2421 Magnolia
Long Beach, CA 90806
3
Bed
2
Bath
6,000Sqft(Lot)
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 ad
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: NoneAppliances: GasRangeLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: ForcedAir
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Building Information
Year Built: 1942Building Area Total: 3516Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6000 Lot Size Acres: 0.1377 Lot Size Source: Assessor Lot Size Square Feet: 6,000 Lot Description: TwoToFiveUnitsAcre,FrontYard,SprinklersInRear,SprinklersInFront,Lawn,Landscaped,SprinklersOnSide,StreetLevelProperty Information
Subdivision: Wrigley Area (WR) Source Property Type: ResidentialIncome Postal Code Plus 4: 9080 Property SubType: Mixed Use Levels: Two Property Age: 84
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Listing Price Information
Listing Price: $1200000CashToNewLoan, Conventional
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Tax Information
Parcel Number: 7202021022 Tax Lot: 22 Tax Block: 12
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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: Take Willow to Magnolia and go west .3 miles. WaterSource: Public
How much is this property worth?
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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 @ 20:42
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