2905 Magnolia
Long Beach, CA 90806
3
Bed
3
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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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1948 Building Area Total: 2,393 -
Pool Features
NoneLaundry Features
Laundry Closet,In Garage
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1499 -
Lot Size Source: Assessor Lot Size Square Feet: 6530
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Listing Price Information
Original List Price: 1,039,000 Listing Contract Date: 2026-06-25 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7201001024
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Rental Info
Lease Term: Negotiable Tenant Pays: None
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Other Property Info
Source Listing Status: Active Source Neighborhood: 5 - Wrigley Area Directions: South on Magnolia from Spring Source Property Type: Residential Income Area: 5 - Wrigley Area Property SubType: Duplex -
Building and Construction
Property Age: 78 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1876 Myrtle, Long Beach, CA, 90806 | $829,000 | 1 | 1 | 2,400 | 2,400 SqFt |
| 410 E 21st Street, Long Beach, CA, 90806 | $840,000 | 4 | 4 | 1,931 | 1,931 SqFt |
| 410 E 21st Street, Long Beach, CA, 90806 | $840,000 | 4 | 2 | 1,931 | 1,931 SqFt |
| 223 E Eagle, Long Beach, CA, 90806 | $865,000 | 3 | 3 | 1,567 | 1,567 SqFt |
| 2000 Pacific, Long Beach, CA, 90806 | $950,000 | 5 | 2 | 1,377 | 1,377 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/29/2026 @ 06:20
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