Long Beach Multifamily Investment
For Sale
$1,090,000
1454 Magnolia Ave, Long Beach, CA 90813
Four-unit property in walkable Long Beach location with upside potential.
Property SizeContact for details
Days on Market150
Property Features for 1454 Magnolia Ave
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1918
Listing Agency:
Vic Steele, Broker
Listed By:
Vic Steele · License #01349863
(714) 240-3693
Source:
Exitrealty
Added: Apr 9
Changed: Sep 2
Last Checked: Sep 5 at 6:29AM
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, Broker
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
Current Use
Location Intelligence
Trade Area within ½ mile
2,076
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Ave 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.
