2010 Magnolia Avenue, Long Beach, CA 90806
Property
Sold December 2024
Listing Agent: Spencer Pabst (DRE #01849377) · Listing Office: Pabst, Kinney & Associates · Contact: 562-884-6875 · Bought with: Timothy McClone · eXp Realty of California Inc · MLS #PW24220381 · Source: CRMLS
About this property
Charming Statewide fourplex in the desirable Wrigley area of Long Beach. 2010 Magnolia Ave. is a well-maintained, all electric 4 unit building. The property is comprised of (1) 3bd/2bth unit, and (3) 2bd/1bth units, two double car garages and one single car garage. Current rental income per unit is as follows: $2,795, $2,150, $2,150, $1,900. The 3bd/2bth unit, and one of the 2bd/1bth units have been remodeled in the last few years. The two units at $2,150 are Section 8 tenants who have been tenants at the property since the current owners acquired the building. An attractive investment opportunity for a new owner! The property is in an excellent location in South Wrigley neighborhood of Long Beach, just 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. Seller will consider Concessions with Offer!
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history