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Price Drop: $51K (10/30)
Street View
Listed by: Cameron Samimi (310) 259-7556 DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,099,000
Monthly Est:$5,470
4 Beds
2 Baths
2,416sqft
2250 Magnolia, Long Beach, CA 90806
$1,099,000
$5,470/moEst:
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Apartment
Built in 1934
$-- HOA
6,501 sqft lot
$455/sq.ft
Description
TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.
- Houzeo last checked: 5 minutes ago
- Listing updated: November 3, 2026 at 8:18 am
- Source: California Regional MLS-CA | MLS#: SB26142307
This condo is in:
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1934
HOA Fees
-
Finished Area
2,416 sqft
Lot Size
6,501 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26142307
MLS Status
ActiveUnderContract
Days on Market
75
Cumulative Days on Market
122
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Interior
Appliances
Gas Range
Sewer
Public Sewer
Heating
Fireplaces
Flooring
Wood
Utilities & Energy
Fireplace Features
Family Room
Pool Features
None
Water Source
Public
Parking Features
Assigned
Laundry Features
Inside
Other Features
Community Features
Sidewalks, Urban
Tenant Pays
Electricity, Gas
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Contingent (Active Under Contract) | $1,099,000 $455/sqft |
09/01/2026 Source: | Listed for Sale | $1,099,000 -4.43% $455/sqft |
08/05/2026 Source: | Price Decreased | $1,150,000 -2.13% $476/sqft |
07/01/2026 Source: | Off Market | $1,175,000 $486/sqft |
07/01/2026 Source: | Listed for Sale | $1,175,000 -2.08% $486/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:45PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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