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!
| MLS # | SB26147859 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 24 |
| Listing Provided By | Buckingham Investments, Inc | Johnny Chacon |
| SQ Feet | 4,364 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.08 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Walkstreet |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $1,349,000 low | high Med: $1,900,000 sqft: 4,364 low | high Med: 3,692 $ / sqft: $309 low | high Med: $613 On site: 24 low | high Med: 30 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Alamitos Beach (AB) |
| Listing VS Median (in Alamitos Beach (AB)) | |
Price: $1,349,000 low | high Med: $1,900,000 sqft: 4,364 low | high Med: 3,692 $ / sqft: $309 low | high Med: $613 On site: 24 low | high Med: 30 | |
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