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Felicia Morales

felicia@luminabroker.com +1(951) 760-8307

$ 1,495,000

Est. payment -/mo

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2010 Magnolia AVE Long Beach, CA 90806

4,191 SqFt

UPDATED:

10/24/2024 05:34 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,191 sqft

Price per Sqft $356

Subdivision Wrigley Area (Wr)

MLS Listing ID PW24220381

HOA Y/N No

Year Built 1967

Lot Size 6,372 Sqft

Acres 0.1463

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

Area 5 - Wrigley Area

Zoning LBR2N

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Private Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7209031008

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Spencer Pabst • Pabst, Kinney & Associates • 562-884-6875

Felicia Morales

Broker | License ID: 01471238

+1(951) 760-8307

Felicia Morales

2010 Magnolia AVE Long Beach, CA 90806

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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2010 Magnolia AVE