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 Type

Multi-Family

Listing ID

PW13104026

House Size

22,998

Lot Size

18,197 sqft

Listing Status

Active

Year Built

1963

County

Los Angeles

Units

32

Garage

19

Lot Description

Sidewalks

Style

Traditional

Pool

No Pool

Cooling

None

Sewer

In Street

Water

Public, Water District

Flooring

Carpet, Ceramic Tile, Concrete Slab

PARKING TYPES

Garage

SPECIAL CONDITIONS

Standard Sale

Cooking Appliances

Free Standing, Range

Spa Descriptions

None

Security/Safety

Automatic Gate

Has Pool

N

Has Spa

N