2535 Magnolia Avenue

Long Beach, CA 90806

$1,649,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $502 / sqft

1942

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information

Listing Information

Address 2535 Magnolia Avenue
City Long Beach
State CA
Zip 90806
County Los Angeles
Listing Agent Shereen El Husseini DRE#02004103
Courtesy Of BHHS CA Properties
MLS PW24093192
List Price $1,649,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 6,121
Year Built 1942
DOM 47

Exterior Information

Maps

Listing information courtesy of: Shereen El Husseini, BHHS CA Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 30th, 2024 at 11:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.