Stacey Alysson Melman

2535 Magnolia Ave Long Beach CA 90806 MLS #PW26121782

2535 Magnolia Ave
Long Beach, CA, 90806
$1,350,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
MLS #PW26121782 image #0
Exceptional Turnkey Fourplex Investment in the Heart of Long Beach!

Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach’s most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding flexibility for investors seeking strong returns.

The current mid-term rental model offers strong occupancy, management flexibility, and the opportunity to adjust rents to market rates without inheriting long-term tenant commitments.

Each unit is thoughtfully designed for comfort and convenience, featuring a combination of stylish laminate and carpet flooring, air conditioning and heating, and furnishings that are negotiable, making this a truly turnkey opportunity. The property also includes four private garages, a highly sought-after amenity that adds value for both tenants and guests.
Ideally situated near Downtown Long Beach, local beaches, restaurants, shopping, entertainment, and major transportation corridors, this property appeals to traveling professionals, corporate tenants, students, and long-term residents alike. Easy access to major freeways, public transit, and employment hubs enhances its rental demand and long-term appreciation potential.
Whether you’re looking to continue the current mid-term rental model, explore short-term rental opportunities where permitted, or transition to traditional rentals, this versatile property offers multiple paths to maximize income.
AGENT: Shereen El Husseini
LISTING BROKERAGE: BHHS CA Properties
2535 Magnolia Ave
Long Beach, CA

Property Details

Price:
$1,350,000
MLS #:
PW26121782
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Jun 4, 2026
Total Sq Ft:
3,280
Lot Size:
6,121 sqft / 0.14 acres (approx)
Year Built:
1942
5 – Wrigley Area5wrigleyareaWrigley Area Wr
Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
CA
Flooring
LAM, CARP
Heating
CF
Laundry Features
AR

Exterior

Common Walls
_2CW
Community Features
URB
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Net Operating Income
$111,000

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# PW26116112broker reciprocity
1117 Euclid
Long Beach, CA

$1,750,000

3.2 miles away

broker reciprocity
MLS# PW26114417broker reciprocity
4705 Whitewood
Long Beach, CA

$1,750,000

4.5 miles away

broker reciprocity
MLS# PW26106793broker reciprocity
24 Lindero
Long Beach, CA

$1,750,000

3.4 miles away

broker reciprocity
MLS# PW26060701broker reciprocity
4255 N Bellflower
Long Beach, CA

$1,750,000

4.8 miles away

broker reciprocity
MLS# PW26056871broker reciprocity
3 Euclid AV
Long Beach, CA

$1,750,000

4.1 miles away

broker reciprocity
MLS# OC26090983broker reciprocity
1048 E Broadway
Long Beach, CA

$1,749,000

2.6 miles away

broker reciprocity
MLS# PW26083553broker reciprocity
1310 E Hellman
Long Beach, CA

$1,725,000

2.3 miles away

broker reciprocity
MLS# PW26070133broker reciprocity
28 Argonne AV
Long Beach, CA

$1,725,000

4.7 miles away

broker reciprocity
MLS# SB26104278broker reciprocity
1922 Locust
Long Beach, CA

$1,700,000

0.9 miles away

broker reciprocity
MLS# RS26098393broker reciprocity
3618 Bouton DR
Lakewood, CA

$1,699,000

3.8 miles away