Terry Cagen and Deborah Ferrell Team

License# Terry 02009748 Deborah 01981624

2905 Magnolia Avenue, Long Beach, CA 90806 (Sold on )

  • Open House
  • New Listing
  • Price Reduced$20,000
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  • PENDING UNDER CONTRACT
  • The seller has accepted an offer on this property.
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 $1,049,000

  • 3 BedBeds
  • 3 BathBaths
  • 2,042 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# SB26007183

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Property Description

Income Opportunity! Welcome to this quintessential Long Beach home on a corner lot, ideally located near Downtown Long Beach, Shoreline Village & Marina, Alamitos Beach, and major freeways. This updated residence offers 3 bedrooms, 3 bathrooms, and two spacious living areas. This home also includes city plans to convert the property into two separate units- an incredible option for those seeking an income opportunity, the flexibility to live in one unit and rent the other, or simply the ability to create a duplex down the line. The plans also feature an additional bedroom off the primary suite, allowing the home to expand into a 4-bedroom layout. As an added bonus, the owner still has the kitchen appliances and cabinets available from the front unit, should the future buyer wish to use them. The light-filled living room features a skylight, cozy gas fireplace, and bathroom with oversized shower. The custom kitchen boasts quartz countertops, under-cabinet lighting, soft-close drawers, breakfast bar seating, and a barn-door pantry. Just off the kitchen, the family/dining room includes a wet bar and beverage fridge- perfect for entertaining. The primary suite impresses with a California Closets walk-in, private sunroom, and spa-like bath with jetted soaking tub, dual sinks, & large walk-in shower. Outdoors, enjoy a low-maintenance yard with a full outdoor kitchen with wet bar & fridge, RV/boat parking with RV hookups, and plenty of space to host. Additional highlights include solar, A/C, hardwood floors, ceiling fans, loft storage in the garage, EV charger, dual washers/dryers, and more. Whether you’re seeking an income-producing property or a forever home, this Long Beach gem has it all.

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Terry Cagen and Deborah Ferrell Team

License# Terry 02009748 Deborah 01981624

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Property Details 2905 Magnolia Avenue, Long Beach, CA 90806

General

  • MLS#: SB26007183
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 02/04/2026
  • Year Built: 1948
  • Area: 5 - Wrigley Area
  • Subdivision: Wrigley Area (WR)
  • County: Los Angeles
  • Zoning: LBR1N
  • Beds: 3
  • Full Bath: 2
  • Three-Quarter Baths: 1
  • Total Baths: 3

Interior Features

  • Interior Features: Wet Bar, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Crown Molding, Pantry, Pull Down Attic Stairs, Quartz Counters, Stone Counters, Recessed Lighting, Storage, Unfurnished, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
  • Flooring: Wood
  • Appliances: Barbecue, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator, Water Heater
  • Door Features: French Doors
  • Window Features: Double Pane Windows, Skylight(s)
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Garage, Stacked
  • Security Features: Prewired, Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

  • Community Features: Curbs, Gutter(s), Street Lights, Sidewalks, Park
  • Fencing: Masonry
  • Private Pool: No
  • Pool Features: None
  • Garage Spaces: 2
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Exterior Features: Barbecue, Lighting
  • Roof: Composition, Shingle

Schools

  • High School District: Long Beach Unified

Structure

  • Stories: 1
  • Attached Garage: Yes

Size & Lot

  • Lot Size Acres: 0.1499
  • Lot Size SqFt: 6,530
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn, Landscaped, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
  • Waterfront Features: Ocean Side Of Freeway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Ductless, Forced Air, Fireplace(s)
  • Cooling: Central Air, Ductless, Electric
  • Sewer: Public Sewer

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