1238 Magnolia Avenue, Long Beach, CA 90813
Los Angeles County
Key Facts
Description
Make a smart move with this turnkey Duplex in the up-and-coming Wilmore district of Long Beach. Live in one unit and rent out the other to cut your mortgage payment in half and reap the benefits of becoming a new landlord or add an impressive R-4 property to your existing portfolio. Each unit comes with a two-car garage, as well as a tandem parking space off the alley. There are numerous upgrades, including a new roof, complete exterior stucco, dual-pane windows, keyless entry doors, two water heaters, fresh landscaping with a 6-foot white vinyl fence, exterior and interior painting, and three TCL brand mini-split systems per unit. Inside, you’ll enjoy vaulted ceilings, SPC oak floors by Republic, baseboards, modern chandeliers, and wall sconces. The back unit features high-end stainless-steel appliances and includes a washer and dryer, as well as a wall-mounted television. The kitchens boast Knotty Alderwood cabinetry, high-end Acacia butcher block counters, a 3D tile backsplash, a stainless-steel sink, dishwasher, microwave, and recessed lighting. Finally, the bathroom is outfitted with beautiful veinous Carrera marble and a floating vanity featuring an LED mirror with a built-in defogger. It makes sense to buy two completely renovated units, with the potential to add more, rather than being stuck with just one, as a home should always be considered an investment that holds the key to your future.
Property Information
Property Type
Residential
Sub-Type
Duplex
Structure Type
Duplex
Year Built
2003
Stories
1
Living Area
1,296 sq ft
Lot Size
0.10 acres
Garage Spaces
4
Parking Spaces
4
Zoning
LBR4N
Days on Market
295
MLS® Listing#
DW25177849
Property Features
Appliances
Cooling
Heating
Fireplace
Pool
Laundry
Lot Features
Foundation
Security
Community
Sewer
Water Source
Rooms
- Bathroom
- Living Room
Schools
- Elementary:
- Edison
- Middle:
- Washington
- High:
- Cabrillo
Financial Details
HOA
None
Parcel Number
7272002013
Directions
South of Anaheim Street & East side of Magnolia Avenue.
Affordability Calculator
$172,000
Estimated monthly payment
$4,577/mo
Principal $688,000 · Est. interest $959,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Beach, CA
- $1,000,000
- Median Listing Price
- 55
- Median Days on Market
- 1,892
- Median Sq Ft
- $791
- Median Price / Sq Ft
- 2,500
- Active Listings
- This home’s price is 14% below the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Beach, CA.
Location
Points of Interest in Long Beach, CA
Showing the Long Beach area map.
Nearby Schools
Long Beach Wilson High School
Secondary · 0.1 mi away
Artesian Well Christian Academy
School · 0.2 mi away
First Baptist Church
School · 0.4 mi away
Educational Partnership High School
Secondary · 0.5 mi away
Edison Elementary School
Elementary · 0.5 mi away
Poly Academy Achievers & Leaders
Secondary · 0.6 mi away
Elm Head Start
School · 0.6 mi away
Jenny Oropeza Elementary School
Elementary · 0.6 mi away
A Street Early Head Start
School · 0.6 mi away
The New City School
Elementary · 0.6 mi away
Montessori on Elm
Elementary · 0.6 mi away
Roosevelt Elementary School
Elementary · 0.7 mi away
Cesar Chavez Elementary School
Elementary · 0.9 mi away
Polytechnic High School
Secondary School · 0.9 mi away
Stevenson Elementary School
Elementary · 1.0 mi away
Clear Passage Educational Center
Secondary · 1.0 mi away
Learn4life
Secondary · 1.0 mi away
St. Anthony High School
Secondary · 1.0 mi away
Long Beach Unified School District Charter Schools
Secondary · 1.0 mi away
Seaside Academy
School · 1.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3595 Santa Fe Avenue 162, Long Beach, CA | $620,000 | 3 | 2 | 1,462 |
| 260 Mayflower, Newport Beach, CA | $625,000 | 3 | 2 | 1,125 |
| 12200 Montecito Road L208, Seal Beach, CA | $628,000 | 3 | 2 | 1,234 |
| 1637 Longbranch, Grover Beach, CA | $629,000 | 3 | 3 | 1,499 |
| 3595 Santa Fe 26, Long Beach, CA | $634,999 | 3 | 2 | 1,640 |
| 1211 E Leigh Court, Long Beach, CA | $635,000 | 3 | 2 | 2,000 |
Moving Cost Estimate
EXIT Agents in Long Beach
Listing Courtesy: Foundation Realty - 562-234-4169
Presented by: Marco Estrada
01902878
Licensed in the state of California.