ActiveCondominium

535 Magnolia 113

Long Beach, CA, 90802

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$425,000

MLS: SB26067061

Beds

1

Baths

1

Sq Ft

702

Lot

0.80 ac

Year Built

1990

MLS #

SB26067061

Days on Market

24

Listed

Mar 28, 2026

Description

Live within walking distance to Downtown, the Marina, and the ocean in this inviting one bedroom, one bath first floor residence This well-designed unit features a walk-in closet, a dedicated dining area, and a private patio overlooking tranquil interior fountains that create your own peaceful escape in the heart of the city. Enjoy the convenience of all appliances included, along with an in-unit washer and dryer. The secure building offers added peace of mind with security cameras and includes one assigned subterranean parking space. Community amenities include a rooftop pool and spa with stunning panoramic views, as well as a recreation room with a gym. Ideally located just blocks from the marina, beach, The Pike, Convention Center, Downtown Pine Avenue, shopping, dining, and a large nearby park. Easy access to major freeways makes commuting simple. Location, lifestyle, and value...all in one.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Debra Kahookele · Vylla Home, Inc

Payment estimate

$3,252

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $42,500 · Loan: $382,500

%
Principal & Interest
$2,350
Property tax (1.25%)
$443
Homeowners insurance
$300
Mortgage insurance
$159
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $14,875 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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