2905 Magnolia, Long Beach 90806

$1,000,000

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3

Beds

3

Baths

6,530

Lot Size

2

# Of Units

About 2905 Magnolia

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.

Features of 2905 Magnolia

MLS® # PW26138663
Price $1,039,000
Sold Price $1,000,000
Bedrooms 3
Bathrooms 3.00
Lot Sqft 6,530
Acres 0.15
Year Built 1948
Type Residential Income
Sub-Type Duplex
Status Closed
# Of Units 2

Community Information

Address 2905 Magnolia
Area 5 - Wrigley Area
Subdivision Wrigley Area (WR)
City Long Beach
County Los Angeles
Zip Code 90806

Amenities

Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot

Additional Information

Date Listed June 25th, 2026
Date Sold August 27th, 2026
Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTravis Jackson
OfficeWERE Real Estate Inc

Listing Map

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