
1238 Magnolia Avenue, Long Beach, CA 90813
1238 Magnolia Avenue, Long Beach, CA 90813
Property Description
Make a smart move with this 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.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 4 closed
Long Beach · Duplex
Listed 18.2% above the median closed sale of $727,500. Price per sqft ($664) is a 28% premium to closed comps ($520). Closed comps sold at 88% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 218 days on market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1035 Ohio Avenue | Long Beach | 1921 | 3 | 2 | 1,490 | 6,489 | $628 | $935,000 | 50 | 72 |
| 3562 Orange | Long Beach | 1928 | 2 | 2 | 1,400 | 6,381 | $643 | $899,999 | 78 | 72 |
| 5577 Ocean | Long Beach | 1952 | 3 | 2 | 1,544 | 1,296 | $968 | $1.50M | 30 | 70 |
| 1334 Mira Mar | Long Beach | 1940 | 4 | 2 | 1,841 | 6,503 | $638 | $1.18M | 6 | 68 |
| 2031 Spaulding Way | Long Beach | 1923 | 3 | 2 | 852 | 2,400 | $851 | $725,000 | 29 | 66 |
| Total: 5 · Average | 3.0 | 2.0 | 1,425.4 | 4,613.8 | $745.6 | $1.05M | 38.6 | |||
| Median | 1,490 | $935,000 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 823 Maine | Long Beach | 1907 | 06/18/2026 | 4 | 2 | 1,645 | 4,115 | $800,000 | $750,000 | $456 | 0.94 | 44 | 76 |
| 3321 17th Street | Long Beach | 1955 | 06/05/2026 | 2 | 2 | 1,156 | 4,501 | $699,000 | $705,000 | $610 | 1.01 | 35 | 73 |
| 402 16th Street | Long Beach | 1913 | 05/07/2026 | 3 | 2 | 1,485 | 2,585 | $700,000 | $379,000 | $255 | 0.54 | 757 | 71 |
| 148 36th Street | Long Beach | 1962 | 05/21/2026 | 3 | 2 | 1,800 | 11,158 | $1.29M | $1.36M | $757 | 1.05 | 35 | 61 |
| Total: 4 · Average | 3.0 | 2.0 | 1,521.5 | 5,589.75 | $799,125 | $799,125 | $519.5 | — | 217.75 | ||||
| Median | 1,645 | $750,000 | $750,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.