2421 Magnolia
Property Overview
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.
Home Details
- Property type
- Residential Income - Mixed Use
- Year built
- 1942
- Lot size
- 6,000 sq ft
- Parking
- 1 spaces
- Garage
- 1 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Appliances
- Gas Range
Parking
- Assigned
Pool
- None
Lot
- Two To Five Units Acre
- Front Yard
- Sprinklers In Rear
- Sprinklers In Front
- Lawn
- Landscaped
- Sprinklers On Side
- Street Level
Community, Schools & Utilities
Community
- Subdivision
- Wrigley Area (WR)
- Fireplace
- Yes
Utilities
- Heating
- ForcedAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2421 Magnolia
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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