$1,249,000
Pending

1163 Magnolia Avenue

Long Beach, CA 90813
0.20 acres | #PW24115543
Listing OfficeKeller Williams Pacific Estate
Browse 51 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

TWO Single-Family Homes ON ONE LOT! You will find the compound a quiet and resort-like feel from the moment you enter. Entering the front of the property you will see the park-like view with grass and gardens, a pergola and fire pit. The front house is grand with 3 bedrooms, 2 1/4 bathrooms. Built in 1923 and features spacious rooms and living space, 10-foot coffered ceilings, and hardwood floors throughout. Two of the bedrooms offer an en-suite bath with the front featuring a large picture window. The 3rd bedroom could be used as flex space and is located in the center of the home. The Living Room is accented with a large statement fireplace hearth and mantle, Attached to the spacious dining room both are open and bright with natural light. The kitchen has been nicely updated. The rear home was updated in 2006 and is currently used as a 3 bedroom, 3 bath but could easily return to a 4 bedroom home. All entertaining is located on the lower level with an open-concept kitchen and an informal dining/social space with great accessibility to the front porch and outdoor dining/entertaining area. There is ample storage and a walk-in pantry with laundry. Along the hallway to the large family room is a coffee station/ bar with designer wallpaper creating a sophisticated party atmosphere, as well as a guest bath. The Family room is large with great light and offers space for a more formal dining area. Ascending the wrap-around staircase you find more natural light and a large central landing point which has great options for flex space. The guest rooms upstairs share a large centrally located bathroom and are inviting and spacious. The primary room is large with a private spa-like bath, spacious sundeck, and a designer walk-in closet with a dressing area. This space can be restored easily to the 4th bedroom. The front home has access to 2 single-car garages. The main home has a private parking pad and behind an electric gate for up to 4 cars. The gorgeous 2-car garage with van-height garage door, epoxy floor, and EV charger allows you direct access to the home. Solar panels on the property are paid for and cut your electric bill to practically zero. The homes have been well cared and the owners have done their best to create a tranquil space to share. Extras include raised vegetable gardens, spa, retractable shade, automated blinds, an outside dining area and so much more. This property is centrally located to all LB offer and is a peaceful retreat.

  • Property Details
      • InteriorBuiltInFeatures, CeilingFans, CrownMolding, CofferedCeilings, HighCeilings, OpenFloorplan, Pantry, PullDownAtticStairs, QuartzCounters, R
      • Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionBackYard, FrontYard, Garden, Lawn, RectangularLot, SprinklerSystem
      • Exterior MaterialsAwnings, Barbecue, Lighting
      • SubdivisionWillmore District (WM)
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,249,000
      • MLS #PW24115543
      • MLS #PW24115543
      • Cost1249000
      • Acres0.1975
      • FoundationRaised
      • Utility SourcePublic
      • Property SubtypeDuplex
      • Year Built1923
      • Stories2
      • Parking Spaces4

Location

Bob OesterleinReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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