About 2421 Magnolia
Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.
Features of 2421 Magnolia
| MLS® # | RS26193414 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Lot Size | 6,000 |
| Year Built | 1942 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 2421 Magnolia |
|---|---|
| Area | 5 - Wrigley Area |
| Subdivision | Wrigley Area (WR) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90806 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Assigned |
| # of Garages | 1 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate |
|---|---|
| Appliances | Gas Range |
| Heating | Forced Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Bath, Gas, Kitchen |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | TwoToFiveUnitsAcre, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Street Level, Sprinklers On Side |
|---|---|
| Roof | None |
Additional Information
| Date Listed | September 2nd, 2026 |
|---|---|
| Days on Market | 5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Frank Lynch |
|---|---|
| Office | Frank Lynch IV,Broker |