336 Magnolia Avenue, Long Beach, CA 90802

$998,000
5
BD
3
BA
1,958
SqFt
List Price
$998,000
Status
ACTIVE
MLS#
PW20191776
Year Built
1902
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,958
Lot Size
3,585
Acres
0.0823
Lot Location
Irregular Lot
Days on Market
12
Property Type
Single Family Residential
Property Sub Type
Triplex
Stories
One Level
Builders Tract Code
Downtown (DT)
Neighborhood
Downtown (Dt)

Property Description

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. BACK UNIT: https://my.matterport.com/show/?m=T1JrTFo57jw&brand=0

Additional Information

Tract Number
11934
Lot Description
Park, Urban
Kitchen Features
Kitchenette
Pool Description
None
Fireplace Description
None
Cooling Description
None
View
City Lights
Roof
Asphalt
Sewer
Public Sewer
Water
Public
School District
Long Beach Unified
Attached Structure
Detached
Number Of Units Total
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jeff Warren from First Team Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.