$1,200,000
 $6,442 est/mo Sourced by Back At You

2421 Magnolia,Long Beach, CA 90806

Long Beach, CA 90806

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Description

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.

Details

MLS #RS26193414
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1942
Days On Site61
Listing Provided ByFrank Lynch IV,Broker | Frank Lynch

Features

SQ Feet3,516
Garage1
Story(s)2
Units4
Building(s)1
Acreage0.14

Interior

HeatingForced Air
Heating Yes / NoYes
AppliancesGas Range
Fireplace Yes / NoYes

Exterior

RoofNone
Lot FeaturesTwo To Five Units Acre, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Sprinklers On Side, Street Level
FencingNone

Parking

Parking FeaturesAssigned
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesBiking, Suburban, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,200,000
low | high
Med:
$889,500
75.875% of Average
sqft:
3,516
low | high
Med:
1,303
100% of Average
$ / sqft:
$341
low | high
Med:
$687
51.172479240807% of Average
On site:
61
low | high
Med:
44.5
100% of Average
Sourced by Back At You

Market Activity 90806

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Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,200,000
low | high
Med:
$889,500
75.875% of Average
sqft:
3,516
low | high
Med:
1,303
100% of Average
$ / sqft:
$341
low | high
Med:
$687
51.172479240807% of Average
On site:
61
low | high
Med:
44.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $900K - $1.5M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
2217 San Francisco Avenue Property Photo 1
$1,490,000
2217 San Francisco Avenue
Long Beach, CA 90806
2217 San Francisco Avenue Property Photo 1
$1,490,000
2217 San Francisco Avenue
Long Beach, CA 90806
Listing Updated: September 29, 2026 at 6:36:55 PM PDT