For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with MAX HOO • Pinnacle Real Estate Group
GET MORE INFORMATION
Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256