2535 Magnolia Avenue
2535 Magnolia Avenue
$1,699,000
6
4
3,280
3,280
$518
Virtual Tour
Description
Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. Recently taken off the market for extensive upgrades, this charming property is now ready to impress. The building features a well-balanced mix of units, including 2 spacious two-bedroom/1 bath units and 2 cozy one-bedroom/1 bath units. Each unit is separately metered, ensuring convenience and privacy for tenants. In addition to the units, the property boasts four single -car garages, a dedicated laundry...Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. Recently taken off the market for extensive upgrades, this charming property is now ready to impress. The building features a well-balanced mix of units, including 2 spacious two-bedroom/1 bath units and 2 cozy one-bedroom/1 bath units. Each unit is separately metered, ensuring convenience and privacy for tenants. In addition to the units, the property boasts four single -car garages, a dedicated laundry room, and a storage area. Enjoy the added perk of a beautiful lemon tree in the backyard, providing a refreshing touch of nature. Significant Recent upgrades include fresh paint inside and out, new window replacements, an upgraded electrical panel, and a new roof. Additionally, new air conditioning units, heaters, and laminate flooring, enhancing comfort and modernity throughout the building for the new owner. Located moments away from the Blue Line Station on Willow, Long Beach Memorial Hospital, and a vibrant shopping center, this property is ideally situated for tenants and investors alike. Schedule your showing today to experience the charm and potential of this turnkey property! Don't miss out on this rare find—a great location on a great street, with a fully updated building, excellent income potential.
- Listed by Shereen El Husseini • DRE #02004103 • Brokerage DRE #01986798 • BHHS CA Properties • 714-463-5140
Property Details for 2535 Magnolia Avenue
Parking Spaces Total
4
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3280
Assessor Parcel Number7202-022-013
Location
LISTING UPDATED: 06/09/2024 09:42 AM
Property Details for 2535 Magnolia Avenue
Status | Active |
---|---|
MLS # | PW24093192 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1942 |
Lot Size | 0.14 AC / 6,121 SF |
County | Los Angeles County |
Location
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Building Information for 2535 Magnolia Avenue
Stories2Residences-Year Built1942Building Size-Lot Size0.14 AC / 6,121 SF
Payment Calculator
$10,462 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2535 Magnolia Avenue
Property History for 2535 Magnolia Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2535 Magnolia Avenue
Taxable ValueLand$630,706Additions$446,750Total$1,077,456
Tax Record2023$14,286 ($1,190 / month)
Home Facts
Total Finished SqFt3,280 SqFtAbove Grade Finished SqFt3,280 SqFtLot Size6,121 SqFtStyleQuadraplexYear Built1942ZoningLBR1NCountyLOS ANGELESAPN7202-022-013
Schools near 2535 Magnolia Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lafayette Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Educational Partnership High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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