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4 days ago
No HOA
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Listed by: Nico Rosmarin (424) 226-9449 DRE #02023847 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$3,200,000
1 Bed
1 Bath
10,900sqft
1211 Magnolia Ave, Long Beach, CA 90813
$3,200,000
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Apartment
Built in 1930
$-- HOA
8,737 sqft lot
$294/sq.ft
Description
We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property
features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside
through modest rent growth and potential garage-area ADUs.
At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate
and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well-
renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalizatio...
- Houzeo last checked: 12 minutes ago
- Listing updated: September 9, 2026 at 11:07 pm
- Source: California Regional MLS-CA | MLS#: SB26197731
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
10,900 sqft
Lot Size
8,737 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26197731
MLS Status
Active
Days on Market
3
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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New York State Fair Housing Notice.
