$ 1,039,000
-
$1,039,000
Price -
3
Bed -
3
Bath -
2,393
SqFt
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About the Listing PB19078 - PWJACTRA
Welcome to 2905 Magnolia! A rare income producing opportunity in the heart of Wrigley. Currently configured as a spacious single family home, this versatile property can be easily converted back into a duplex, making it ideal for investors or owner occupants looking to offset their mortgage with rental income. The real value lies in the upside: city approved plans are already in place to create a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, offering exceptional flexibility and strong income potential. Situated on a large corner lot with RV parking, hookups, and extensive outdoor living space, the property is perfectly positioned for multigenerational living, house hacking, or long-term investment. Whether you're looking to maximize cash flow, build equity, or live in one unit while renting the other, 2905 Magnolia delivers a unique combination of lifestyle, flexibility, and future value that is hard to find in Long Beach.
Listing Highlights
Status
Pending
Days on Site
10
Property Type
Multi-Family
MLS ®
PW26138663
Year Built
1948
Total Square Footage
2,393
Lot/Acreage
0.15
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7201001024
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2905 Magnolia Long Beach, CA 90806
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