Sold

1486 Magnolia Avenue

Long Beach CA, 90813

$1,000,000


$330.36 per sqft

Sold

3,027 sqft

Residential

Built in 1940

Listed by Martie Etheridge with RE/MAX Select One 714-846-3800

With east freeway access and less than 2 miles to the golden sand of the BEACH and the fun and shops of Rainbow Harbor, these 6 units plus 3 rare garages will keep these units in high demand in perpetuity! Last time these were available, Carter was president! So now is your chance to own the kind of investment the legacy investors rarely divest! Get off the stock market roller coaster and enjoy a yield every single month from your nest egg!

OC22205957

MLS ID

September 22, 2022

Listed

March 23, 2024

Updated

Map

1486 Magnolia Avenue
Long Beach CA, 90813

Interior Features

Total Stories

2


Appliances

Dryer, Washer


Laundry Description

Common Area, Washer Hookup, Laundry Room


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Lot Features

Corner Lot, No Landscaping, Rectangular Lot, Walkstreet


Sewer

Public Sewer

Other Property Details

Area Name

4 - Downtown Area, Alamitos Beach


Days on Market

388


Garage

Yes


Garage Spaces

4


Parking

Garage


Parking Total

4


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR4N


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

11/4/2023

Price Change

$1,000,000

-17%

11/4/2023

Sold

$1,000,000

10/19/2023

Pending

10/5/2023

Price Change

$1,199,000

-8%

5/27/2023

Price Change

$1,299,000

-8%

Listing Contact: 714-846-3800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:17 AM UTC

 

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