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$1,200,000

FOR SALE
Active

2421 Magnolia

Long Beach, CA

MLS# RS26193414

Mixed Use
63 days on marketNalren refreshed

Listing Agent

Frank Lynch

Listing Agent

Frank Lynch IV,Broker

DRE #: 01391760

(562) 565-4801

Brokerage: Frank Lynch IV,Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1942

Year Built

6,000 sqft

Lot Size

N/A

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Mixed Use

Property Type

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.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
Community Laundry
Appliances
Gas Range
Flooring
Laminate

Exterior

Private Pool
No
Roof
None
Fencing
None
Lot Features
2–5 Acre Lot, Front Yard, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Street Level

Building

Year Built
1942
Building Area Total
3,516
Levels
Two
Stories Total
2

Utilities

Heating
Forced Air
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
1
Parking Features
Assigned
Parking Total
1

Community / HOA

HOA
No
Association Fee
$0

Accessibility / Green

Accessibility Features
None

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