ActiveSingleFamilyResidence

2905 Magnolia

Long Beach, CA, 90806

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$1,039,000

MLS: PW26113761

Beds

3

Baths

3

Sq Ft

2,393

Lot

0.15 ac

Year Built

1948

MLS #

PW26113761

Days on Market

16

Listed

May 27, 2026

Description

Welcome to 2905 Magnolia, a rare opportunity to own one of the most versatile and entertaining homes in all of Wrigley. Positioned on an oversized corner lot in one of Long Beach’s most character-rich neighborhoods, this beautifully maintained 3-bedroom, 3-bath residence delivers the perfect blend of space, functionality, and lifestyle. From the moment you walk in, you immediately feel it, this is a home designed for living well. Inside, two distinct living areas create incredible flexibility for modern life. Whether you're hosting friends for the big game, creating space for a growing family, or simply enjoying a quiet night at home, the layout allows everyone to stay connected while still enjoying their own space. At the center of it all is a thoughtfully designed kitchen that effortlessly anchors the home and keeps every gathering flowing naturally. The primary suite feels like a private retreat, opening directly to an enclosed patio and featuring an oversized walk-in closet along with a spa-inspired bathroom complete with a jetted soaking tub, separate shower, and dual vanity. Then there’s the backyard, and this is where the property truly shines. Built for entertaining, the outdoor space features a built-in kitchen, expansive gathering areas, and RV parking with hookups, a rare and valuable amenity in Long Beach. The corner lot configuration also creates exceptional versatility for multigenerational living or future income potential, with the home already thoughtfully configured for a possible duplex conversion. And the upgrades? Already done. Solar. EV charger. Zoned HVAC. Dual-pane windows. Extensive storage. This is the kind of home buyers are searching for but rarely find. A property with both character and modern infrastructure already in place. Located in the heart of Wrigley, you’re minutes from everything that makes Long Beach one of Southern California’s most dynamic coastal cities: including LBX, Bixby Knolls, Downtown Long Beach, beaches, dining, breweries, and major freeway access. This isn’t just another home. This is flexibility. Lifestyle. Opportunity. And one of the best values currently available in Long Beach.

Location

Long Beach, Los Angeles County, CA 90806

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Listed by: TRAVIS JACKSON · WERE Real Estate Inc

Payment estimate

$7,695

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $103,900 · Loan: $935,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,923
Property tax (1.25%)
$1,082
Homeowners insurance
$300
Mortgage insurance
$390
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $36,365 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Active and pending listings in ZIP 90806 (Long Beach)within ±10% of this home's price and size.

Local Market Stats

See Long Beach, CA 90806 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.