548 Magnolia

Long Beach, CA 90802
Property listed by Buckingham Investments, Inc, Johnny Chacon 323-719-4908
$1,349,000
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 forRead MoreRead Less
Listing Snapshot
Days Online
9
Last Updated
Property Type
Quadruplex
Lot Size
0.08 Acres
Year Built
1922
MLS Number
SB26147859
Property Location Map
Additional Details
Building
Built in 1922, 1 building, 2 stories, Entry level: 1, Entry location: /
Community
Sidewalks
Fireplaces
None
Garage
1 spaces
Income
Gross Income: $94,443, Gross ScheduledIncome: $89,940, Net Operating Income: $55,337
Laundry
WasherHookup, Inside
Lot
0.0796 acres, Walkstreet
Parking
1 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7280001005, Tax Block: 60, Lot: 6
Tenant Pays
CableTv, Electricity, Gas, ParkingFee
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Laura Grabher
Listing Specialist
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.