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$1,430,000
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Property Description
Charming Statewide fourplex in the desirable Wrigley area of Long Beach. 2010 Magnolia Ave. is a well-maintained, all electric 4 unit building. The property is comprised of (1) 3bd/2bth unit, and (3) 2bd/1bth units, two double car garages and one single car garage. Current rental income per unit is as follows: $2,795, $2,150, $2,150, $1,900. The 3bd/2bth unit, and one of the 2bd/1bth units have been remodeled in the last few years. The two units at $2,150 are Section 8 tenants who have been tenants at the property since the current owners acquired the building. An attractive investment opportunity for a new owner! The property is in an excellent location in South Wrigley neighborhood of Long Beach, just 1.75 miles from the abundance of retail, dining, and entertainment options in Downtown Long Beach. Seller will consider Concessions with Offer!
Full Property Details
Full Property Details for 2010 Magnolia Ave
General
- Sold For: $1,430,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24220381
- Added to Site: 466 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: Magnolia Ave. between 20th Street and 21st Street
Utilities
- Sewer: Private Sewer
- Water: Public
- # Water Meters: 1
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 4,191
- Year Built: 1967
Lot Features
- Lot Size (Acres): 0.1463
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $341.21
- Price Per Unit: 373750
Listed by Pabst, Kinney & Associates, Spencer Pabst
Sold by eXp Realty of California Inc, Timothy McClone
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Schools
Schools serving 2010 Magnolia Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Elementary School, Long Beach, CA 2445 Chestnut Avenue, Long Beach, CA 90806 | K-5 | 0.5 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.6 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2010 Magnolia Ave
Date
Details
Price
Change
Source
12/11/2024
Sold
$1,430,000
-4.35%
MLS
10/24/2024
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2010 Magnolia Avenue, Long Beach, CA 90806 (MLS# PW24220381) is a Multi-Family property that was sold at $1,430,000 on December 11, 2024. Want to learn more about 2010 Magnolia Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.

