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Sold for $500,000
    • Listed by: Keller Williams Realty • Daralynn Dennis • Contact: 310-375-3511
    Bought with: Vista Sotheby's International Realty
    $500,000

    542 Magnolia Ave, Long Beach, CA 90802

    1beds
    492sqft
    Single Family Residence
    Built in 1906
    1,153 Square Feet Lot
    $475,200 Zestimate®
    $1,016/sqft
    $1,861 Estimated rent

    Home value

    $475,200

    $451,000 - $499,000

    $1,861/mo

    Zestimate® history
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    What's special

    A great condo alternative, for the smart buyer looking for a tremendous opportunity in the downtown area of Long Beach, you cannot fail with this property. The open space makes it feel surprisingly spacious with laminate flooring throughout the living and kitchen areas and plenty of room for a dining table to be set up and even space for an office desk to spare. The bedroom is a perfect sanctuary after a long day for a restful night with the bathroom and updated walk in shower close by and a separate laundry room to the side for added convenience and extra storage. Head out the back door to your side yard for perfect summertime grilling and relaxing, possibly by the firepit? And the wooden deck is great for reading a book while having a cup of coffee. This property could easily become either a profit making rental or home sweet home for anyone looking to downsize or buy their first property and not have to deal with any homeowners association. Come take a closer look and envision the possibilities in person.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daralynn Dennis DRE #02137479 626-228-9385,

    Keller Williams Realty

    Bought with:

    Kristin Warrick, DRE #01511897

    Vista Sotheby's International Realty

    Source: CRMLS,MLS#: SB23213264MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Walk-In Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Pots & Pan Drawers
    Cooling
    • None
    Appliances
    • Included: 6 Burner Stove, Gas Oven, Gas Range, Refrigerator, Water Heater
    • Laundry: Inside, Laundry Room, Stacked
    Features
    • Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan, All Bedrooms Down
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 492 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Patio & porch: Covered, Enclosed, Front Porch, Wood
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 1,153 Square Feet
    • Features: Front Yard, Garden
    Details
    • Parcel number: 7280001006
    • Zoning: LBPD30
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Downtown (Dt)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $1,016/sqft
    • Tax assessed value: $510,000
    • Annual tax amount: $6,764
    • Date on market: 11/17/2023
    • Cumulative days on market: 61 days
    • Listing terms: Submit

    Price history

    DateEventPrice
    12/9/2025Listing removed$2,180$4/sqft
    Source: Zillow Rentals Report a problem
    11/25/2025Price change$2,180-5%$4/sqft
    Source: Zillow Rentals Report a problem
    11/11/2025Price change$2,295-10%$5/sqft
    Source: Zillow Rentals Report a problem
    10/30/2025Price change$2,550-15%$5/sqft
    Source: Zillow Rentals Report a problem
    10/15/2025Listed for rent$3,000+90.5%$6/sqft
    Source: Zillow Rentals Report a problem
    6/17/2024Sold$500,000$1,016/sqft
    Source: CRMLS #SB23213264 Report a problem
    2/8/2024Pending sale$500,000$1,016/sqft
    Source: CRMLS #SB23213264 Report a problem
    1/22/2024Contingent$500,000$1,016/sqft
    Source: CRMLS #SB23213264 Report a problem
    11/17/2023Listed for sale$500,000+17.6%$1,016/sqft
    Source: CRMLS #SB23213264 Report a problem
    12/1/2021Sold$425,000+6.3%$864/sqft
    Source: Public Record Report a problem
    11/15/2021Pending sale$399,999$813/sqft
    Source: CRMLS #PW21171923 Report a problem
    11/3/2021Contingent$399,999$813/sqft
    Source: CRMLS #PW21171923 Report a problem
    10/26/2021Listed for sale$399,999+21.2%$813/sqft
    Source: CRMLS #PW21171923 Report a problem
    5/6/2020Sold$330,000+3.1%$671/sqft
    Source: CRMLS #PW20058450 Report a problem
    4/2/2020Pending sale$320,000$650/sqft
    Source: Keller Williams Pacific Estate #PW20058450 Report a problem
    3/18/2020Listed for sale$320,000+115.5%$650/sqft
    Source: Keller Williams Pacific Estate #PW20058450 Report a problem
    2/1/2017Listing removed$1,575$3/sqft
    Source: Owner Report a problem
    1/18/2017Listed for rent$1,575$3/sqft
    Source: Owner Report a problem
    8/3/2010Sold$148,500-7.1%$302/sqft
    Source: Public Record Report a problem
    5/22/2010Listed for sale$159,900+53.8%$325/sqft
    Source: Brent Heflin Realty, Inc. #P735808 Report a problem
    5/13/2009Sold$104,000-0.9%$211/sqft
    Source: Public Record Report a problem
    4/3/2009Price change$104,900-16.8%$213/sqft
    Source: Listhub #S564468 Report a problem
    2/22/2009Listed for sale$126,140+47.7%$256/sqft
    Source: Listhub #S564468 Report a problem
    2/19/2009Sold$85,430-46.3%$174/sqft
    Source: Public Record Report a problem
    10/24/2008Price change$159,000-19.7%$323/sqft
    Source: Listhub #P608475 Report a problem
    10/16/2008Price change$198,000-13.5%$402/sqft
    Source: Listhub #P608475 Report a problem
    8/23/2008Listed for sale$229,000-14.9%$465/sqft
    Source: Listhub #P608475 Report a problem
    3/7/2006Sold$269,000+63%$547/sqft
    Source: Public Record Report a problem
    4/11/2005Sold$165,000+166.1%$335/sqft
    Source: Public Record Report a problem
    8/1/2001Sold$62,000$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,764 +17.5%$510,000 +15.3%
    2024$5,758 +1.7%$442,170 +2%
    2023$5,659 +6.6%$433,500 +2%
    2022$5,309 +26%$425,000 +27.5%
    2021$4,214 -0.1%$333,418 +91.7%
    2020$4,219 +81%$173,955 +2%
    2019$2,331 +4.1%$170,545 +2%
    2018$2,238 $167,202 +2%
    2017$2,238 +1.1%$163,925 +2%
    2016$2,214 +7.2%$160,712 +1.5%
    2015$2,065 +8.9%$158,299 +2%
    2014$1,896 $155,199 +2.5%
    2012-- $151,470 +2%
    2011-- $148,500 +43.1%
    2010-- $103,753 -63.7%
    2009-- $285,463 +2%
    2008-- $279,867 +2%
    2007-- $274,380 +63%
    2006-- $168,300 +151.1%
    2005-- $67,020 +4%
    2004-- $64,419 +1.9%
    2003-- $63,240 +2%
    2002-- $62,000 +20.7%
    2000-- $51,368
    Find assessor info on the county website

    Neighborhood: Downtown

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    Estimated market value
    $475,200
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    Estimated market value
    $475,200

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