2535 Magnolia Ave, Long Beach, California 90806

  • $1,350,000
2535 Magnolia Ave, Long Beach, CA 90806
Active
2535 Magnolia Ave, Long Beach, California 90806
2535 Magnolia Ave, Long Beach, CA 90806
  • $1,350,000

Description

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.

  • Address 2535 Magnolia Ave
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90806
  • Area Wrigley Area (WR)
  • Country US

Details

Updated on June 8, 2026 at 8:18 pm
  • Property ID: PW26121782
  • Price: $1,350,000
  • Property Size: 3280 Sqft
  • Land Area: 0.1405 Acres
  • Garages: 4.0
  • Year Built: 1942
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Carpet, Laminate
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Urban

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