Long Beach, CA 90813,1542 Magnolia AVE

$915,000

$950,000

3.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,786 SqFt


SOLD DATE : 11/23/2022

Key Details

Sold Price $915,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,786 sqft

Price per Sqft $512

Subdivision Downtown (Dt)

MLS Listing ID OC22113887

Sold Date 11/23/22

HOA Y/N No

Year Built 1952

Lot Size 2,391 Sqft

Acres 0.0549

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

Rooms

Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup

Interior

Laundry Location Electric Dryer Hookup,Gas Dryer Hookup

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 Item01UnitAcre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7269038032

Security Features Smoke Detector(s)

Acceptable Financing CashtoNewLoan, Conventional, Contract

Listing Terms CashtoNewLoan, Conventional, Contract

Financing Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 801-1761

ricardo@villasellsnorcal.com

3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.