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2905 Magnolia , Long Beach, CA 90806
$1,039,000
Est. Payment: $5,228.08/mo
3 Bed
3 Bath
0 Sqft
Status: pending | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Chris Heller
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House 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.
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Highlights

Listed by TRAVIS JACKSON , 310-606-0918 WERE Real Estate Inc , 626-541-9266. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

County

Los Angeles

 Neighborhood

Wrigley Area (WR)

Listing ID

PW26138663

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$5,228
Taxes
$662

Home Price

$1,039,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$207,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,228.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,228.08 $662.36 $0.00 $5,890.45
Yearly $62,737.00 $7,948.35 $0.00 $70,685.35
Total $1,882,110.15 $238,450.50 $0.00 $2,120,560.65

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T20:21:00.000Z

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