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Stacey Alysson Melman

2421 Magnolia
Long Beach, CA, 90806
$1,200,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #RS26193414 image #0
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.
AGENT:
LISTING BROKERAGE: Frank Lynch IV,Broker
2421 Magnolia
Long Beach, CA

Property Details

Price:
$1,200,000
MLS #:
RS26193414
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Sep 4, 2026
Total Sq Ft:
3,516
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1942
Parking Total5 – Wrigley Area5wrigleyareaWrigley Area Wr
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Schools

Interior

Appliances
GR
Flooring
LAM
Heating
FA
Laundry Features
AR
Levels
U

Exterior

Accessibility Features
NO
Common Walls
_1CW
Community Features
SDW, SUB, BIKI
Fencing
NO
Garage Spaces
1
Parking Spots
1
Parking Total
1
Roof
NON

Financial

Net Operating Income
$81,510

Map

Community

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