Date
Details
Price
Change
Source
3/17/2026
Listed
$979,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/15
$979,000 Just Listed
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1/15
Property Description
2 units in Long Beach NOT subject to local rent control. Duplex in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). Located by the Wrigley Area a short drive from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. Excellent Owner User opportunity as well - live in one unit and offset your mortgage with the rent from the other. The property features two 3 bed/1 bath units with a private courtyard and a 3 car garage in the rear (separate structure). Both units are currently rented ($2900 and $3200). One of the units has been heavily updated. There is the potential to convert the garages to an ADU - Buyer to verify. This could add a 3rd unit and generate significant rental income. The property is well maintained and has been updated as follows: All new Pex water supply lines in both units - done in 2022. All new ABS drain/sewer lines in both units - done in 2022. All new gas lines in Unit 1950 - done in 2022. Completely remodeled Unit 1950 - new flooring, paint, fixtures, countertops, vanity, tub, tile, new stove, microwave, dishwasher, fridge, and all new double-pane vinyl windows - done in 2024. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Full Property Details
Full Property Details for 1950 Magnolia Ave
General
- Price: $979,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26665805
- Updated: 3/18/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Other
Parking
- Covered Spaces: 3
- Garage Description: Assigned
Location
- Area: Wrigley
- County: Los Angeles
- Driving Directions: Duplex located in the Wrigely Area of Long Beach. NOT subject to local rent control.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 2,016
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1929
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.0953
- Lot Size: 4153
- Lot Size Source: Vendor Enhanced
- Zoning: LBR2N
Financial Considerations
- Price Per Sq. Ft.: $485.62
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: None
- APN: 7209-032-012
Listed by The Agency, Jonathan Swire
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1950 Magnolia Ave —
Jonathan Swire
The Agency
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1950 Magnolia Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Elementary School, Long Beach, CA 2445 Chestnut Avenue, Long Beach, CA 90806 | K-5 | 0.6 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.5 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 Magnolia Ave
Tax History
Tax History for 1950 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,927
6%
$976,310
4%
2023
$12,167
50%
$938,400
46%
2022
$8,128
2%
$643,316
2%
2021
$7,964
—
$630,703
1%
2020
$7,943
1%
$624,237
2%
2019
$7,851
3%
$611,998
2%
2018
$7,601
23%
$599,999
25%
2017
$6,202
11%
$480,000
5%
2016
$5,581
8%
$455,000
6%
2015
$5,154
-1%
$430,000
—
2014
$5,218
35%
$430,000
34%
2013
$3,864
—
$320,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1950 Magnolia Ave
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- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,157Sq. Ft.
Listed by Tracey Thorpe (CalRE#: 01775129) (562) 233-9982 and Debbie Thorpe (CalRE#: 01163045) (562) 233-9980
- Single Family
- Active
- Updated 15 hours ago
- 3Beds
- 3Total Baths
- 1,566Sq. Ft.
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- Condo
- Active
- Updated 16 hours ago
- 2Beds
- 2Total Baths
- 1,750Sq. Ft.
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1950 Magnolia Ave, Long Beach, CA 90806 (MLS# 26665805) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 1950 Magnolia Ave is currently listed for $979,000 and was received on March 17, 2026. Want to learn more about 1950 Magnolia Ave? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.