$1,350,000

2535 Magnolia Ave, Long Beach, CA 90806

3,280 sqft

Multi-Family Home
Built in 1942
6,120sqft lot
4 car garage
$412/sqft
Listed 9 days ago

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 demand and long-term appreciation potential. Whether you're looking to continue the current mid-term rental model, explore short-term rental opportunities where permitted, or transition to traditional rentals, this versatile property offers multiple paths to maximize income.

Listing Status:: Active
Date Added:: June 4, 2026
Data Last Updated:: June 13, 2026 at 8:16PM
Listing Office:: BHHS CA Properties : 714-998-8810
Listing Agent:: Shereen El Husseini : 714-463-5140
MLS ID:: PW26121782

Laundry: Common Area
Flooring: CarpetLaminate
A/C: Central Air
Heating: Central

Pool: None
Parking: Parking spaces: 4

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 7202022013

Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Shereen El Husseini , BHHS CA Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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