Great income producing opportunity! Here is your chance to live in one unit and rent the other out to help pay your mortgage! This great duplex in Long Beach consists of one upper and lower unit, each featuring 2 bedrooms, 1 full bathroom, light and bright living room, separate dining area, flowing into a fully-equipped kitchen. There is plenty of storage space to be found too. To top it all off, each unit enjoys its own single car garage. A large yard provides outdoor enjoyment with a shared laundry room for the two units. Ideally located only minutes from the freeway for easy commuting and blocks from an abundance of shopping, dining and entertainment venues, 2 miles from the Metro station and only 10 minutes away from downtown Long Beach, the convention center, the courthouse, Shoreline Village, the beach and the Pike. What are you waiting for?! Don’t let this opportunity pass you by!
Sold for $848,500
Listed by: Redfin Corporation • Costanza Genoese Zerbi • Contact: 562-221-4527
Bought with: Zaia Estates
$848,500
1940 Magnolia Ave, Long Beach, CA 90806
4beds
2baths
2,110sqft
Duplex
Built in 1941
-- sqft lot
$910,900 Zestimate®
$402/sqft
$3,086 Estimated rent
Home value
$910,900
$856,000 - $966,000
$3,086/mo
Zestimate® history
Owner options
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$3,086/mo
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$3,086/mo
Rent Zestimate®
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$5,387/mo
Est. payment
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$5,387/mo
Est. payment
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List your homeWhat's special
Large yardEntertainment venuesShoreline villageSeparate dining areaShared laundry roomSingle car garage
Zillow last checked:
Listing updated:
Listed by:
Costanza Genoese Zerbi DRE #01941438 562-221-4527,
Redfin Corporation
Bought with:
Shannon Paul, DRE #02039030
Zaia Estates
Source: CRMLS,MLS#: PW23119878
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Kitchen, Living Room
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Common Area, Laundry Room
Features
- Ceiling Fan(s), Tile Counters
- Flooring: Tile, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,110
- Total interior livable area: 2,110 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,150 Square Feet
- Features: Level
Details
- Parcel number: 7209032013
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Subdivision: Poly High (Ph)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $851,700
- Annual tax amount: $11,228
- Date on market: 7/6/2023
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2023 | Sold | $848,500-4.4%$402/sqft |
Source:  CRMLS #PW23119878 Report a problem | ||
| 8/25/2023 | Pending sale | $888,000$421/sqft |
Source: CRMLS #PW23119878 Report a problem | ||
| 7/18/2023 | Contingent | $888,000$421/sqft |
Source: CRMLS #PW23119878 Report a problem | ||
| 7/7/2023 | Listed for sale | $888,000+222.9%$421/sqft |
Source: CRMLS #PW23119878 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/15/2017 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 11/15/2017 | Price change | $1,650+3.1%$1/sqft |
Source: Owner Report a problem | ||
| 7/20/2017 | Price change | $1,600+6.7%$1/sqft |
Source: Owner Report a problem | ||
| 6/27/2017 | Listed for rent | $1,500$1/sqft |
Source: Go Section8 Report a problem | ||
| 4/14/2011 | Sold | $275,000+1.1%$130/sqft |
Source: Public Record Report a problem | ||
| 3/1/2011 | Listed for sale | $272,000+1%$129/sqft |
Source: New Century Realtors & Associates Inc #C11025500 Report a problem | ||
| 6/11/2010 | Sold | $269,334+117.2%$128/sqft |
Source: Public Record Report a problem | ||
| 8/13/1997 | Sold | $124,000+7%$59/sqft |
Source: Public Record Report a problem | ||
| 7/1/1996 | Sold | $115,875-33%$55/sqft |
Source: Public Record Report a problem | ||
| 9/21/1993 | Sold | $173,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,228 +4.4% | $851,700 +2% |
| 2024 | $10,750 +129.5% | $835,000 +146.6% |
| 2023 | $4,683 +6.3% | $338,632 +2% |
| 2022 | $4,405 +2.3% | $331,993 +2% |
| 2021 | $4,307 +0.3% | $325,485 +1% |
| 2020 | $4,295 | $322,148 +2% |
| 2019 | $4,295 +4.7% | $315,832 +2% |
| 2018 | $4,101 | $309,641 +2% |
| 2017 | $4,101 +1.1% | $303,571 +2% |
| 2016 | $4,058 +7.8% | $297,620 +1.5% |
| 2015 | $3,765 +4.6% | $293,150 +2% |
| 2014 | $3,601 | $287,408 +2.5% |
| 2012 | -- | $280,500 +3.1% |
| 2011 | -- | $272,032 +87.2% |
| 2010 | -- | $145,337 -0.2% |
| 2009 | -- | $145,683 +2% |
| 2008 | -- | $142,828 +2% |
| 2007 | -- | $140,028 +2% |
| 2006 | -- | $137,283 |
| 2005 | -- | $137,283 +4% |
| 2004 | -- | $131,954 +1.9% |
| 2003 | -- | $129,537 +2% |
| 2002 | -- | $126,998 +4% |
| 2000 | -- | $122,069 |
Find assessor info on the county website
Neighborhood: Wrigley
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Nearby schools
GreatSchools rating
- 5/10Lafayette Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Cabrillo High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$910,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$910,900
- California
- Los Angeles County
- Long Beach
- 90806
- Wrigley
- 1940 Magnolia Ave
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