Duplex · 2 recorded sales since 2026
Listing Agent: TRAVIS JACKSON (DRE #01992004) · Listing Office: WERE Real Estate Inc · Contact: 3106060918 · Bought with: Rosanna Caguioa · Pointe Mark Realty · MLS #PW26138663 · Source: CRMLS
2905 Magnolia sold for $100,000 in August 2026, 90% under its $1,039,000 list price, after 7 days on the market. Across 76 closed sales in 90806 over the last 12 months, the median sold price is $844,000 and the median is $589 per square foot.
| Quarter | Closed sales in 90806 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $832,500 |
| Q2 2026 | 33 | $850,000 |
| Q3 2026 | 34 | $840,000 |
| Q4 2026 | 5 | $830,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90806
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.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90806, nearest first, last 12 months. All recent sales in Long Beach →