2010 Magnolia Avenue
Long Beach, CA, 90806
$1,495,000
Beds
0 Baths
SqFt
0.15 Acres
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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!

Property Details

Price:
$1,495,000
MLS #:
PW24220381
Status:
Active Under Contract
Baths:
0
Address:
2010 Magnolia Avenue
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
City:
Long Beach
Listed Date:
Oct 24, 2024
State:
CA
ZIP:
90806
Lot Size:
6,375 sqft / 0.15 acres (approx)
Year Built:
1967
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Sidewalks
Garage Spaces
5.00
Lot Features
Rectangular Lot
Parking Spots
5.00
Pool Features
None
Sewer
Private Sewer
Stories Total
2
Water Source
Public

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2010 Magnolia Avenue
Long Beach, CA