Views

Address

336 Magnolia Avenue Long Beach, CA

Type

Pending

Price

$ 849,000

Property Attributes

MLS#PW20219097
TypePending
CountyLOS ANGELES
CityLong Beach
AreaDowntown Area - Alamitos Beach
NeighborhoodDowntown
Zip90802
StyleCraftsman
Price$ 849,000
Bedrooms5
Full Bathrooms3
Half Bathrooms0
Sqr Footage1958
Lot Size3,585 SqFt

Listing Provided Courtesy Of:

Jeff Warren with First Team Real Estate.

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 possible 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

Elementary School	Middle School	High School
Chavez Elementary School	Washington Middle School	Cabrillo High School

Price History
10/17/2020	Listed $799,000

General Features

Architectural Style	Craftsman
Assessments	None
Attached Structure	Detached
Community Features	Sidewalks, Storm Drains, Street Lights, Urban
Cooling	None
Directions	On Magnolia, N of the Long Beach Courthouse
Garage Spaces	0.00
HOA Fee	0.00
High School	Cabrillo
High School 2	CABRIL
High School District	Long Beach Unified
Levels	One
Listagentaor	Pacific West
Listing Agent	Jeff Warren - BRE#02040656
Listing Agent State License	02040656
MLS Area	4 - Downtown Area, Alamitos Beach
Patio/Porch Features	Deck, Patio
Pool Features	None
Price Per Square Foot	433.61
Property SubType	Single Family Residence
PropertyCondition	Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
Roof	Asphalt
Sewer	Public Sewer
Source System	CRMLS
Spa Features	None
Special Listing Conditions	Standard
Subdivision Name	Downtown (DT)
Subdivision Name	Downtown (DT)
Utilities	Sewer Connected, Water Connected
View	Neighborhood
Zoning	LBPD30

Interior Features

Common Walls	No Common Walls
Fireplace Features	None
Full + 3/4 Baths	3
Full Baths	3
Laundry Features	Common Area, Outside, Stackable
Laundry Y/N	Yes
Main Level Bathrooms	3
Main Level Bedrooms	4
Room Type	Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
Total Stories	1

Exterior Features

Fence Y/N	Yes
Fencing	Privacy, Wood
Foundation Details	Raised, Slab
Lot Features	Front Yard
Lot Size Acres	0.0823
Lot Size Area	3585.0000
Lot Size Source	Assessor
Lot Size Square Feet	3585.00
Lot Size Units	Square Feet
Patio Y/N	Yes
Road Frontage Type	City Street
Road Surface Type	Paved
Total Parking	0.00
Water Source	Public