Date
Details
Price
Change
Source
9/04/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,200,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 2421 Magnolia
General
- Price: $1,200,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: RS26193414
- Updated: 9/4/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Fireplace(s): Gas, Kitchen, Bath
- Appliances: Gas Range
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: Take Willow to Magnolia and go west .3 miles.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: None
- Entry Location: Frount
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,516
- Year Built: 1942
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Assessor
- Lot Description: Sprinklers in Front, Sprinklers on the Side, Level with Street, Landscaped, 2-5 Units/Acre, Front Yard, Lawn, Sprinklers in Rear
Financial Considerations
- Price Per Sq. Ft.: $341.3
- Price Per Unit: 300000
Listed by Frank Lynch IV,Broker, Frank Lynch
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Listing agent
— 2421 Magnolia —
Frank Lynch
Frank Lynch IV,Broker
562-565-4801
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 2421 Magnolia
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 | 0.1 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 1.1 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2421 Magnolia
Tax History
Tax History for 2421 Magnolia
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,152
—
$1,336,090
84%
2025
$10,152
33%
$725,034
670%
2024
$7,648
297%
$94,154
2%
2023
$1,925
5%
$92,309
2%
2022
$1,831
4%
$90,500
2%
2021
$1,763
—
$88,727
1%
2020
$1,757
1%
$87,818
2%
2019
$1,736
9%
$86,097
2%
2018
$1,595
1%
$84,410
2%
2017
$1,576
9%
$82,756
2%
2016
$1,450
3%
$81,134
2%
2015
$1,406
-1%
$79,916
2%
2014
$1,420
2%
$78,352
—
2013
$1,386
—
$77,999
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2421 Magnolia
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- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 3Total Baths
- 2,667Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 3Beds
- 2Total Baths
- 1,008Sq. Ft.
- Single Family
- Active
- Updated 14 hours ago
- 3Beds
- 2Total Baths
- 1,410Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 2,184Sq. Ft.
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- Condo
- Active
- Updated 12 hours ago
- 1Bed
- 1Total Bath
- 837Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 1Total Bath
- 1,200Sq. Ft.
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2421 Magnolia, Long Beach, CA 90806 (MLS# RS26193414) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2421 Magnolia is currently listed for $1,200,000 and was received on September 04, 2026. Want to learn more about 2421 Magnolia? 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.