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$1,349,000 -$100,000 (-6.9%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 14 hours ago
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548 Magnolia Ave is an exceptional 4-unit investment property located in the heart of Downtown Long Beach. The property features four spacious 1-bedroom units (approximately 1,090 square feet each). Situated in an appreciating neighborhood with increasing demand, this well-maintained and professionally managed asset is ideal for an investor looking for a turnkey property while securing 30-year fixed financing. Additionally, the roof was recently replaced. Schedule a showing Today!

Full Property Details for 548 Magnolia

General

  • Price: $1,349,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26147859
  • Updated: 8/13/2026
  • Days on Market: 5 days
  • Added to Site: 5 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside, Washer Hookup

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 1

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: Magnolia / 6th Street

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: /
  • Square Feet: 4,364
  • Year Built: 1922

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.0796
  • Lot Size (Sq. Ft.): 3,466
  • Lot Size Source: Assessor
  • Lot Description: Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $309.12
  • Price Per Unit: 337250

Listed by Buckingham Investments, Inc, Johnny Chacon

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Listing agent

— 548 Magnolia —

  • Johnny Chacon

    Buckingham Investments, Inc

323-719-4908

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 548 Magnolia

School District:Long Beach Unified School District
NameGradesDistance
Chavez Elementary School, Long Beach, CA
730 West 3rd Street, Long Beach, CA 90802
K-50.3 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.8 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Avenue, Long Beach, CA 90810
9-121.7 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 548 Magnolia Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/08/2026
Price Reduced
$1,349,000
-6.9%
MLS
8/01/2026
Listed
$1,449,000
98.49%
MLS
8/24/2016
Sold
$730,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 548 Magnolia

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,730
6%
$847,219
4%
2023
$11,020
6%
$814,323
2%
2022
$10,355
2%
$798,357
2%
2021
$10,129
—
$782,704
1%
2020
$10,102
1%
$774,679
2%
2019
$9,984
3%
$759,491
2%
2018
$9,703
1%
$744,600
2%
2017
$9,601
4%
$730,000
-1%
2016
$9,190
21%
$740,000
19%
2015
$7,626
1%
$622,187
18%
2014
$7,586
17%
$527,383
-13%
2013
$6,497
—
$603,431
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Buckingham Investments, Inc, Johnny Chacon

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548 Magnolia, Long Beach, CA 90802 (MLS# SB26147859) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 548 Magnolia is currently listed for $1,349,000 and was received on August 08, 2026. Want to learn more about 548 Magnolia? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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