2250 Magnolia
Long Beach, CA 90806
4
Bed
2
Bath
6,501Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: GasRangeLaundry Features: Inside -
Heating & Cooling
Has Heating: Yes Heating: Fireplaces
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Building Information
Year Built: 1934Building Area Total: 2416Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6501 Lot Size Acres: 0.1492 Lot Size Source: Assessor Lot Size Square Feet: 6,501 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1099000Original Price: $1200000Conventional, FHA, GovernmentLoan
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Tax Information
Parcel Number: 7205024006 Tax Lot: 6 Tax Block: 5
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Virtual Tour
Parking Information
Parking Total: 1 AssignedGarage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: 710 Freeway, Exit Willow St and head east on W Willow St. Continue east to Magnolia Ave, then turn right/south on Magnolia Ave. The property will be on your left. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1211 E Leigh Court, Long Beach, CA, 90806 | $635,000 | 3 | 2 | 2,000 | 2,327 Sqft |
| 1125 E Salt Lake Street, Long Beach, CA, 90806 | $585,000 | 2 | 1 | 850 | 5,207 Sqft |
| 2321 Myrtle Avenue, Long Beach, CA, 90806 | $800,000 | 4 | 2 | 1,585 | 6,460 Sqft |
| 910 E 19th Street, Long Beach, CA, 90806 | $754,000 | 4 | 3 | 1,492 | 5,854 Sqft |
| 2267 Lime Avenue, Long Beach, CA, 90806 | $724,900 | 3 | 2 | 1,008 | 5,240 Sqft |
| 2174 Linden, Long Beach, CA, 90806 | $850,000 | 3 | 2 | 1,444 | 5,414 Sqft |
| 1844 Atlantic Avenue, Long Beach, CA, 90806 | $1,100,000 | 5 | 5 | -- | 4,890 Sqft |
| 400 E 21st, Long Beach, CA, 90806 | $615,000 | 3 | 1 | 887 | 2,298 Sqft |
| 3133 Cedar Avenue, Long Beach, CA, 90806 | $989,997 | 3 | 2 | 1,417 | 5,402 Sqft |
| 2320 Locust, Long Beach, CA, 90806 | $485,000 | 2 | 1 | 680 | 1,512 Sqft |
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ByOwner last updated this listing 09/06/2026 @ 17:30
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