1238 Magnolia Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $5,384/month
Highlights
- No Units Above
- Lawn
- Two cooling system units
- Property is near a park
- No HOA
- 5-minute walk to 14th Street Park
About This Home
Make a smart move with this snazzy, 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.
Listing Agent
Foundation Realty Brokerage Phone: 562-234-4169 License #01902878 Listed on: 09/06/2025
Open House Schedule
-
Sunday, December 14, 202511:00 am to 2:00 pm12/14/2025 11:00:00 AM +00:0012/14/2025 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003 | Remodeled
Lot Details
- 4,303 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Lawn
Parking
- 4 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
- Permanent Foundation
Interior Spaces
- 1,296 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Upgraded Bathroom
- 2 Full Bathrooms
- Makeup or Vanity Space
- Multiple Shower Heads
- Walk-in Shower
- Humidity Controlled
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- Property is near a park
- Property is near public transit
- Urban Location
Schools
- Edison Elementary School
- Washington Middle School
- Cabrillo High School
Utilities
- Two cooling system units
- Ductless Heating Or Cooling System
- High Efficiency Air Conditioning
- Combination Of Heating Systems
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 2569
- Assessor Parcel Number 7272002013
- $455 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $860,000 | -0.6% | $664 / Sq Ft | |
| 11/03/2025 11/03/25 | Price Changed | $865,000 | -0.6% | $667 / Sq Ft | |
| 10/26/2025 10/26/25 | Price Changed | $869,800 | -0.6% | $671 / Sq Ft | |
| 09/06/2025 09/06/25 | For Sale | $875,000 | +62.0% | $675 / Sq Ft | |
| 04/24/2024 04/24/24 | Sold | $540,000 | -9.8% | $417 / Sq Ft | View Prior Sale |
| 03/11/2024 03/11/24 | Pending | -- | -- | -- | |
| 02/12/2024 02/12/24 | Price Changed | $599,000 | 0.0% | $462 / Sq Ft | |
| 02/12/2024 02/12/24 | For Sale | $599,000 | -3.2% | $462 / Sq Ft | |
| 02/04/2024 02/04/24 | Pending | -- | -- | -- | |
| 02/02/2024 02/02/24 | For Sale | $619,000 | +14.6% | $478 / Sq Ft | |
| 02/01/2024 02/01/24 | Off Market | $540,000 | -- | -- | |
| 02/01/2024 02/01/24 | For Sale | $619,000 | +14.6% | $478 / Sq Ft | |
| 01/16/2024 01/16/24 | Off Market | $540,000 | -- | -- | |
| 01/10/2024 01/10/24 | For Sale | $619,000 | +14.6% | $478 / Sq Ft | |
| 12/20/2023 12/20/23 | Off Market | $540,000 | -- | -- | |
| 11/02/2023 11/02/23 | For Sale | $619,000 | -- | $478 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25177849
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