2905 Magnolia
Long Beach, CA 90806
0
Bed
0
Bath
2,393Sqft
6,530Sqft(Lot)
Welcome to 2905 Magnolia! A rare income producing opportunity in the heart of Wrigley. Currently configured as a spacious single family home, this versatile property can be easily converted back into a duplex, making it ideal for investors or owner occupants looking to offset their mortgage with rental income. The real value lies in the upside: city approved plans are already in place to create a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, offering exceptional flexibility and strong income potential. Situated on a large corner lot with RV parking, hookups, and extensive outdoor living space, the property is perfectly positioned for multigenerational living, house hacking, or long-term investment. Whether you're looking to maximize cash flow, build equity, or live in one unit while
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1948Building Area Total: 2393Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6530 Lot Size Acres: 0.1499 Lot Size Source: Assessor Lot Size Square Feet: 6,530 Lot Description: Corner LotProperty Information
Subdivision: Wrigley Area (WR) Source Property Type: Residential Income Property SubType: Duplex Property Age: 78
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Listing Price Information
Listing Price: $1039000Cash to New Loan
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Tax Information
Parcel Number: 7201001024 Tax Lot: 24
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Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: South on Magnolia from Spring WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1131 E 21st, Long Beach, CA, 90806 | $1,299,990 | 6 | 5 | 2,424 | 2,424 SqFt |
| 1065 E 19th, Long Beach, CA, 90806 | $1,025,000 | 4 | 4 | -- | |
| 1876 Myrtle, Long Beach, CA, 90806 | $759,000 | 1 | 1 | -- | |
| 2310 Elm, Long Beach, CA, 90806 | $1,100,000 | 5 | 3 | -- | |
| 2130 Elm, Long Beach, CA, 90806 | $1,497,777 | 7 | 7 | -- | |
| 410 E 21st Street, Long Beach, CA, 90806 | $840,000 | 4 | 4 | -- | |
| 410 E 21st Street, Long Beach, CA, 90806 | $840,000 | 4 | 4 | 1,931 | 1,931 SqFt |
| 223 E Eagle, Long Beach, CA, 90806 | $865,000 | 3 | 3 | 1,567 | 1,567 SqFt |
| 1914 Locust, Long Beach, CA, 90806 | $779,000 | 3 | 2 | -- | |
| 2441 Cedar Avenue, Long Beach, CA, 90806 | $1,100,000 | 5 | 4 | -- |
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ByOwner last updated this listing 08/18/2026 @ 19:06
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