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2010 Magnolia Avenue Long Beach, CA 90806
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Key Details
Sold Price $1,430,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,191 sqft
Price per Sqft $341
Subdivision Wrigley Area
MLS Listing ID PW-24220381
Sold Date 12/11/24
Year Built 1967
Lot Size 6,375 Sqft
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!
Location
State CA
County Los Angeles
Zoning LBR2N
Interior
Laundry Common Area, Community
Exterior
Parking Features Gated
Garage Spaces 5.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Sewer Private Sewer
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