Description

Seller is willing to contribute up to $20,000 towards closing costs. This can be used to buy down your rate! 4plex in the heart of Long Beach. This property features four 1-bedroom, 1-bath units, with the potential of turning each of them into 2 bedroom units. Two vacant units now. The building has a functional layout and a central front entry, providing straightforward management and leasing. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. Located in the Washington neighborhood of Long Beach, the property benefits from a highly walkable location (Walk Score ~93) with easy access to shopping, dining, public transportation, and major commuter routes.

Property details

Year built

1918

Property type

Residential Income

Lot size

4,735 sqft

Location

1454 Magnolia • Long Beach, CA 90813

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Listed by

Vic Steele · Vic Steele, Broker

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Closed sales reported in 90813, nearest first, last 12 months. All recent sales in Long Beach →

Residential Income - 1454 Magnolia, Long Beach, CA