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/1 Ba Units and 8 - 2 Bed/1 Ba. Units. Buildings are very sizeable (22,998 sq ft). A Large Lot (18,197 sq ft) Offers Residents A Courtyard And Outdoor Rock Waterfall Area. All Electric Building - Individually Metered And Each Unit Has It's Own Water Heater. Milgard Dual Pane Windows Throughout Building. 2 Laundry Facilities W/ Seller's Own Machines and 19 Enclosed Garages = Extra Income. There Is Room To Raise Rents. No Rent Control in Long Beach. Please Call For Further Income And Expense Information On This Well Managed Building. This Is A Great Opportunity For The Savvy Long Beach Investor!

Listing Type

Multi-Family

Listing ID

PW13035217

House Size

22,998

Lot Size

18,197 sqft

Listing Status

Active

Year Built

1963

County

Los Angeles

Units

32

Garage

19

Zoning

LBPD10

Interior Features

Turnkey

Lot Description

Street Lighting, Gutters, Gated Community

Style

Traditional

Pool

No Pool

Cooling

None

Sewer

In Street

Water

Public, Water District

Flooring

Concrete Slab, Carpet, Ceramic Tile

PARKING TYPES

Garage

SPECIAL CONDITIONS

Standard Sale

Spa Descriptions

None

Has Fireplace

N

Has Pool

N

Has Spa

N