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For Sale

$1,200,000

5,998 sqft$200/sqft65 days on market

2421 Magnolia AVE

Long Beach, CA 90806

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Frank Lynch · Listing brokerage (MLS): Frank Lynch IV,Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Frank Lynch IV,Broker