2535 Magnolia Avenue
Long Beach, CA 90806
0.14 acres | #PW24093192
Description
Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. With 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.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- SubdivisionWrigley Area (WR)
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,699,000
- MLS #PW24093192
- Property SubtypeQuadruplex
- MLS #PW24093192
- Cost1649000
- Acres0.1405
- Utility SourcePublic
- Year Built1942
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Shereen El Husseini (#PWSHEREEN)
Listing Office: BHHS CA Properties (#PB18053)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
