2421 Magnolia

Long Beach, CA 90806

  • $1,200,000

    Price

  • 3

    Bed

  • 2

    Bath

  • 3,516

    SqFt

  • 0.14

    Acre

Listing Provided Courtesy of Frank Lynch 562-565-4801 - Frank Lynch IV,Broker 562-565-4801

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About the Listing RBIV - RLYNCFR2

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.

Listing Highlights for 2421 Magnolia

Status Active
Days on Site 41
Property Type Multi-Family
MLS ® RS26193414
Year Built 1942
Total Square Footage 3,516
Lot/Acreage 0.14
County Los Angeles
Neighborhood Wrigley Area (WR)
Area 5 - Wrigley Area

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances: Gas Range
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces: Bath,Gas,Kitchen
  • Floor: Laminate
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,Front Yard,Sprinklers In Rear,Sprinklers In Front,Lawn,Landscaped,Sprinklers On Side,Street Level,No Land Lease
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Roof: None
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7202021022
  • Tax Year: N/A

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2421 Magnolia Long Beach, CA 90806

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Listing Courtesy of Frank Lynch 562-565-4801 - Frank Lynch IV,Broker 562-565-4801

Originating MLS: CRMLS

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2421 Magnolia

Long Beach, CA 90806

$1,200,000

3 Bed | 2 Bath | 3,516 SqFt

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2421 Magnolia

Long Beach, CA 90806

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2421 Magnolia

Long Beach, CA 90806

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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