2250 Magnolia, Long Beach, CA, 90806

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$1,099,000
101 Days On Site

2250 Magnolia
Long Beach, CA 90806

For Sale|Apartment|Active
0
Beds
0
Total Baths
2,416
SqFt
$455
/SqFt
1934
Built
County:
Los Angeles
Listed by Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. cameron@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
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TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

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Listing Snapshot
Price 
$1,099,000
Days On Site 
101 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,416 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1492 Acres
Year Built 
1934
MLS® Number 
SB26142307
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $1,099,000
a month agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
0.1492
Garage 
Yes
Garage Spaces 
1
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
1
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2416
Water Source 
Public
Interior Features
Appliances 
Gas Range
Fireplace 
Yes
Fireplace Features 
Family Room
Flooring 
Wood
Heating 
Fireplace(s)
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
5 - Wrigley Area
Financing Terms Available 
ConventionalFHA
Building Access 
Front


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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