$915,000
$950,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1542 Magnolia AVE Long Beach, CA 90813
1,786 SqFt
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
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 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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Bought with Tam Tran • Luxre Realty, Inc.