2250 Magnolia, Long Beach, CA 90806
2250 Magnolia, Long Beach, CA 90806
2250 Magnolia, Long Beach, CA 90806
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,150,000
Est. payment /mo
6,499 Sqft Lot
Save

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26142307

HOA Y/N No

Year Built 1934

Lot Size 6,499 Sqft

Property Sub-Type Apartment

Property Description

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 $62,040 and pro forma scheduled gross income of approximately $63,600. 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.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Interior

Heating Fireplace(s)

Flooring Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Gas Range

Laundry Inside

Exterior

Parking Features Assigned

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7205024006

Acceptable Financing Conventional, FHA, Government Loan

Listing Terms Conventional, FHA, Government Loan

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc. 310-259-7556, DRE #02035763

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Lucio Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

2250 Magnolia

Quick Search - VC
More
Quick Search - OC
More