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
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
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
Financial
Map
Community
- Address2010 Magnolia Avenue Long Beach CA
- Area5 – Wrigley Area
- SubdivisionWrigley Area (WR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90806
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Courtesy of Pabst, Kinney & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2010 Magnolia Avenue
Long Beach, CA
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