2421 Magnolia
Long Beach, CA, 90806
$1,200,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
MLS #RS26193414 image #0
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.

Property Details

Price:
$1,200,000
MLS #:
RS26193414
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Sep 4, 2026
Total Sq Ft:
3,516
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1942
Parking Total5 – Wrigley Area5wrigleyareaWrigley Area Wr

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Schools

Interior

Appliances
GR
Flooring
LAM
Heating
FA
Laundry Features
AR
Levels
U

Exterior

Accessibility Features
NO
Common Walls
_1CW
Community Features
SDW, SUB, BIKI
Fencing
NO
Garage Spaces
1
Parking Spots
1
Parking Total
1
Roof
NON

Financial

Net Operating Income
$81,510

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Sep 05, 2026
784
Single Family Listed
72
Avg DOM
492
Avg $ / SqFt
$1,191,210
Avg List Price

Property Summary

    Located in the Wrigley Area (WR) subdivision, 2421 Magnolia Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $1,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1942. The average price per square foot for Single Family listings in Long Beach is $492. The average listing price for Single Family in Long Beach is $1,191,210.

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