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Dilbeck Real Estate
Real Living
818-790-6774

1152 Magnolia Avenue, Long Beach CA, 90813

(Active)
$4,870,000
|
22,998 sqft
|
MLS# PW13104026
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Listing Provided Courtesy Of: Keller Williams Pacific Estat
Last Updated: 4/19/2014 7:39 PM
Description for 1152 Magnolia Avenue Long Beach, CA 90813
1146-1152 Magnolia Ave., Long Beach - What a Fantastic Building to Add to Your Portfolio! This is a Meticulously Maintained 32 Unit Building In a Great Rental Area of LB. 2 Buildings on 2 Parcels (1146 Magnolia Ave = 7272004010, 1152 Magnolia Ave = 7272004009). A Great Mix of 24 - 1 Bed/1Ba Units and 8 - 2 Bed/1Ba Units. Buildings are very sizeable (22,998 sq ft) . A Large Lot (18,197 sq ft) Offers Tenants a Courtyard and Outdoor Rock Waterfall Area. All Electric Building - Individually Metered and Each Unit Has It's Own Water Heater (Keeps Expenses Down!). Milgard Dual Pane Windows Throughout Building. 2 Laundry Facilities w/ Seller's Own Machines. 19 Enclosed Garages = Extra Income. There is Room To Raise Rents - No Rent Control in LB. Please Call For Further Income and Expense Information on the Well Managed Building. This is a Great Opportunity for the Savvy Long Beach Investor!!
Price
$4,870,000
Other (Othr)
Los Angeles
22,998 (approx)
PW13104026
Active
Description
1146-1152 Magnolia Ave., Long Beach - What a Fantastic Building to Add to Your Portfolio! This is a Meticulously Maintained 32 Unit Building In a Great Rental Area of LB. 2 Buildings on 2 Parcels (1146 Magnolia Ave = 7272004010, 1152 Magnolia Ave = 7272004009). A Great Mix of 24 - 1 Bed/1Ba Units and 8 - 2 Bed/1Ba Units. Buildings are very sizeable (22,998 sq ft) . A Large Lot (18,197 sq ft) Offers Tenants a Courtyard and Outdoor Rock Waterfall Area. All Electric Building - Individually Metered and Each Unit Has It's Own Water Heater (Keeps Expenses Down!). Milgard Dual Pane Windows Throughout Building. 2 Laundry Facilities w/ Seller's Own Machines. 19 Enclosed Garages = Extra Income. There is Room To Raise Rents - No Rent Control in LB. Please Call For Further Income and Expense Information on the Well Managed Building. This is a Great Opportunity for the Savvy Long Beach Investor!!
Listing Information
Property Type: Cluster
0.42 Acres 22,998 (approx) $211.76
1963 Yes- 19 spaces
Other (Othr)
Slab Foundation
Sewer at Street
32 Total
Neighborhood
Room Information
Common
Interior Features
Range/Oven Free Standing
Carpet Wall to Wall, Ceramic Tile
None, Ceiling Fan(s)
Radiant
Exterior / Lot Features
19 Garage Spaces, 19 Parking Spaces, Garage
None
No Pool
Automatic Gate
Sidewalks, Lot 10
Driving Directions
South of Anaheim, North of 10th, on the east side of Magnolia Ave
Financial Considerations
7272004009
$363,300 Income ,$105,738Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90813 has a population of  462,257.

The median household income in Long Beach, California 90813 is $46,283. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in Long Beach 90813 is 33.3 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Keller Williams Pacific Estat Julie Hughes
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

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