Long Beach, CA 90813,1542 Magnolia AVE
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Long Beach, CA 90813,1542 Magnolia AVE
Long Beach, CA 90813,1542 Magnolia AVE
Long Beach, CA 90813,1542 Magnolia AVE
Long Beach, CA 90813,1542 Magnolia AVE

$915,000

Est. payment /mo

$950,000

3.7%
Est.Price: ?

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1542 Magnolia AVE Long Beach, CA 90813

2,391 Sqft Lot

SOLD DATE : 11/23/2022

Key Details

Sold Price $915,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID OC22113887

Sold Date 11/23/22

HOA Y/N No

Year Built 1952

Lot Size 2,391 Sqft

Property Description

Prime location !! providing a Fantastic opportunities for owner-user this 4 plex two story building consists of 4 units (1) 4 bed, 2 bath (3) 1 bed, 1bath each units are separately metered for gas & electricity. All long term tenants. The building has 1 attached car garage and 4 parking spaces. New owner will enjoy living in a coastal city of Southern California. Close proximity to Downtown Long Beach with plenty of public transportation, close access to 710 Fwy. The beach parks with many amenities and attraction are just minutes away. Long Beach city is in a Renaissance revival due to hundreds of millions of dollars invested in private and public redevelopments. A strong & growing local economy with good employment. This building makes an ideal addition to an investor portfolio. A must see.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4N

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Urban

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7269038032

Security Features Smoke Detector(s)

Acceptable Financing Cash to New Loan, Conventional, Contract

Listing Terms Cash to New Loan, Conventional, Contract

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Phong Nguyen • HPT Realty
Bought with Tam Tran • Luxre Realty, Inc.

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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