$100,000
$1,039,000
90.4%For more information regarding the value of a property, please contact us for a free consultation.
6,529 Sqft Lot
SOLD DATE : 08/27/2026
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Wrigley Area (Wr)
MLS Listing ID PW26138663
Sold Date 08/27/26
HOA Y/N No
Year Built 1948
Lot Size 6,529 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Fireplace No
Laundry Laundry Closet, In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7201001024
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing FHA
Special Listing Condition Standard
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Bought with Rosanna Caguioa Pointe Mark Realty
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