Listing provided courtesy of Frank Lynch of Frank Lynch IV,Broker. Last updated 2026-09-15 08:10:58.000000. Listing information © 2026 Sandicor.
Asking Price: $1,200,000 |
2421 Magnolia, Long Beach CA 90806
Community: 5 - Wrigley Area
This Commercial/Residential property was built in 1942 and is priced at $1,200,000. Please see the additional details below.
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.











