1238 Magnolia AVE Open House

Long Beach,CA 90813

$ 875000

4 Beds

2 Baths

1296 SqFt


OPEN HOUSE

Sun Sep 28, 11:00am - 2:00pm 

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $675

MLS Listing ID DW25177849

Bedrooms 4

Full Baths 2

Construction Status Turnkey,Updated/Remodeled

HOA Y/N No

Year Built 2003

Lot Size 4,303 Sqft

Acres 0.0988

Property Sub-Type Duplex

Property Description

Make a smart move with this snazzy, turnkey Duplex in the up-and-coming Wilmore district of Long Beach. Live in one unit and rent out the other to cut your mortgage payment in half and reap the benefits of becoming a new landlord or add an impressive R-4 property to your existing portfolio. Each unit comes with a two-car garage, as well as a tandem parking space off the alley. There are numerous upgrades, including a new roof, complete exterior stucco, dual-pane windows, keyless entry doors, two water heaters, fresh landscaping with a 6-foot white vinyl fence, exterior and interior painting, and three TCL brand mini-split systems per unit. Inside, you'll enjoy vaulted ceilings, SPC oak floors by Republic, baseboards, modern chandeliers, and wall sconces. The back unit features high-end stainless-steel appliances and includes a washer and dryer, as well as a wall-mounted television. The kitchens boast Knotty Alderwood cabinetry, high-end Acacia butcher block counters, a 3D tile backsplash, a stainless-steel sink, dishwasher, microwave, and recessed lighting. Finally, the bathroom is outfitted with beautiful veinous Carrera marble and a floating vanity featuring an LED mirror with a built-in defogger. It makes sense to buy two completely renovated units, with the potential to add more, rather than being stuck with just one, as a home should always be considered an investment that holds the key to your future.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR4N

Rooms

Other Rooms Living Room

Master Bathroom 2

Main Level Bedrooms 4

Interior

Heating Combination,Ductless,Electric

Cooling Dual,Ductless,High Efficiency

Fireplaces Type None

Laundry Dryer Included,In Closet,Inside,Stackable,Washer Included

Exterior

Garage Spaces 4.0

Pool None

Community Features Sidewalks,Urban

View None

Private Pool No

Building

Lot Description Lawn,Near Public Transit,Park Nearby

Dwelling Type Duplex

Story 1

Foundation Permanent

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Turnkey,Updated/Remodeled

Schools

Elementary Schools Edison Edison

Middle Schools Washington

High Schools Cabrillo

School District Long Beach Unified

Others

Senior Community No

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Lease Land No

Confidential INFO

SIGN ON PROPERTY 1

TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional,FHA,Lease Back,Submit,VA Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Marco

SHOW CONTACT PH 5622344169

SHOW INSTRUCTIONS Next Showings will be at the open House Saturday September 27th and Sunday the 28th from 11-2pm. If you can't make it, text or call me to make an appointment.

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