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1454 Magnolia AvenueLong Beach, CA 90813

For Sale

$1,100,000

Smart Buyer Rebate $11,000

Well-maintained 4-plex located in the heart of Long Beach. This property offers four spacious units, perfect for investors or owner-occupiers looking to generate steady rental income. Each unit features 1 bedroom and 1 bathroom, making it ideal for tenants seeking comfort and convenience. The property is situated in a highly desirable area, close to schools, shopping, dining, and public transportation.

Listed by Vic Steele

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License #01349863

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Vic Steele, Broker

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714-240-3693

Last updated January 21, 2025

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Source: CRMLS #PW24217391

Listing Facts

  • TypeMulti-family
  • NeighborhoodWashington School
  • Days on Prevu321

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/22/2025
Status changed to Active
$1,100,000
01/15/2025
Status changed to In Contract
$1,100,000
10/20/2024
Listed by Vic Steele, Broker
$1,100,000

Property Details for 1454 Magnolia Avenue

Association

Amenities

  • Community Features: Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1918
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 2,800
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.10
  • Lot Size Area: 4,735
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,735
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $75,149.00
  • Operating Expense: $6,451.00

Taxes

  • Parcel Number: 7269040005

Other

Features

  • Accessibility Features: Parking

Location

  • Tax Block: A
  • Tax Lot: 5

Parking

Parking

  • Parking Features: Off Street, One Space, On Street
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.