Search
2535 Magnolia Ave, Long Beach, CA 90806
Image 2 for 2535 Magnolia Ave, Long Beach, CA 90806
Image 3 for 2535 Magnolia Ave, Long Beach, CA 90806
View Photos

2535 Magnolia Ave Long Beach, CA 90806

$1,699,000
  • 6 Beds
  • 4 Baths
  • 3,280 Sq.Ft.
For Sale
$1,699,000 Get Pre-Qualified
Map preview of 2535 Magnolia Ave, Long Beach, CA 90806

Property Overview: 2535 Magnolia Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 3,280 living square feet and 6,121 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional 4-unit building in Long Beach, offering a prime investment opportunity. Recently taken off the market for extensive upgrades, this charming property is now ready to impress. The building features a well-balanced mix of units, including 2 spacious two-bedroom/1 bath units and 2 cozy one-bedroom/1 bath units. Each unit is separately metered, ensuring convenience and privacy for tenants. In addition to the units, the property boasts four single -car garages, a dedicated laundry room, and a storage area. Enjoy the added perk of a beautiful lemon tree in the backyard, providing a refreshing touch of nature. Significant Recent upgrades include fresh paint inside and out, new window replacements, an upgraded electrical panel, and a new roof. Additionally, new air conditioning units, heaters, and laminate flooring, enhancing comfort and modernity throughout the building for the new owner. Located moments away from the Blue Line Station on Willow, Long Beach Memorial Hospital, and a vibrant shopping center, this property is ideally situated for tenants and investors alike. Schedule your showing today to experience the charm and potential of this turnkey property! Don't miss out on this rare find—a great location on a great street, with a fully updated building, excellent income potential.

Listed by Shereen El Husseini | BRE #02004103 | BHHS CA Properties
Last checked: 12 minutes ago | Last updated: June 10th, 2024 | Source CRMLS | DOM: 29
Get a $5,097 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,097 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,121
HOA Dues
$0/mo
Year built
1942
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24093192
City
Long Beach
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 2535 Magnolia Ave

No upcoming open houses

Schedule Tour

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2535 Magnolia Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7202022013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: w willow st & Mgnolia Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 2535 Magnolia Ave

Last sold for $1,025,000 on September 27th, 2019

  • May, 2024

  • May 15, 2024

    Date

    Active

    CRMLS: PW24093192

    $1,699,000

    Price

  • May, 2024

  • May 8, 2024

    Date

    Canceled

    CRMLS: PW24091013

    $1,675,000

    Price

  • May 7, 2024

    Date

    Active

    CRMLS: PW24091013

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Discover this beautifully renovated 4-unit building nestled in a prime location just steps away from the vibrant Wrigley area of Long Beach. Boasting extensive upgrades both inside and out, this property is a testament to modern comfort and convenience. Recent enhancements include a brand-new roof, fresh exterior paint, and meticulously landscaped grounds. Inside, each unit showcases elegant hardwood flooring and has been thoughtfully updated to meet contemporary standards. With a very short stroll to the Blue Line Station on Willow, Long Beach Memorial Hospital, and a nearby shopping center, the convenience of this location is unparalleled. The building features four detached garages, providing ample parking and storage options for residents. Comprising two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units , this property offers versatility and potential for both investors and homeowners. Additionally, all units are separately metered, and on-site laundry facilities ensure added convenience. Don't miss out on this opportunity to own a turnkey investment in a sought-after neighborhood with a rich history and promising future. today!

  • May, 2024

  • May 7, 2024

    Date

    Canceled

    CRMLS: EV24022130

    $1,699,999

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: EV24022130

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Property was placed on hold for repairs and paint.

  • May, 2024

  • May 2, 2024

    Date

    Expired

    CRMLS: EV24003180

    $2,295

    Price

  • Jan 5, 2024

    Date

    Active

    CRMLS: EV24003180

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    Must See!! -Fantastic Location!!! (Wrigley Area) Lower Level- Upgraded Spacious 1-bedroom 1 Bath with A DEN, Central AIR & HEAT, with newly installed laminate flooring, Spacious kitchen and separate dining. This spacious unit also comes with a refrigerator the option of a private GARAGE. Lovely remolded 4 plex also comes with a laundry facility onsite and a short walk to Long Beach Memorial Hospital, shopping centers and more. This historic location will not last long. Contact me today for your private tour. We Also Have 2 Bedroom - $2795, 1 Bedroom - $2195

  • May, 2024

  • May 2, 2024

    Date

    Expired

    CRMLS: EV24003192

    $2,195

    Price

  • Jan 5, 2024

    Date

    Active

    CRMLS: EV24003192

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    Must See!! -Fantastic Location!!! (Wrigley Area) Lower Level- Upgraded Spacious -1-bedroom 1 Bath, Central AIR & HEAT, with newly installed carpet flooring, Spacious kitchen and separate dining. This spacious unit also comes with a refrigerator the option of a private GARAGE. Lovely remolded 4 plex also comes with a laundry facility onsite and a short walk to Long Beach Memorial Hospital, shopping centers and more. This historic location will not last long. Contact me today for your private tour. (NOTE we also have 2 bedrooms as well)

  • May, 2024

  • May 2, 2024

    Date

    Expired

    CRMLS: EV24003199

    $2,695

    Price

  • Jan 5, 2024

    Date

    Active

    CRMLS: EV24003199

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Must See!! -Fantastic Location!!! (Wrigley Area) Upper Level- Upgraded Spacious -2-bedroom 1 Bath, Central AIR & HEAT, with newly installed carpet flooring, Spacious kitchen and separate dining. This spacious unit also comes with a refrigerator the option of a private GARAGE. Lovely remolded 4 plex also comes with a laundry facility onsite and a short walk to Long Beach Memorial Hospital, shopping centers and more. This historic location will not last long. Contact me today for your private tour. (NOTE we also have 1 bedrooms as well)

  • March, 2024

  • Mar 1, 2024

    Date

    Expired

    CRMLS: EV24003155

    $2,895

    Price

  • Jan 5, 2024

    Date

    Active

    CRMLS: EV24003155

    $2,895

    Price

  • Listing provided courtesy of CRMLS

    Must See!! -Fantastic Location!!! (Wrigley Area) Lower Level- Upgraded Spacious 2-bedroom 1 Bath, Central AIR & HEAT, with newly installed laminate flooring, Spacious kitchen and separate dining. This spacious unit also comes with a refrigerator the option of a private GARAGE. Lovely remolded 4 plex also comes with a laundry facility onsite and a short walk to Long Beach Memorial Hospital, shopping centers and more. This historic location will not last long. Contact me today for your private tour. (NOTE we also have 1 bedrooms as well)

  • February, 2024

  • Feb 23, 2024

    Date

    Withdrawn

    CRMLS: EV24003223

    $2,595

    Price

  • Jan 5, 2024

    Date

    Active

    CRMLS: EV24003223

    $2,895

    Price

  • Listing provided courtesy of CRMLS

  • September, 2021

  • Sep 17, 2021

    Date

    Expired

    CRMLS: 21750298

    $1,300,000

    Price

  • Jun 17, 2021

    Date

    Active

    CRMLS: 21750298

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 4-Unit Building with spacious units, 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. The building is a short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. All units are separately metered with on-site laundry room. Amazing location and property. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. In the same year they installed new windows, electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.

  • June, 2021

  • Jun 16, 2021

    Date

    Expired

    CRMLS: 21721162

    $1,299,999

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: 21721162

    $1,299,999

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 4-Unit Building with spacious units, 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. The building is a short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. All units are separately metered with on-site laundry room. Amazing location and property. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. In the same year they installed new windows, electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.

  • April, 2021

  • Apr 15, 2021

    Date

    Active

    CRMLS: 21720626

    $1,299,999

    Price

  • Listing provided courtesy of CRMLS

  • August, 2020

  • Aug 18, 2020

    Date

    Active

    CRMLS: 20630328

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 4-Unit Building with spacious units, 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. The building is a short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. All units are separately metered with on-site laundry room. Amazing location and property. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. In the same year they installed new windows, electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.

  • September, 2019

  • Sep 30, 2019

    Date

    Sold

    CRMLS: PW19131812

    $1,025,000

    Price

  • Jul 10, 2019

    Date

    Pending

    CRMLS: PW19131812

    $1,045,000

    Price

  • Jul 2, 2019

    Date

    Active

    CRMLS: PW19131812

    $1,045,000

    Price

  • Jun 28, 2019

    Date

    Pending

    CRMLS: PW19131812

    $1,045,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: PW19131812

    $1,045,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely a fantastic location, very short walk to the Blue Line Station on Willow, Long Beach Memorial hospital and shopping center. This is a lovely 4-unit building with spacious units and has 4-single car garages plus a laundry room and a storage room. There are (2) 2-Bedroom/1 Bath Units & (2) 1-Bedroom/1 Bath Units with a den. All separately metered with on-site laundry room. This is a great location, great street and great building. In 2012 the owners went through a program offered by the City of Long Beach to obtain a clearance that the property is lead free. At that time they installed all new windows. In addition, the electrical panel has been upgraded and the toilets have been replaced with low-flow toilets.

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

  • October, 2000

  • Oct 24, 2000

    Date

    Sold (Public Records)

    Public Records

    $291,000

    Price

Show More

Tax History for 2535 Magnolia Ave

Assessed Value (2020): $1,025,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $425,000 $1,025,000

Home Value Compared to the Market

This property vs the competition

2535 Magnolia Ave is listed 112.4% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $647 and this home is listed at $517.99 per/sqft which puts the price per square foot 19.94% lower than the median price per square foot for the city of Long Beach.

About 2535 Magnolia Ave

Detailed summary of property

2535 Magnolia Ave is a fourplex located in Long Beach, CA 90806 and is currently for sale. This fourplex offers 6 bedrooms, 4 bathrooms, roughly 3,280 living square feet, and sits on an approximately 6,121 square foot lot. 2535 Magnolia Ave was first listed on ArdentRealEstateGroup.com on May 15, 2024. The homeowner is currently asking $1,699,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $647. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 112.4% higher than the median priced home. Local competing homes currently for sale include 219 E 10th St, 1377 Warren Ave and 1000 E 10th St. While the average home in Long Beach, CA is selling in 51 days, 2535 Magnolia Ave has a days on market of 29 days. There are currently 696 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 279 of them are condos and 20 are townhomes. For more information on this home for sale at 2535 Magnolia Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2535 Magnolia Ave

Public county record property details
Beds
6
Baths
4
Year built
1942
Sq. Ft.
3,280
Lot Size
6,120
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
7202-022-013

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$657
Total Inventory
15
Median Sale to List Price %
111.33%
Avg Days on Market
17
Loan Type
Conventional (37.5%), FHA (12.5%), VA (0%), Cash (0%), Other (37.5%)

Tour This Home

Buy with Ardent Real Estate Group and save $5,097.

Image Description
Contact Jon
Long Beach Agent
Call, Text or Message
(714) 706-1823
Get a $5,097 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,097 back.

Call/Text (714) 706-1823

Homes for Sale Near 2535 Magnolia Ave

Nearby Homes for Sale

2490 Chestnut Ave, Long Beach, CA 90806
$1,498,000
6 Beds
0 Baths
3014 Sq.Ft.
2490 Chestnut Ave
Long Beach, CA 90806
2490 Chestnut Ave, Long Beach, CA 90806
$1,498,000
6 Beds
2 Baths
3014 Sq.Ft.
2490 Chestnut Ave
Long Beach, CA 90806
2073 Locust Ave, Long Beach, CA 90806
$1,729,000
12 Beds
8 Baths
5954 Sq.Ft.
2073 Locust Ave
Long Beach, CA 90806
1716 Locust Ave, Long Beach, CA 90813
$1,800,000
14 Beds
8 Baths
4432 Sq.Ft.
1716 Locust Ave
Long Beach, CA 90813
1409 Magnolia Ave, Long Beach, CA 90813
$1,700,000
14 Beds
6 Baths
3992 Sq.Ft.
1409 Magnolia Ave
Long Beach, CA 90813
650 E 15th St, Long Beach, CA 90813
$1,950,000
12 Beds
4 Baths
4158 Sq.Ft.
650 E 15th St
Long Beach, CA 90813
2123 W Columbia St, Long Beach, CA 90810
$1,425,000
8 Beds
7 Baths
3338 Sq.Ft.
2123 W Columbia St
Long Beach, CA 90810
1013 Locust Ave, Long Beach, CA 90813
$1,719,000
7 Beds
6 Baths
4693 Sq.Ft.
1013 Locust Ave
Long Beach, CA 90813

Recently Sold Homes Near 2535 Magnolia Ave

2500 Magnolia Ave, Long Beach, CA 90806
$802,000 Last Sold Price
4 Beds
2 Baths
2338 Sq.Ft.
2500 Magnolia Ave
Long Beach, CA 90806
2533 Eucalyptus Ave, Long Beach, CA 90806
$867,000 Last Sold Price
4 Beds
2 Baths
2696 Sq.Ft.
2533 Eucalyptus Ave
Long Beach, CA 90806
465 W 25Th St, Long Beach, CA 90806
$950,000 Last Sold Price
6 Beds
3 Baths
2236 Sq.Ft.
465 W 25Th St
Long Beach, CA 90806
2449 Magnolia Ave, Long Beach, CA 90806
$1,000,000 Last Sold Price
6 Beds
4 Baths
3297 Sq.Ft.
2449 Magnolia Ave
Long Beach, CA 90806

Related Resources to 2535 Magnolia Ave

New Listings in 90806
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call