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1238 Magnolia Ave, Long Beach, CA, 90813

4beds
2baths
1,296sqft
$860,000
$664price/sqft
$5,875/moest. monthly cost
$235,000/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
68
TransitGood Transit
85
BikeVery Bikeable

Schools

3/10
Edison Elementary SchoolGrades K-50.5 mi
4/10
Washington Middle SchoolGrades 6-80.3 mi
3/10
Cabrillo High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 2003

Materials

  • Foundation: Permanent

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Inside,Laundry Closet,Stacked

Bathroom

  • Features: Humidity Controlled,Multiple Shower Heads,Upgraded,Vanity,Walk-In Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Features

  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall,No One Above

Heating & Cooling

  • Heating features: Combination,Ductless,Electric
  • Cooling features: Ductless,Dual,High Efficiency

Interior Area

  • Total interior livable area: 1,296 sqft

Property

Details

  • Parcel number: 7272002013
  • Attached to another structure: Yes
  • Zoning: LBR4N
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 4,303 sqft
  • Features: Lawn,Near Park,Near Public Transit

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4