Mohr Real Estate Group

Mohr Real Estate Group

2535 Magnolia Ave Long Beach CA 90806 MLS #PW26121782

2535 Magnolia Ave
Long Beach, CA, 90806
$1,350,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
Add
$1,350,000
2535 Magnolia Ave
Long Beach, CA, 90806
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Property Description


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.

Property Details

Price:
$1,350,000
MLS #:
PW26121782
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Jun 4, 2026
Total Sq Ft:
3,280
Lot Size:
6,121 sqft / 0.14 acres (approx)
Year Built:
1942
5 – Wrigley Area5wrigleyareaWrigley Area Wr

Schools

Interior

Cooling
CA
Flooring
LAM, CARP
Heating
CF
Laundry Features
AR

Exterior

Common Walls
_2CW
Community Features
URB
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Net Operating Income
$111,000
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Long Beach, CA
The Mohr Real Estate Group

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