The Best Priced Duplex in Long Beach. 2 units in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control – maximum annual increase of 5% + CPI (currently 8.0%). Located by the Wrigley Area a short drive from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. Excellent Owner User opportunity as well – live in one unit and offset your mortgage with the rent from the other. The property features two 3 bed/1 bath units with a private courtyard and a 3 car garage in the rear (separate structure). Both units are currently rented ($2900 and $3200). The garages are rented for an additonal $300/month. One of the units has been heavily updated. There is the potential to convert the garages to an ADU – Buyer to verify. This could add a 3rd unit and generate significant rental income. The property is well maintained and has been updated as follows: All new Pex water supply lines in both units – done in 2022. All new ABS drain/sewer lines in both units – done in 2022. All new gas lines in Unit 1950 – done in 2022. Completely remodeled Unit 1950 – new flooring, paint, fixtures, countertops, vanity, tub, tile, new stove, microwave, dishwasher, fridge, and all new double-pane vinyl windows – done in 2024. A new owner could owner occupy one of the units within a few months of the close of escrow.
Property Details
Price:
$978,700
MLS #:
26665805
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Neighborhood:
5wrigleyarea
Listed Date:
Mar 18, 2026
Finished Sq Ft:
2,016
Total Sq Ft:
2,016
Lot Size:
4,153 sqft / 0.10 acres (approx)
Year Built:
1929
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Levels
A
Exterior
Parking Spots
3
Parking Total
3
Financial
Map
Community
- Address1950 Magnolia AV Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Apr 06, 2026
752
Single Family Listed
59
Avg DOM
429
Avg $ / SqFt
$1,059,145
Avg List Price
Property Summary
- 1950 Magnolia AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $978,700 and features 6 beds, 2 baths, and has approximately 2,016 square feet of living space, and was originally constructed in 1929. The current price per square foot is $485. The average price per square foot for Single Family listings in Long Beach is $429. The average listing price for Single Family in Long Beach is $1,059,145.
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1950 Magnolia AV
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