2421 Magnolia, Long Beach, CA 90806
Local realty services provided by:ERA Excel Realty
2421 Magnolia,Long Beach, CA 90806
$1,200,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: frank lynch
Office: frank lynch iv,broker
MLS#:RS26193414
Source:MLSListings
Price summary
- Price:$1,200,000
About this home
Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.
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Home facts
- Year built:1942
- Listing ID #:RS26193414
- Added:22 day(s) ago
- Updated:September 28, 2026 at 04:40 PM
Rooms and interior
- Flooring:Laminate
Heating and cooling
- Heating:Central Forced Air
Structure and exterior
- Year built:1942
- Lot area:0.14 Acres
- Lot Features:Greenbelt, Level, Mid Block
- Exterior Features:Sprinklers - Front
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,200,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:Assigned Spaces
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