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2535 Magnolia Ave, Long Beach, CA 90806

$1,350,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Shereen El Husseini | shereen.elhusseini@bhhscaproperties.com
Lic#: 02004103
Broker: Courtesy of BHHS CA Properties
Phone: 714-463-5140

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active Under Contract

MLS# PW26121782

Price: $1,350,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1942

0.14 acres

Lot size: 0.1405

Subdivision: Wrigley Area (WR)

County: Los Angeles

Lot description: TwoToFiveUnitsAcre

Heating/cooling: Central Air

Heating description: Central

MLS area: 5 - Wrigley Area

Last Updated: 6/15/2026

Days On Market (DOM): 11

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This listing belongs to the 5 - Wrigley Area MLS area

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Lat/Long: 33.803299, -118.198377.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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