For Sale at Downtown (DT): 336 Magnolia, Long Beach, CA 90802. 5-bedroom 3-bath, 1902 Downtown (DT) $799,000 begin new search
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Overview

INCREDIBLE VACATION RENTAL THAT GENERATES IMMEDIATE POSITIVE CASH FLOW! Residing in the very heart of downtown, 336 Magnolia offers the cutting edge of where home living is headed. Specifically listed as an SFR+ADU, "336 Mag" provides three separate and distinctive options for stylish home and rental ownership. The curb appeal provides a seamless and stunning combination of classic Long Beach craftsmanship and a sharp modern twist. The front house makes use of beautifully historic aspects, all refinished in class and pride of ownership - starting with the peaceful porch area. The farmhouse front door opens up to a vaulted ceiling accented with refinished beams above. A modern barn door opens up to an amazing kitchen, consisting of shaker white cabinets, quartz countertops, a stacked stone backsplash, and matching all white appliances. Real hardwood floors runs through the front house, except for tile in the bath. The bath is complete with a gorgeous vanity, and tile on the floor and lining the walls of the shower. The mid-suite office is tastefully done throughout, and acts as the perfect place to work out of the home, or to rent out for additional income. The glass plated French Doors open up to vaulted ceilings with running beams, and a barn door separating the kitchenette and bath for the space. Annual Gross Scheduled Income from Air BnB is provable as high as $95,799.12 to $67,150 annually as a base level. FRONT UNIT: https://my.matterport.com/show/?m=9QfVwm7FX4U&mls=1

Address 336 Magnolia
Long Beach, CA 90802
Listing Status Active
Asking Price $799,000
Original Listing $799,000 @ 2020-10-16
Property Condition Additions/Alterations,Building Permit,Turnkey,Updated/Remodeled
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee None Listed
HOA Fee $0
HOA Features Sidewalks, Storm Drains, Street Lights, Urban
Rooms
Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
Square Footage Not Disclosed
Bedrooms 5
Full Bathrooms 3
Location
Directions On Magnolia, N of the Long Beach Courthouse
Market Area 4 - Downtown Area, Alamitos Beach
Neighborhood Downtown (DT)
Complex Downtown (DT)
School District Not Listed
Public Records
County Los Angeles
Assessor Parcel# 7280013015
Zoning LBPD30
Highway Locator

West of I-15

West of I-5

Ocean Distance 8.5 miles
Features
Year Built 1902 (source: Assessor)
Laundry Location Common Area,Outside,Stackable
Elevator Not Listed
Cooling None
Heating
Sewer/Septic Public Sewer
Fireplaces None (0)
Additional Parcels No
Assessments No
Association No
Common Walls No Common Walls
Cooling No
Exclusions Negotiable
Foundation Details Raised, Slab
High School 2 CABRIL
High School District Long Beach Unified
Land Lease No
Laundry Yes
Levels One
Living Area Units Square Feet
Lot Features Front Yard
Lot Size Source Assessor
Lot Size Units Square Feet
Main Level Bathrooms 3
Main Level Bedrooms 4
New Construction No
Number Of Units Total 2
Patio Yes
Pool Private No
Property Attached No
Road Frontage Type City Street
Road Surface Type Paved
Room Bathroom Features Bathtub, Upgraded
Tax Census Tract 5759.02
View Yes
Monthly Payment Calculator
Listing Source
Platform CRMLS
AOR Pacific West
MLS Number PW20219097
Courtesy of First Team Real Estate - Jeff Warren
Exterior
Style Single Family Residence
Material Not Listed
Lot Size ~ 3,585 sf
Fencing Privacy,Wood
Topography Not Listed
Roof Asphalt
Swimming Pool None
Patio Deck, Patio
Exclusive Yard 1
Parking
Total Spaces: 0.00
Garage Spaces: 0.00
Non-Garage Spaces: 0 -
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