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Listed by Shereen El Husseini, DRE #02004103 • BHHS CA Properties
$1,350,000
Est. payment /mo
6,121 Sqft Lot
New
2535 Magnolia Ave Long Beach, CA 90806
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26121782
Year Built 1942
Lot Size 6,121 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional Turnkey Fourplex Investment in the Heart of Long Beach! Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach's most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding flexibility for investors seeking strong returns. The current mid-term rental model offers strong occupancy, management flexibility, and the opportunity to adjust rents to market rates without inheriting long-term tenant commitments. Each unit is thoughtfully designed for comfort and convenience, featuring a combination of stylish laminate and carpet flooring, air conditioning and heating, and furnishings that are negotiable, making this a truly turnkey opportunity. The property also includes four private garages, a highly sought-after amenity that adds value for both tenants and guests. Ideally situated near Downtown Long Beach, local beaches, restaurants, shopping, entertainment, and major transportation corridors, this property appeals to traveling professionals, corporate tenants, students, and long-term residents alike. Easy access to major freeways, public transit, and employment hubs enhances its rental dema
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 7202022013
Special Listing Condition Not Applicable
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