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ResidentialIncome — 2905 Magnolia, Long Beach, CA

$1,039,000

2905 Magnolia, Long Beach, CA

$1,039,000 — 2905 Magnolia, Long Beach, CA — photo 1 $1,039,000 — 2905 Magnolia, Long Beach, CA — photo 2 $1,039,000 — 2905 Magnolia, Long Beach, CA — photo 3 $1,039,000 — 2905 Magnolia, Long Beach, CA — photo 4 $1,039,000 — 2905 Magnolia, Long Beach, CA — photo 5
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About this property

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 renting the other, 2905 Magnolia delivers a unique combination of lifestyle, flexibility, and future value that is hard to find in Long Beach.

Property details

Year built
1948
Property type
ResidentialIncome

Location

2905 Magnolia • Long Beach, CA 90806

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Listed by

TRAVIS JACKSON · WERE Real Estate Inc

Listing courtesy of WERE Real Estate Inc. Information deemed reliable but not guaranteed.

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