32
  • Property Type
  • Residential Income
  • 4.00
  • Garages
  • Area Size
  • 1942
  • Year Built
2535 Magnolia Avenue, Long Beach, CA 90806
  • $1,699,000
  • $518

Description

Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. Recently taken off the market for extensive upgrades, this charming property is now ready to impress.
The building features a well-balanced mix of units, including 2 spacious two-bedroom/1 bath units and 2 cozy one-bedroom/1 bath units. Each unit is separately metered, ensuring convenience and privacy for tenants.

In addition to the units, the property boasts four single -car garages, a dedicated laundry room, and a storage area. Enjoy the added perk of a beautiful lemon tree in the backyard, providing a refreshing touch of nature.

Significant Recent upgrades include fresh paint inside and out, new window replacements, an upgraded electrical panel, and a new roof. Additionally, new air conditioning units, heaters, and laminate flooring, enhancing comfort and modernity throughout the building for the new owner.
Located moments away from the Blue Line Station on Willow, Long Beach Memorial Hospital, and a vibrant shopping center, this property is ideally situated for tenants and investors alike.

Schedule your showing today to experience the charm and potential of this turnkey property!

Don’t miss out on this rare find—a great location on a great street, with a fully updated building, excellent income potential.

  • Address: 2535 Magnolia Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90806
  • Area: 5 - Wrigley Area
  • Country: United States

Details

Updated on May 24, 2024 at 10:03 am
  • Property ID SGR-32530609
  • Price $1,699,000
  • Land Area 6121.00 m²
  • Garages 4.00
  • Year Built 1942
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 3280.00
  • MLS# PW24093192
  • Office Name BHHS CA PROPERTIES
  • Agent Name Shereen El Husseini
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 02004103

Additional details

  • Sewer Public Sewer
  • County Los Angeles
  • Property SubType Quadruplex
  • Parking 4.00
  • Water Source Public

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Sankofa Global Realty
  • Sankofa Global Realty

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