Long Beach, CA 90802,336 Magnolia AVE
Long Beach, CA 90802,336 Magnolia AVE,Video Tour
Long Beach, CA 90802,336 Magnolia AVE
$825,000
Est. payment /mo
$849,000
2.8%
Est.Price: ?

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5 Beds
3 Baths
1,958 SqFt
SOLD DATE : 01/26/2021

Key Details

Sold Price $825,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,958 sqft

Price per Sqft $421

Subdivision Downtown (Dt)

MLS Listing ID PW20219097

Sold Date 01/26/21

Bedrooms 5

Full Baths 3

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

HOA Y/N No

Year Built 1902

Lot Size 3,484 Sqft

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

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Rooms

Main Level Bedrooms 4

Interior

Interior Features Bedroom on Main Level

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area, Outside, Stacked

Exterior

Fence Privacy, Wood

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Asphalt

Porch Deck, Patio

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Construction Status Additions/Alterations,Building Permit,Updated/Remodeled

Schools

Elementary Schools Chavez

Middle Schools Washington

High Schools Cabrillo

School District Long Beach Unified

Others

Senior Community No

Tax ID 7280013015

Acceptable Financing Submit

Listing Terms Submit

Financing Conventional

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jeff Warren • First Team Real Estate
Bought with MAX HOO • Pinnacle Real Estate Group

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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