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Long Beach Multifamily Investment Opportunity

1454 Magnolia Long Beach, CA 90813

1454 Magnolia, Long Beach, CA, 90813
$1,090,000
For Sale
$1,090,000

Four-unit property in walkable Long Beach location with upside potential.

Days on Market93

Property Features for 1454 Magnolia

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1918
Listing Agency
Listed by Vic Steele
Source Elliman
Added: Apr 15 Checked: Jul 16 at 7:56 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vic Steele


Investment Insights

Based on property information with market context.

This fourplex is located in the Washington neighborhood of Long Beach. The property features four 1-bedroom, 1-bath units, with the potential of converting each into 2-bedroom units. Two units are currently vacant. The building has a functional layout and a central front entry. The property includes a large rear concrete area with gated access, offering potential for additional parking, tenant use, or future improvements. Separate access pathways and open space enhance usability for both tenants and ownership. The property benefits from a highly walkable location with a Walk Score of approximately 93, and is very bikeable with a Bike Score of 76. It also has excellent transit with a Transit Score of 70. The location provides easy access to shopping, dining, public transportation, and major commuter routes.

Key Highlights

  • Two vacant units offer immediate income potential or renovation opportunities.
  • High Walk Score (87) and Bike Score (76) indicate excellent walkability and bikeability, close to amenities.
  • Excellent Transit Score (70) provides convenient access to public transportation.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Acupuncture Dental Office Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit property in walkable Long Beach location with upside potential.
Where is this quadplex located?
The property is located at 1454 Magnolia Long Beach, CA.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Two vacant units offer immediate income potential or renovation opportunities.; High Walk Score (87) and Bike Score (76) indicate excellent walkability and bikeability, close to amenities.; Excellent Transit Score (70) provides convenient access to public transportation.
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