826 MAGNOLIA AVENUE
LONG BEACH, CA 90813
$1,250,000
Number of Units: 4
Type: Multi-Unit Residential

About This Home

Listed By Scott James I Douglas Elliman of CA, Inc.

Great investment opportunity for an investor, developer or owner occupied buyer. The building contains 3 Studios and one 2 Bedroom 1 Bath unit. All units are 100% occupied on a month - month basis. Located in the Willmore City Historic District in the North Pine neighborhood is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes / high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied so perfect for that investor seeking residential income. New separate meters installed recently and all new copper plumbing about to be installed before close of escrow. Also newly painted exterior.

Interior Features

  • Stories: 1
  • Common Walls: 2
  • Laundry: Inside
  • Total Number Of Units: 4

Exterior Features

  • Zoning: LBPD10
  • Dimensions: 80' x 40'
  • Lot Size In Sq Ft: 3206
  • Lot Size In Acres: 0.074
  • Parking Spaces: 1
  • Garage Spaces: 1
  • Has Garage: Yes
  • Septic Or Sewer: Public Sewer
  • Water Source: Public

Location Information

  • County: Los Angeles
  • Builder Tract Code: Other (OTHR)
  • Community: Biking, Curbs
  • Latitude: 33.77715
  • Longitude: -118.197349
  • Directions: Cross streets: 10th Street .. turn on to W Cypress Ct.

Additional Information

  • Property Type: RI
  • Property Subtype: Quadruplex
  • Year Built: 1921
  • Apn: 7272015010
  • Status: Active
  • Lot Square Feet Source: Assessor
  • List Date: 2022-11-04
  • Days On Market: 110

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CalDRE

#01911554
  • LOS ANGELES
  • PASADENA
  • MALIBU
  • BEVERLY HILLS
  • NEWPORT COAST
  • IRVINE
  • TEMECULA
  • NORTHERN CALIFORNIA