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Stacey Alysson Melman

2250 Magnolia
Long Beach, CA, 90806
$1,150,000
Beds
0 Baths
0 SqFt
0.15 Acres
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MLS #SB26142307 image #0
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.
AGENT: Cameron Samimi
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
2250 Magnolia
Long Beach, CA

Property Details

Price:
$1,150,000
MLS #:
SB26142307
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
5wrigleyarea
Listed Date:
Aug 21, 2026
Total Sq Ft:
2,416
Lot Size:
6,501 sqft / 0.15 acres (approx)
Year Built:
1934
Parking Total5 – Wrigley Area5wrigleyarea
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Schools

Interior

Appliances
GR
Flooring
WOOD
Heating
FIR
Laundry Features
IN
Levels
U

Exterior

Common Walls
_1CW
Community Features
SDW, URB
Garage Spaces
1
Parking Spots
1
Parking Total
1

Financial

Gross Operating Income
$60,179
Maintenance Fee
$1,300
Net Operating Income
$38,284

Map

Community

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