2905 Magnolia, Long Beach, CA

$1,039,000

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3

Beds

3

Baths

0.15

Acres

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
Bedrooms 3
Bathrooms 3.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 2905 Magnolia
Area LONG BEACH (90806)
City Long Beach
County Los Angeles
State CA
Zip Code 90806

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Corner Lot,Curbs

Additional Information

Date Listed June 25th, 2026
Days on Market 7
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWERE Real Estate Inc

Listing Map

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