Property Detail

2905 Magnolia

Long Beach CA 90806

$1,039,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of TRAVIS JACKSON of WERE Real Estate Inc. Last updated 2026-06-29 08:11:37.000000. Listing information © 2025 CRMLS.

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