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2421 Magnolia, Long Beach CA 90806
2421 Magnolia, Long Beach CA 90806
California>Long Beach>South Wrigley

2421 MagnoliaLong Beach, CA 90806

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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 addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

Listed by Frank Lynch

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License #01391760

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Frank Lynch IV,Broker

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562-565-4801

Last updated September 04, 2026

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Source: bridgeMLS #CRRS26193414

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Wrigley
  • Bedrooms3
  • Days on Prevu11
  • Size3,516 sqft
  • Price per sqft$341

Amenities

  • Parking

Location

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Listing History

09/04/2026
Listed by Frank Lynch IV,Broker
$1,200,000
  1. 09/04/2026$1,200,000
    Listed by Frank Lynch IV,Broker

Property Details for 2421 Magnolia

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1942
  • Exterior Features: Front Yard, Sprinklers Front, Sprinklers Side, Other

Measurements

  • Building Area Total: 3,516
  • Lot Features: Other, Front Yard, Landscaped, Sprinklers In Rear
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,000
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 7202021022

Interior

Features

  • Flooring: Laminate

Measurements

  • Living Area: 3,516
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 3

Parking

Parking

  • Parking Features: Assigned

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 3 bedrooms in this multi-family home at 2421 Magnolia.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,516 sqft.

2421 Magnolia is a 3-bedroom multi-family home for sale in Long Beach CA 90806. On Prevu for 11 days at $1,200,000. This home features 3,516 square feet of living space, located in South Wrigley. The median listing price for multi-family homes in this area is $897,450. Additional amenities include parking. Explore more multi-family home listings in Long Beach.

Based on information from bridgeMLS 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.