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2,416 sqft

$1,099,000

2250 Magnolia, Long Beach CA, 90806

Price per sqft$454.88
Built in1934
Property size2,416 sqft
Property typeCondominium

Overview

Active

Listed Aug 21, 2026

Updated Sep 3

TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. Located in Long Beach, this well-maintained two-unit residential property totals approximately 2,416 square feet on a generous 6,501 square foot lot. Built in 1934 and zoned LBR2N, the property features two 2-bedroom/1-bath units with current scheduled gross income of approximately $62,040 and pro forma scheduled gross income of approximately $63,600. This asset presents an excellent opportunity for an owner-user or investor seeking stable rental income, rental upside, and long-term appreciation in a strong Long Beach rental market.

$7,312/mo

Est. mortgage payment based on a $1,099,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26142307

Interior Features

Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Maintenance Expense
$1,300
Garage
Yes
55+/Senior Community
No

Also listed on CLAW

Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., CA DRE 02035763

Listing Contact: 310-259-7556 

Based on information from the CRISNet MLS as of 9/3/2026, 4:50 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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