$1,200,000

2421 Magnolia, Long Beach, CA 90806

  • 3,516 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon5,998sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $341/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
September 4, 2026
Data Last Updated:
October 10, 2026 at 5:18AM
Listing Office:
Frank Lynch IV,Broker : 562-565-4801
Listing Agent:
Frank Lynch : 562-565-4801
Contact:
562-565-4801
MLS ID:
RS26193414
  • Appliances: Gas Range
  • Laundry: Common Area
  • Flooring: Laminate
  • Heating: Forced Air
  • Fireplace: BathGasKitchenFireplace
  • Disability Feature: None
  • Pool: None
  • Parking: AssignedParking spaces: 1
  • Roofing: None
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 7202021022
  • Fencing: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Frank Lynch , Frank Lynch IV,Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby