3148 Magnolia, Long Beach, California 90806, Long Beach, 90806 - 4 bed, 4 bath
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Long Beach, California 90806
This Spacious Historical Residence is listed at $1,150,000, representing a stable and fair entry at its $1,150,000 Fair Market Value. Holding a Well-Maintained Condition Rating, the property features critical infrastructure upgrades including a newer roof, copper plumbing, and updated electrical. The rare 4-bedroom, 4-bathroom layout offers a master balcony with Downtown Long Beach views and a detached garage with significant ADU Potential. Located near top-rated elementary schools like Lafayette and Los Cerritos, this listing balances immediate lifestyle utility with long-term value-add opportunities. It is an ideal match for Owner-Occupants or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3148 Magnolia Subject | $1,139,000* List Price | 4 | 4 | 2,106 | $541 | - |
A 3184 Daisy Avenue Sold | $850,000 | 3 | 2 | 1,420 | $599 | 0.1 mi |
B 720 W Columbia Street Sold | $925,000 | 3 | 2 | 1,829 | $506 | 0.4 mi |
C 2860 Chestnut Avenue Sold | $1,075,000 | 3 | 2 | 1,715 | $627 | 0.4 mi |
D 310 W 32nd Sold | $1,025,000 | 3 | 2 | 1,603 | $639 | 0.2 mi |
E 602 W 36th Street Sold | $950,000 | 3 | 2 | 1,372 | $692 | 0.4 mi |
F 520 W 37th Street Sold | $975,000 | 3 | 3 | 1,516 | $643 | 0.5 mi |
G 2720 San Francisco Sold | $840,000 | 3 | 2 | 1,750 | $480 | 0.6 mi |
H 874 W 33rd Way Sold | $890,000 | 3 | 2 | 1,307 | $681 | 0.4 mi |
I 2835 Chestnut Avenue Pending | $1,100,000 List Price | 4 | 4 | 2,325 | $473 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1937, the property has undergone significant system upgrades including a newer roof, updated electrical, copper plumbing, and central HVAC. The interior features a functional, move-in ready layout with a kitchen and bathrooms that appear to be from a 15-20 year old renovation; though aesthetically dated with oak cabinetry and white tile, the home is well-maintained and requires no immediate major repairs.
The property features a newly updated roof, electrical systems, and copper plumbing, providing essential peace of mind and reducing immediate capital expenditure for a historical 1937 home.
With a long driveway accommodating 6+ vehicles or an RV, plus a detached garage with space for an Accessory Dwelling Unit (ADU), the property offers exceptional utility and value-add opportunities.
The rare 4-bedroom, 4-bathroom configuration includes a master suite with a balcony and views of Downtown Long Beach, offering ample space for large families and the potential for a 5th bedroom.
A significant price reduction from the original $1.3M listing to $1.15M may suggest initial overpricing or extended time on the market, which can influence buyer negotiation leverage.
While the elementary and middle schools are well-rated, the assigned high school has a lower performance rating, which may be a concern for families prioritizing long-term educational stability.
Enjoy the breeze of Long Beach in your Dream Home in the well-sought out historical area of the Wrigley Heights Neighborhood! This Beautiful LARGE 2-Story home features 4 bedrooms and 4 bathrooms with potential to add a 5th bedroom! featuring beautiful white tile flooring and Central Heat and Air throughout the home. The lower level features a living room and dining area with bedroom and ensuite bathroom followed by the kitchen and sliding glass door into the backyard. There are three more bedrooms upstairs. A shared bathroom for two of the bedrooms and the master bedroom with an en-suite bathroom and a walk-in closet including a balcony overlooking the backyard and views of Downtown Long Beach. The backyard has a partially covered patio with skylight to host your get togethers and important events. This large home is perfect to host family gatherings such as Birthday parties and Weddings! Bathroom and separate laundry rooms are located in the back of the home facing the yard. Newly updated Roof and electrical and copper plumbing has been upgraded. Security System installed. There is a detached double car garage has custom cabinets for all of your storage needs and enough space to accommodate at least 6 vehicles comfortably and enough space to add an ADU behind the garage. Large Industrial Shed located behind the detached garage. Backyard also has nice tile flooring. The backyard has a large avocado tree and lemon tree to add to your favorite meals. This home would be also be suitable to operate a small scale restaurant from home. As well as guava and nectarine trees that are fully thriving. This lovely home faces West to watch the sunsets and has a Long Driveway to park multiple vehicles or even a RV! Close to Downtown Long Beach, Shoreline Village & Marina, Alamitos Beach, Long Beach Airport, 710 and 405 Freeways, Long Beach Memorial Hospital, Signal Hill and close to schools and shopping. WELCOME HOME!!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,106 | 1,556.5 |
| Lot Size | 5,512 | 5,910 |
| Price | $1.14M | $1.02M |
| Price per sq ft | $541 | $721 |
| Built year | 1937 | 1949 |
| HOA | $0 | $240 |
| Days on market | 177 | 46 |
Jul 8, 2026
$1,139,000
$1,150,000
-1% Price Drop
Initial Listing
Feb 27, 2026
$1,150,000
$1,300,000
-12% Price Drop
Initial Listing
Jan 26, 2026
$1,300,000
Initial Listing