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826 Magnolia Avenue

Long Beach, CA 90813
  • $1,200,000
  • STATUS: Active
  • ON SITE: 210 Days
  • ID#: PF22236658
UPDATED: 44 min ago
$1,200,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Scott James of Douglas Elliman Of Ca, Inc. (626-204-5252)


Description

Great investment opportunity for an investor, developer or owner occupied buyer. The building contains 3 Studios and one 2 Bedroom 1 Bath unit. Located in the Willmore City Historic District in the North Pine neighborhood is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes / high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied so perfect for that investor seeking residential income. New separate meters installed recently and all new copper plumbing about to be installed before close of escrow. Also newly painted exterior.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T09:28:19.753. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134567000
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826 Magnolia Avenue Long Beach, CA 90813

  • Price: $1,200,000
  • Status: Active
  • On Site: 210 Days
  • Updated: 44 min ago
  • ID#: PF22236658
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1921
Built
Neighborhood:
North Pine
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Great investment opportunity for an investor, developer or owner occupied buyer. The building contains 3 Studios and one 2 Bedroom 1 Bath unit. Located in the Willmore City Historic District in the North Pine neighborhood is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes / high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied so perfect for that investor seeking residential income. New separate meters installed recently and all new copper plumbing about to be installed before close of escrow. Also newly painted exterior.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 0 Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbs Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 56437 Gross Scheduled Income 61437 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 56437 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 5000 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lbpd10



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T09:28:19.753. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Scott James of Douglas Elliman Of Ca, Inc. (626-204-5252)