Mixed-use property report

7404 Drexel Rd

2,820 sqftCMX2built 1915

Property at a glanceApartment building

Magenta Holdings L P

2026 assessment
$253K OPA value, not a listing price
2027 published assessment
$243K Future roll, not the current tax bill
Neighborhood area
Overbrook · Overbrook Farms Approximate · based on ZIP 19151
From above · selected parcel outlined; choose a neighboring polygon to open it — imagery © Esri, Maxar

Assessment and City record timeline

The line tracks this property’s published City assessment. Markers show deeds, permits, inspections, licenses, violations, certifications, and appeals on their recorded dates. Select one to read the filing.

Assessments are tax-roll values, not sale prices or appraisals. OPA has published a 2027 assessment of $242,500. It is not yet the billed-year tax basis.

$0$250K$500K$243K2001200620112016202120262027
Property assessmentAssessmentLicense

Scroll horizontally to move through the years. Each icon sits on its recorded date; records without a day are labeled and centered within their year. Select one to explain the filing.

Every dated record8 events · exact dates, newest first
  1. LicenseECON FOODS: Food Preparing and Serving business license marked inactive
  2. LicenseALPHA BETA FOODS INC: Food Preparing and Serving (30+ SEATS) business license marked inactive
  3. LicenseECON FOODS: Dumpster License - Private Property L&I license filing initially issued
  4. LicenseMAGENTA HOLDINGS LP: Rental landlord or residential registration initially issued
  5. LicenseJAMES/EDWARD BENNETT (FOXGROVE PARTNERS): Rental landlord or residential registration marked inactive
  6. LicenseECON FOODS: Food Preparing and Serving business license initially issued
  7. LicenseJAMES/EDWARD BENNETT (FOXGROVE PARTNERS): Rental landlord or residential registration initially issued
  8. LicenseALPHA BETA FOODS INC: Food Preparing and Serving (30+ SEATS) business license initially issued

Verify the public record

$3,541/year estimated property tax

2026 taxable assessment $253,000 × 1.3998%. This is an estimate, not a bill or account balance. The City maintains payments, credits, interest, and the current amount due.

OPA has published a 2027 assessment of $242,500. It is not the 2026 billed-year value.

Current City balanceCheck Tax Center

Payments, credits, interest, and the current amount due are maintained by the City.

OPA 871546680
Open Philadelphia Tax Center →Use “View period balance” to inspect each tax year.
Exemption classificationNo exemption shown

2026 taxable assessment equals the full assessed value.

Historical delinquency sources No current conclusion

This parcel did not match the June 2022 delinquency snapshot. That absence does not confirm the account is current today.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

Property report

Mixed-use property

Apartment building, recorded in the City's mixed-use category. The public record and owner trail follow.

What it is
Apartment building Str/Off+Apt 3 Sty Masonry
Owner
Magenta Holdings L P
$ / sq ft
$86 assessed value ÷ interior sqft
Licensed units
2 active rental license
Interior area
2,820 sqft
Lot size
1,734 sqft
Built
1915
Zoning
CMX2

Recorded owner

Who's behind it

Magenta Holdings L P · corporate / LLC owner

• Owns 4 properties across Philadelphia under this name, assessed at $917K combined
• Tax bills mail to Po Box 460, Uwchland PA, 19480 — outside Philadelphia
• Holds an active rental license for this address

Block context

7400 block of Drexel Rd. Compare parcels, ownership, and public-record history.

See the whole block →

Next door: 7402 Drexel Rd  ·  7406 Drexel Rd

Business licenses at this address Latest pull

What L&I has registered at this OPA parcel, newest initial license date first.

Open the City record ↗
ECON FOODSInactive

Food Preparing and Serving · Initial issue date Aug 4, 2006 · Terminal license date Jun 29, 2016

ALPHA BETA FOODS INCInactive

Food Preparing and Serving (30+ SEATS) · Initial issue date May 21, 2001 · Terminal license date Dec 22, 2012

Landlord and residential filings

These are property registrations or landlord filings, not businesses operating at this address.

MAGENTA HOLDINGS LPActive

Rental · Initial issue date Dec 22, 2009 · Filed expiration Feb 28, 2027

JAMES/EDWARD BENNETT (FOXGROVE PARTNERS)Inactive

Rental · Initial issue date Jun 25, 2005 · Terminal license date Apr 20, 2009

A license is an L&I registration, not proof that a business is open, operating today, or located at this storefront. Dates are license dates. Events are deduped by parcel, business identity, and license type, so a renewal is not shown as another opening. Other permit and filing types remain in the full source ledger.

Open every source row 8 dated rows
  1. License terminal eventECON FOODS: Food Preparing and Serving business license marked inactive

    License 380127 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  2. License terminal eventALPHA BETA FOODS INC: Food Preparing and Serving (30+ SEATS) business license marked inactive

    License 209480 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  3. License issue eventECON FOODS: Dumpster License - Private Property L&I license filing initially issued

    License 534043 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  4. License issue eventMAGENTA HOLDINGS LP: Rental landlord or residential registration initially issued

    License 490348 · Active

    License event. Registration does not prove present operation or storefront occupancy.

  5. License terminal eventJAMES/EDWARD BENNETT (FOXGROVE PARTNERS): Rental landlord or residential registration marked inactive

    License 324112 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  6. License issue eventECON FOODS: Food Preparing and Serving business license initially issued

    License 380127 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  7. License issue eventJAMES/EDWARD BENNETT (FOXGROVE PARTNERS): Rental landlord or residential registration initially issued

    License 324112 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

  8. License issue eventALPHA BETA FOODS INC: Food Preparing and Serving (30+ SEATS) business license initially issued

    License 209480 · Inactive

    License event. Registration does not prove present operation or storefront occupancy.

Where this comes from

Methodology & freshness

This report was assembled Jul 23, 2026, 3:05 PM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. For this property: Permits: queried · Violations: queried · Investigations: queried · Appeals: queried · Licenses: queried · Building certifications: queried. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)