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1940 Magnolia Avenue, Long Beach, CA 90806
$848,500
1940 Magnolia Avenue, Long Beach, CA 90806View this property at 1940 Magnolia Avenue, Long Beach, CA 90806
1940 Magnolia AvenueLong BeachCA90806
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Property Description
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!
Full Property Details
Full Property Details for 1940 Magnolia Ave
General
- Sold For: $848,500
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23119878
- Added to Site: 323 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Ceiling Fan(s), Tile Counters
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Tile, Wood
Rooms
Other Rooms
- Laundry: Common Area, Individual Room
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage
- Parking: Garage
Location
- Area: 9 - Poly High
- County: Los Angeles
- Development Name: 9 - Poly High
- Driving Directions: Cross Street: W. 19th Street
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,110
- Year Built: 1941
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.0953
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $402.13
- Price Per Unit: 444000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Redfin Corporation, Costanza Genoese Zerbi
Sold by Zaia Estates, Shannon Paul
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Schools
Schools serving 1940 Magnolia Ave
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2445 Chestnut Ave, Long Beach, CA 90806 | PK-5 | 0.6 mi | |
1450 Cedar Ave, Long Beach, CA 90813 | 6-8 | 0.6 mi | |
2001 Santa Fe Ave, Long Beach, CA 90810 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 Magnolia Ave
Date
Details
Price
Change
Source
8/29/2023
Sold
$848,500
-4.45%
MLS
7/06/2023
Listed
$888,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1940 Magnolia Avenue, Long Beach, CA 90806 (MLS# PW23119878) is a Multi-Family property that was sold at $848,500 on August 29, 2023. Want to learn more about 1940 Magnolia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Poly High? You can browse all Poly High real estate or contact a Coldwell Banker agent to request more information.