2535 Magnolia Ave

Long Beach, CA 90806

Active Under Contract

Multifamily

Virtual Tour

$1,350,000

Exceptional Turnkey Fourplex Investment in the Heart of Long Beach! Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach's most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding… Read MoreRead Less

Property listed by BHHS CA Properties, Shereen El Husseini 714-463-5140

Listing Snapshot

Days Online

Last Updated

Jul 12, 2026

Property Type

Quadruplex

Lot Size

0.14 Acres

Year Built

1942

MLS Number

PW26121782

Additional Details

Building

Built in 1942, 1 building, 2 stories, Entry level: 1, Entry location: front

Community

Urban

Cooling

CentralAir

Expenses

Gardener: $1,200, Operating: $4,000, Trash: $1,500

Floors

Carpet, Laminate

Garage

4 spaces

Heating

Central

Home Owner's Association

Association Fee: $0

Income

Gross Income: $115,000, Gross ScheduledIncome: $115,000, Net Operating Income: $111,000

Laundry

CommonArea

Lot

0.1405 acres, TwoToFiveUnitsAcre

Parking

4 total parking spaces

Pool

None

Sewer

PublicSewer

Taxes

Additional parcels description:, Parcel Number: 7202022013, Tax Block: 6, Lot: 24

Tenant Pays

AllUtilities

Utilities

ElectricityConnected, NaturalGasConnected, WaterConnected, Water Source: Public, 5 separate electric meters, 5 separate gas meters, 5 separate water meters

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Based on information from California Regional Multiple Listing Service, Inc. as of Jul 12, 2026 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.

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