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    2535 Magnolia Ave

    Long Beach, CA 90806
    • $1,299,999
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 21-721162
    UPDATED: 24 min ago
    $1,299,999
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,280
      SQFT
    • $396
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Description

    Beautiful 4-Unit Building with spacious units, 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. The building is a short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. All units are separately metered with on-site laundry room. Amazing location and property. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. In the same year they installed new windows, electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T20:42:41.517. 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.
    www.markwiseproperties.com/homes/116276053
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    2535 Magnolia Ave Long Beach, CA 90806

    • Price: $1,299,999
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 21-721162
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,280
    SQFT
    $396
    $/SQFT
    1942
    Built
    Neighborhood:
    Wrigley
    County:
    Los Angeles
    Area:
    Wrigley
    Property Description
    Beautiful 4-Unit Building with spacious units, 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. The building is a short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. All units are separately metered with on-site laundry room. Amazing location and property. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. In the same year they installed new windows, electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.
    Exterior Features

    Lot Size Area 6121 Other Structures Other Parking Garage Carport Attached Total Parking 4

    Interior Features

    Bathroom Features Low Flow Toilet(S) Baths Total 4.00 Cooling Air Conditioning Equipment WasherDryer Heating Central Laundry Community

    Property Features

    Assessed Total Value 1025000 Gross Income 63120 Gross Operating Income 65000 Like Units1 2 Like Units2 2 Net Operating Income 51570.00 Number Of Buildings 1 Number Of Units 4 Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 11550 Type Of Units 4 Year Built Source Vendor Enhanced Zoning Lbr1n

    Listing provided courtesy of Marwa Elhawary DRE# of Meridian Capital Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T20:42:41.517. 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.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270