2250 Magnolia, Long Beach, California 90806
- $1,200,000
Overview
- Apartment, Residential Income
- 1.0
- 2416 Sqft
- 1934
Description
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.
Address
Open on Google Maps-
Address: 2250 Magnolia
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90806
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Country: US
Details
Updated on July 3, 2026 at 1:50 am-
Property ID SB26142307
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Price $1,200,000
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Property Size 2416 Sqft
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Land Area 0.1492 Acres
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Garage 1.0
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Year Built 1934
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Property Type Apartment, Residential Income
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Property Status Active
Additional details
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Listing Terms Conventional, FHA, Government Loan
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Sewer Public Sewer
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Heating Fireplace(s)
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Flooring Wood
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Sidewalks, Urban
Mortgage Calculator
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