024-2025 $2,299,778 1.1997 $27,590 +2.03%
2023-2024 $2,254,685 1.1994 $27,043 n/a

Special assessments & penalties for 1240 Magnolia Avenue, Monrovia, CA

Code Description Tax levied
03071 Los Angeles County Flood Control
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe, Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 1240 Magnolia Avenue, Monrovia, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
06/29/2026
06/12/2026
09/25/2025
08/14/2025
06/05/2025

*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.

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1240 Magnolia Avenue, Monrovia, CA 91016 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Leo Politi Elementary School 2 Public K-5 572 0.24
Magnolia Avenue Elementary School 4 Public K-5 550 0.32
Equitas Academy Charter School 7 Charter K-4 453 0.49
Equitas Academy 6 NR Charter K-4 124 0.54
Equitas Academy #3 6 Charter K-4 473 0.58
Equitas Academy 5 5 Charter K-4 175 0.58
Korean Baptist Church School NR Private K 0 0.58
Hoover Street Elementary School 9 Public K-5 591 0.60
Equitas Academy Charter #2 4 Charter 5-8 388 0.71
Tenth Street Elementary School 3 Public 1-5 362 0.74
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Monsenor Oscar Romero Charter Middle School 4 Charter 6-8 277 0.48
Berendo Middle School 3 Public 6-8 623 0.50
Equitas Academy Charter #2 4 Charter 5-8 388 0.71
Saint Thomas The Apostle NR Private K-8 301 0.76
Los Angeles Christian School NR Private K-8 0 0.79
Los Angeles Christian School NR Private K-8 113 0.79
Camino Nuevo Jose Castellanos 7 Charter K-8 735 0.80
Equitas Academy 4 5 Charter 5-8 390 0.80
Alliance Gertz-Ressler Richard Merkin 6-12 Complex 7 Charter 6-12 998 0.81
Sophia T. Salvin Special Education Center NR Public K-10 59 0.82
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
University Preparatory Value High 6 Charter 9-12 485 0.31
Loyola High School Of Los Angeles NR Private 9-12 1,242 0.60
West Adams Preparatory High School 3 Public 9-12 1,080 0.65
Alliance Gertz-Ressler Richard Merkin 6-12 Complex 7 Charter 6-12 998 0.81
Sophia T. Salvin Special Education Center NR Public K-10 59 0.82
Rfk Community Schools-New Open World Academy K-12 4 Public K-12 968 0.97
Harold McAlister High (Opportunity) School 2 Public 6-12 88 0.97
Bishop Conaty - Our Lady Of Loretto NR Private 9-12 339 0.99
UCLA Community School 5 Public K-12 941 1.01
Rise Kohyang High 8 Charter 9-12 473 1.03

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 Magnolia Avenue, Monrovia, CA

2980 Wilshire Blvd, Los Angeles 930 S Park View St, Los Angeles 1132 S Main St, Los Angeles 231 1/2 N Burlington Ave, Los Angeles 4380 W Adams Blvd, Los Angeles 4611 Crenshaw Blvd, Los Angeles 2525 S Sycamore Ave, Los Angeles 3563 Chesapeake Ave, Los Angeles 2652 W Pico Blvd, Los Angeles 2716 S Western Ave, Los Angeles 2516 Alsace Ave, Los Angeles 1017 S Mariposa Ave, Los Angeles 734 S Manhattan Pl, Los Angeles 231 N Burlington Ave, Los Angeles 233 N Burlington Ave, Los Angeles 2531 S Sycamore Ave, Los Angeles 6046 Comey Ave, Los Angeles 229 1/2 N Burlington Ave, Los Angeles 5213 W Adams Blvd, Los Angeles

Nearby ZIP codes for 1240 Magnolia Avenue, Monrovia, CA

91008, Los Angeles County, CA 91010, Los Angeles County, CA 91024, Los Angeles County, CA 91104, Los Angeles County, CA 91107, Los Angeles County, CA 91108, Los Angeles County, CA 91722, Los Angeles County, CA 91723, Los Angeles County, CA 91731, Los Angeles County, CA 91732, Los Angeles County, CA 91733, Los Angeles County, CA 91746, Los Angeles County, CA 91770, Los Angeles County, CA 91775, Los Angeles County, CA 91780, Los Angeles County, CA

Frequently asked questions

What is the assessed value of 1240 Magnolia Avenue, Monrovia, CA 91016?

1240 Magnolia Avenue, Monrovia, CA 91016 is currently assessed at $6,984,733.

What are the property taxes for 1240 Magnolia Avenue, Monrovia, CA 91016?

The property taxes for 1240 Magnolia Avenue, Monrovia, CA 91016 total $82,936.

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