$1,200,000
2421 Magnolia AVE
Long Beach, CA 90806
—
Beds
—
Baths
5,998
Square feet
1942
Built
Listing narrative
Description
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.
Property Details
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Price
$1,200,000
Beds
Beds n/a
Type
House
Home Size
5,998 sqft
Baths
Baths n/a
Lot Size
0.14 acres
Year
1942
Neighborhood
Wrigley Area
Status
For Sale
Days on Market
65
$ / Sqft
$200
Courtesy of Frank Lynch IV,Broker






