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$1,200,000
New Listing

2421 Magnolia
Long Beach, CA 90806

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,516
SqFt
$341
/SqFt
1942
Built
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Frank Lynch of Frank Lynch IV,Broker [email protected]
2421 Magnolia2421 Magnolia2421 Magnolia2421 Magnolia
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Monthly Payment (Est.)

$5,475
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Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,516 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1377 Acres
Year Built 
1942
MLS® Number 
RS26193414
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing first seen on site
12 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1377
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3516
Water Source 
Public
Interior Features
Appliances 
Gas Range
Fireplace 
Yes
Fireplace Features 
BathGasKitchen
Flooring 
Laminate
Heating 
Forced Air
Laundry Features 
Common Area
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Exterior Features
Fencing 
None
Lot Features 
Front YardSprinklers In RearSprinklers In FrontLandscaped
Pool Features 
None
Roof 
None
Community Features
Building Access 
Frount
Community Features 
SuburbanSidewalks
Financing Terms Available 
Conventional
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
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