$865,000

1238 Magnolia Avenue, Long Beach, CA 90813

4 beds |
2 baths |
1,296 sqft

Condominium
Built in 2003
4,304sqft lot
4 car garage
$667/sqft
Listed 2 months ago

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, youll 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.

Listing Status:: Active
Listing Office:: Foundation Realty : 562-234-4169
Listing Agent:: Marco Estrada : 562-234-4169
MLS ID:: DW25177849

Appliances: DryerWasher
A/C: High EfficiencyDual
Heating: Combination HeatingElectric
Fireplace: N/K

Pool: N/K
Parking: Parking spaces: 4

General: 1

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: LBR4N7272002013
View: N/K

Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Marco Estrada, Foundation Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Edison Elementary School

625 Maine Ave, Long Beach, CA, 90802

Grades KG-5

0.55 miles away

Washington Middle School

1450 Cedar Ave, Long Beach, CA, 90813

Grades 6-8

0.29 miles away

Educational Partnership High School

1794 Cedar Ave, Long Beach, CA, 90813

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.