2250 Magnolia
Long Beach, CA 90806
0
Bed
0
Bath
2,416Sqft
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 $62,772 and pro forma scheduled gross income of approximately $66,000. 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
Open House
- 07/05 4 PM-6 PM
- 07/12 2 PM-5 PM
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Property Appliances: Gas Range Fireplace: Family Room Flooring: Wood -
Heating Source
Fireplace(s) Has HeatingFireplace
Fireplace Features: Family Room Has Fireplace: 1
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Building Information
Year Built: 1934 Building Area Total: 2,416 -
Pool Features
NoneLaundry Features
Inside
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1492 -
Lot Size Source: Assessor Lot Size Square Feet: 6501
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Listing Price Information
Original List Price: 1,200,000 Listing Contract Date: 2026-06-29 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7205024006
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Garage and Parking
Garage Description: AssignedHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 5 - Wrigley Area Directions: 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. Source Property Type: Residential Income Area: 5 - Wrigley Area Property SubType: Apartment -
Building and Construction
Property Age: 92 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2000 Lewis Avenue, Long Beach, CA, 90806 | $475,000 | 2 | -- | 1,039 | 1,039 SqFt |
| 701 E Vernon, Long Beach, CA, 90806 | $688,000 | 3 | 1 | 1,224 | 1,224 SqFt |
| 910 E 19th Street, Long Beach, CA, 90806 | $754,000 | 4 | 3 | 1,492 | 1,492 SqFt |
| 3250 Chestnut, Long Beach, CA, 90806 | $1,050,000 | 4 | 2 | 1,686 | 1,686 SqFt |
| 2337 Long Beach, Long Beach, CA, 90806 | $1,320,000 | -- | -- | 4,330 | 4,330 SqFt |
| 3133 Cedar Avenue, Long Beach, CA, 90806 | $1,029,999 | 3 | 2 | 1,417 | 1,417 SqFt |
| 2320 Locust, Long Beach, CA, 90806 | $499,000 | 2 | 1 | 680 | 680 SqFt |
| 201 E Eagle Street, Long Beach, CA, 90806 | $879,000 | 5 | -- | 1,914 | 1,914 SqFt |
| 3005 Cedar, Long Beach, CA, 90806 | $999,900 | 3 | 2 | 1,333 | 1,333 SqFt |
| 3148 Magnolia, Long Beach, CA, 90806 | $1,150,000 | 4 | 4 | 2,106 | 2,106 SqFt |
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ByOwner last updated this listing 07/04/2026 @ 20:19
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