2010 Magnolia Avenue

Long Beach, CA 90806

$1,495,000

List Price

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1967

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Property Description

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!

Listing Information

List Price $1,495,000
Status Active Under Contract
MLS PW24220381
Type Residential Income
Subtype Apartment
Year Built 1967
Lot Size 6,375
Structure Size N/A
DOM 13
Courtesy Of Pabst, Kinney & Associates
Listing Agent Spencer Pabst DRE#01849377

Interior Features

Laundry Information
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Exterior Information

Maps

Listing information courtesy of: Spencer Pabst, Pabst, Kinney & Associates . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 6th, 2024 at 7:15 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.