1238 Magnolia Ave, Long Beach, CA, 90813
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
Very Walkable
Good Transit
Very BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,348 | $52,176 |
| Home Insurance * | $167 | $2,004 |
| Property Taxes | $962 | $11,544 |
| Electricity | $398 | $4,786 |
| Total | $5,875 | $70,500 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-02 | Price change | $860,000 |
| 2025-11-03 | Price change | $865,000 |
| 2025-10-27 | Price change | $869,800 |
| 2025-09-06 | Listed for sale | $875,000 |
| 2024-04-24 | Sold | $540,000 |
| 2024-03-11 | Pending sale | $599,000 |
| 2024-02-12 | Price change | $599,000 |
| 2024-02-06 | Pending sale | $619,000 |
| 2024-02-05 | Contingent | $619,000 |
| 2024-02-02 | Listed for sale | $619,000 |
| 2001-08-24 | Sold | $17,500 |
View on Zillow