1238 Magnolia Ave Long Beach, CA 90813
Willmore NeighborhoodHighlights
- No Units Above
- Lawn
- Two cooling system units
- Property is near park and public transit
- No HOA
- 5-minute walk to 14th Street Park
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.
Listing Agent
Foundation Realty Brokerage Phone: 562-234-4169 License #01902878 Listed on: 09/06/2025
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 park and 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
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,568 | $550,800 | $346,800 | $204,000 |
| 2024 | $1,568 | $88,862 | $68,060 | $20,802 |
| 2023 | $1,539 | $87,121 | $66,726 | $20,395 |
| 2022 | $1,459 | $85,414 | $65,418 | $19,996 |
| 2021 | $1,420 | $83,740 | $64,136 | $19,604 |
| 2019 | $1,401 | $81,258 | $62,235 | $19,023 |
| 2018 | $1,270 | $79,665 | $61,015 | $18,650 |
| 2016 | $1,167 | $76,574 | $58,647 | $17,927 |
| 2015 | $1,127 | $75,425 | $57,767 | $17,658 |
| 2014 | $1,115 | $73,949 | $56,636 | $17,313 |
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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