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$1,649,000
41 Days Online

2535 Magnolia Avenue
Long Beach, CA 90806

For Sale|Multi-Family|Active
Subdivision:
Wrigley Area (Wr)
County:
Los Angeles
Listed by Shereen El Husseini of BHHS CA Properties 714-463-5140

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2535 Magnolia Avenue2535 Magnolia Avenue2535 Magnolia Avenue2535 Magnolia Avenue
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Monthly Payment (Est.)

$7,523
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. Recently taken off the market for extensive upgrades, this charming property is now ready to impress. The building features a well-balanced mix of units, including 2 spacious two-bedroom/1 bath units and 2 cozy one-bedroom/1 bath units. Each unit is separately metered, ensuring convenience and privacy for tenants. In addition to the units, the property boasts four single -car garages, a dedicated laundry room, and a storage area. Enjoy the added perk of a beautiful lemon tree in the backyard, providing a refreshing touch of nature. Significant Recent upgrades include fresh paint inside and out, new window replacements, an upgraded electrical panel, and a new roof. Additionally, new air conditioning units, heaters, and laminate flooring, enhancing comfort and modernity throughout the building for the new owner. Located moments away from the Blue Line Station on Willow, Long Beach Memorial Hospital, and a vibrant shopping center, this property is ideally situated for tenants and investors alike. Schedule your showing today to experience the charm and potential of this turnkey property! Don't miss out on this rare find—a great location on a great street, with a fully updated building, excellent income potential.

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Listing Snapshot
Price 
$1,649,000
Days Online 
41 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,280 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1405 Acres
Year Built 
1942
MLS® Number 
PW24093192
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,649,000
a month agoListing first seen online
General Features
Parking Spaces 
4
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.1405
Water 
Public
Property Sub Type 
Quadruplex
Garage Spaces 
4
Zoning 
LBR1N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Item25 Units Acre
Community Features
Association Dues 
0
Community Features 
Urban
Senior Community 
No
MLS Area 
5 - Wrigley Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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