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About This Home

This 6-bedroom, 4-bathroom multi-family at 2535 Magnolia in Long Beach, CA is listed for $1,350,000 ($412 per sqft). Built in 1942, the home offers 3,280 sqft of living space on a 0.14 acres lot.

Agent 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.

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.

Key Features

  • Built in 1942
  • 0.14 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 full
4 spaces
1942

Monthly Cost Estimate

$7,220/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,850
Insurance$394

Estimates only. Actual payments may vary.

Location

2535 Magnolia

Long Beach, CA 90806

Wrigley Area (WR)

Features & Amenities

Exterior Features

Community Features Included: Urban2-5 Units/Acre

Property Details

Flooring

CarpetLaminate

Heating

Central

Cooling

Central Air

Questions & Answers

This 6-bedroom, 4-bathroom multi-family at 2535 Magnolia is listed at $1,350,000 ($412/sqft). The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.

Key features include: Built in 1942, 0.14 acre lot, 2 stories, 4 parking spaces. Exterior Features: Community Features Included: Urban, 2-5 Units/Acre.

This property is listed by Shereen El Husseini and can be reached at 7144635140 or shereen.elhusseini@bhhscaproperties.com.

SH

Shereen El Husseini

Agent at BHHS CA Properties

(714) 463-5140

Listed by BHHS CA Properties · View on Broker Site

MLS# PW26121782· Source: listhub· Updated 1 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2535 Magnolia, Long Beach, CA 90806

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