2250 Magnolia

Long Beach, CA 90806
  • $1,200,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,416

    SqFt

Open House Times

  • Sun. Jul. 05 at 1:00pm to 3:00pm
  • Sun. Jul. 12 at 11:00am to 2:00pm

About the Listing sb1310620 - SBSAMICAM

TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,772 and pro forma scheduled gross income of approximately $66,000. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® SB26142307
Year Built 1934
Total Square Footage 2,416
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Gas Range
  • Air Cond:
  • Heating: Fireplace(s)
  • Fireplaces: Family Room
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7205024006
  • Tax Year: N/A

Payment Calculator

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Questions About..

2250 Magnolia Long Beach, CA 90806

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Originating MLS: CRMLS

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