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2840 Magnolia Ave, Long Beach, CA, 90806

3beds
2baths
1,398sqft
$980,000
$701price/sqft
$6,599/moest. monthly cost
$263,960/yrincome needed

About This Home

Welcome to this beautiful traditional home, where classic 1940s character meets thoughtful modern updates. A lovely front porch sets the tone as you arrive, leading into a light-filled interior with glossy luxury vinyl flooring and a cozy fireplace anchoring the living space. The remodeled kitchen is a true showstopper, featuring custom wood cabinetry, shiny granite counters and matching backsplash, top-of-the-line Viking appliances,, and an open flow into the dining room - perfect for everyday living and entertaining alike. The bathrooms have been equally well cared for, including a gorgeous new bathroom with a frameless shower, stone finishes, and a floating vanity. Step outside to an amazing, spacious backyard built for enjoying California living: a large covered patio, an open grassy area, redwood raised garden beds, and a firepit with a propane gas line for effortless evenings outdoors. This home comes with major upgrades already done for you: a new roof, new a/c condenser, an EV charger, and updated plumbing (copper vertical lines, PEX horizontal) - giving you peace of mind for years to come. Plenty of room to add an ADU. Living in this Wrigley neighborhood means being part of a community famous for the Daisy Avenue Christmas Tree Lane Parade. Near the Wrigley Greenbelt, LA River bike path, a metro station, and the 405 and 710 freeways. This one won't last!

Getting Around

77
WalkingVery Walkable
57
TransitGood Transit
76
BikeVery Bikeable

Schools

6/10
Birney Elementary SchoolGrades K-50.2 mi
4/10
Washington Middle SchoolGrades 6-81.7 mi
7/10
Polytechnic High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 1940

Materials

  • Foundation: Raised
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Disposal,Microwave,Refrigerator,Tankless Water Heater
  • Laundry features: Washer Hookup,Gas Dryer Hookup,Inside

Bathroom

  • Features: Remodeled

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Separate/Formal Dining Room,Granite Counters,All Bedrooms Down,Main Level Primary
  • Flooring: Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,398 sqft

Kitchen

  • Features: Granite Counters,Remodeled,Updated Kitchen

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 7206015007
  • Zoning: LBR1N
  • Special condition: Standard

Features

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

Lot

  • Lot size: 6,503 sqft
  • Features: 0-1 Unit/Acre,Front Yard,Near Public Transit

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

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
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $4,955$59,460
Home Insurance *$140$1,680
Property Taxes $1,106$13,272
Electricity $398$4,786
Total$6,599$79,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$226,251/yr
40% on housing$197,970/yr
45% on housing$175,973/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$701This listing

vs Other Active Listings

Avg $/sqft

ZIP 90806$440
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90806$600
Los Angeles County$610

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

DateEventPrice
2026-08-11Price change$949,000
2026-07-16Listed for sale$980,000
2017-12-21Sold$560,000
2017-11-24Pending sale$574,900
2017-08-17Listed for sale$574,900
2017-08-05Pending sale$574,900
2017-07-31Listed for sale$574,900
2005-11-01Sold$549,000
2002-01-29Sold$241,500
2001-10-15Sold$167,500
1997-11-26Sold$146,500
1997-09-23Sold$124,088

For Sale by Agent

AgentKaren Miller
BrokerageFirst Team Real Estate

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