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Listed by 714-463-5140 - Shereen El Husseini - DRE #02004103 - BHHS CA Properties 714-998-8810

$1,649,000

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2535 Magnolia Avenue Long Beach, CA 90806

Fourplex Residence

Beds

Baths

3,280 Sq. Ft.

0.14 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 9/28/2024 8:20 AM

Listing Details

Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. With 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 b...ath 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. Continue reading

MLS#

PW24093192

Property Type

Fourplex

Status

Year Built

1942

Square Feet

3,280 sq. ft

Lot Size

0.14

Sewer