2010 Magnolia Avenue, Long Beach, CA 90806

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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!


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2010 Magnolia Avenue
City Long Beach
State CA
Zip 90806
County Los Angeles
Listing Agent Spencer Pabst DRE #01849377
Courtesy Of Pabst, Kinney & Associates
List Price $1,495,000
Status Active Under Contract
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 6,375
Year Built 1967

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.