
Long Beach, California 90813
This Turnkey Duplex in the Wilmore district is a premier Residential Income Asset listed at $860,000, positioned accurately alongside its $856,810 Fair Market Value. Boasting an Excellent Condition Rating, the property features designer upgrades including Carrera marble, Acacia butcher block counters, and R-4 Zoning for future density. Rare amenities like private two-car garages and mini-split HVAC systems ensure high tenant desirability within the Long Beach Unified district. This is a strategic choice for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1238 Magnolia Avenue Subject | $860,000* List Price | 4 | 2 | 1,296 | $661 | - |
A 926 E 11th Active | $890,000 List Price | 0 | 0 | 1,358 | $655 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, this duplex has undergone an extensive, high-end renovation within the last 5 years, meeting the criteria for excellent condition. The property features a new roof, new exterior stucco, and new mini-split HVAC systems. The interiors are fully updated with SPC oak flooring, designer kitchens boasting Acacia butcher block counters and Knotty Alderwood cabinetry, and luxury bathrooms with Carrera marble and floating vanities. All major systems and cosmetic finishes are virtually new with no deferred maintenance.
The property features extensive high-end upgrades including a new roof, exterior stucco, mini-split HVAC systems, and designer finishes like Carrera marble and Knotty Alderwood cabinetry, offering a move-in ready experience with minimal immediate CapEx.
Zoned R-4 in an up-and-coming district, this property provides significant long-term value through the potential to increase density and add additional units to the existing portfolio.
Rare for Long Beach, each unit includes a private two-car garage plus additional tandem parking off the alley, a premium amenity that significantly enhances tenant desirability and rental income potential.
Located in the 90813 zip code, the area is still in a transitional phase, which may present challenges regarding neighborhood perception and immediate appreciation compared to more established Long Beach districts.
The history of multiple price reductions and extended days on market suggests the property may face appraisal challenges or that the current list price is still testing the upper limits of the micro-market.
Make a smart move with this turnkey Duplex in the up-and-coming Wilmore district of Long Beach. Live in one unit and rent out the other to cut your mortgage payment in half and reap the benefits of becoming a new landlord or add an impressive R-4 property to your existing portfolio. Each unit comes with a two-car garage, as well as a tandem parking space off the alley. There are numerous upgrades, including a new roof, complete exterior stucco, dual-pane windows, keyless entry doors, two water heaters, fresh landscaping with a 6-foot white vinyl fence, exterior and interior painting, and three TCL brand mini-split systems per unit. Inside, you’ll enjoy vaulted ceilings, SPC oak floors by Republic, baseboards, modern chandeliers, and wall sconces. The back unit features high-end stainless-steel appliances and includes a washer and dryer, as well as a wall-mounted television. The kitchens boast Knotty Alderwood cabinetry, high-end Acacia butcher block counters, a 3D tile backsplash, a stainless-steel sink, dishwasher, microwave, and recessed lighting. Finally, the bathroom is outfitted with beautiful veinous Carrera marble and a floating vanity featuring an LED mirror with a built-in defogger. It makes sense to buy two completely renovated units, with the potential to add more, rather than being stuck with just one, as a home should always be considered an investment that holds the key to your future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 93% |
| Baths | 2.0 | 0.0 | 93% |
| Square foot | 1,296 | 2,366 | 20% |
| Lot Size | 4,303 | 5,200 | 27% |
| Price | $860.0K | $985.0K | 33% |
| Price per sq ft | $664 | $425 | 87% |
| Built year | 2003 | 1923 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 228 | 174 | 87% |
Dec 3, 2025
$860,000
$865,000
-1% Price Drop
Initial Listing
Nov 5, 2025
$865,000
$869,800
-1% Price Drop
Initial Listing
Oct 27, 2025
$869,800
$875,000
-1% Price Drop
Initial Listing
Sep 6, 2025
$875,000
Initial Listing
Apr 24, 2024
$540,000
Public Record