2010 Magnolia Avenue, Long Beach, California 90806
  • $1,495,000

Overview

Property ID: PW24220381
  • Apartment, Residential Income
  • Property Type
  • 5.0
  • Garages
  • 4191 Sqft
  • Area Size
  • 1967
  • Year Built

Description

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!

  • Address: 2010 Magnolia Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90806
  • Area: Wrigley Area (WR)
  • Country: US

Details

Updated on December 11, 2024 at 11:25 pm
  • Property ID PW24220381
  • Price $1,495,000
  • Property Size 4191 Sqft
  • Land Area 0.1463 Acres
  • Garages 5.0
  • Year Built 1967
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
  • Sewer Private Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Sidewalks

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