1950 Magnolia Avenue
Long Beach, CA 90806
6
Bed
0
Bath
2,016Sqft
4,153Sqft(Lot)
The Best Priced Duplex in Long Beach. 2 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Located by the Wrigley Area a short drive from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. Excellent Owner User opportunity as well - live in one unit and offset your mortgage with the rent from the other. The property features two 3 bed/1 bath units with a private courtyard and a 3 car garage in the rear (separate structure). Both units are currently rented ($2900 and $3200). The remodeled unit is planning to vacate by the end of July meaning a new owner could potentially owner occupy the unit. The garages are rented for an additonal $300/month. One
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 2 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1929 Building Area Total: 2,016
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0953 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 4153
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Listing Price Information
Original List Price: 965,000 Listing Contract Date: 2026-03-17 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 7209032012
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 5 - Wrigley Area Postal Code Plus 4: 5304 Directions: Duplex located in the Wrigely Area of Long Beach. NOT subject to local rent control. Zoning: LBR2N Source Property Type: Residential Income Area: 5 - Wrigley Area -
Building and Construction
Property Age: 97 Year Built Source: Vendor Enhanced Total Square Feet Living: 2016 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 910 E 19th Street, Long Beach, CA, 90806 | $754,000 | 4 | 3 | 1,492 | 1,492 SqFt |
| 2337 Long Beach, Long Beach, CA, 90806 | $1,325,000 | -- | -- | 4,330 | 4,330 SqFt |
| 2320 Locust, Long Beach, CA, 90806 | $499,000 | 2 | 1 | 680 | 680 SqFt |
| 201 E Eagle Street, Long Beach, CA, 90806 | $879,000 | 5 | -- | 1,914 | 1,914 SqFt |
| 2430 San Francisco Avenue, Long Beach, CA, 90806 | $819,000 | 3 | 2 | 1,450 | 1,450 SqFt |
| 1860 San Francisco Aven.., Long Beach, CA, 90806 | $550,000 | 3 | 3 | 1,508 | 1,508 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 06:39
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