2535 Magnolia Ave, Long Beach, CA 90806
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
Upcoming open houses
- Sat, Jun 0601:00 pm - 04:00 pm
- Sun, Jun 0712:00 pm - 03:00 pm
Listed by: shereen el husseini
Office: bhhs ca properties714-998-8810
MLS#:PW26121782
Source:CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$411.59
About this home
Exceptional Turnkey Fourplex Investment in the Heart of Long Beach!
Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach's most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding flexibility for investors seeking strong returns.
The current mid-term rental model offers strong occupancy, management flexibility, and the opportunity to adjust rents to market rates without inheriting long-term tenant commitments.
Each unit is thoughtfully designed for comfort and convenience, featuring a combination of stylish laminate and carpet flooring, air conditioning and heating, and furnishings that are negotiable, making this a truly turnkey opportunity. The property also includes four private garages, a highly sought-after amenity that adds value for both tenants and guests.
Ideally situated near Downtown Long Beach, local beaches, restaurants, shopping, entertainment, and major transportation corridors, this property appeals to traveling professionals, corporate tenants, students, and long-term residents alike. Easy access to major freeways, public transit, and employment hubs enhances its rental demand and long-term appreciation potential.
Whether you're looking to continue the current mid-term rental model, explore short-term rental opportunities where permitted, or transition to traditional rentals, this versatile property offers multiple paths to maximize income....
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Home facts
- Year built:1942
- Listing ID #:PW26121782
- Added:1 day(s) ago
- Updated:June 05, 2026 at 11:27 PM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:3,280 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1942
- Building area:3,280 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$411.59
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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