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1454 Magnolia — photo 1
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Units

4

Building Size

2,800 sf

Lot Size

4,735 sf

Status

Active

Long Beach

1454 Magnolia

About This Property

Seller is willing to contribute up to $20,000 towards closing costs. This can be used to buy down your rate! 4plex in the heart of Long Beach. This property features four 1-bedroom, 1-bath units, with the potential of turning each of them into 2 bedroom units. Two vacant units now. The building has a functional layout and a central front entry, providing straightforward management and leasing. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. Located in the Washington neighborhood of Long Beach, the property benefits from a highly walkable location (Walk Score ~93) with easy access to shopping, dining, public transportation, and major commuter routes.

Unit Mix

  • 1 unit · 1bd / 0ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Listing courtesy of Vic Steele, Broker

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$979,000

Est. Monthly Payment

$6,256/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Vic Steele

Vic Steele, Broker