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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
Listed by Cameron Samimi CA DRE# 02035763 with Lyon Stahl Investment Real Estate, Inc. 310-259-7556

Overview

Active

Listed Jul 1, 2026

Updated 4 weeks ago

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
MLS provider logo

Listed by Cameron Samimi CA DRE# 02035763 with Lyon Stahl Investment Real Estate, Inc. 310-259-7556

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/3/2026 at 3:41 AM UTC Last Checked: 3:41 AM UTC

 

 

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