2500 Magnolia Ave., Long Beach, CA 90806 - OC21022631 - iPro Real Estate
iPro Real Estate

iPro Real Estate

2500 Magnolia Ave.
Long Beach, CA 90806

Sold, Multi-Family/Income Sale

For Sale

$802,000 $219.90 per sqft

Free Professional CMA

Listing ID : CROC21022631

  • Garage

    2
  • Lot Size

    3,638 Sqft
  • Year

    1937

Description

Fantastic Wrigley area Duplex with upstairs and downstairs units, each comes with a one car detached garage, shared enclosed garden area with 2 bedrooms and 1 bath each 1169 sq ft of living space. Inside laundry and with A/C. Nice spanish style with Clay roof tiled and stucco with arched entryway. Interior has tall ceilings and archways. A great investment!

Details

Type: Multi-Family/Income Sale 
Subdivision: 5 - Wrigley Area 
County: Los Angeles 
Tax ID: 7205001027
Cap Rate: 4.48% 
Gross Rent Multiplier: 16.00 
Laundry: Other 
Number of Buildings: 1 
Number of Units: 2 
Parking Spaces: 2 
Property Type: Commercial Sale 
Sub Type: Duplex 
View: None 
Water: District - Public 

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Interactive

33.802711 -118.19783 $800,000 OC21022631
2500 Magnolia Ave., Long Beach, CA 90806
Directions to here from:

Area Information 90806

Population:

44,059 Up .01% since 2010
Average Income:
$58,225
Average Age:
31Years
Gender:
48.63%Male
51.37%Female
Households:
12,65048.61% with children
Average Value:
$630,629
Occupancy:
33.72%Owned
66.28%Rented
7.3%Vacant
Education:
20.3%High School
6.97%Associate
12.31%Bachelor
4.91%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
13.05Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $158,441
  • Improvements $122,616

  • Total $281,057

Property Tax

  • 2020 $3,803

History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 11, 2021
Transaction
Sold - Residential Income (2-4 units)CROC21022631
Price
$802,000
Mortgage Amt & Lender
- -
Date
Jun 06, 2019
Transaction
Sold - Residential Income (2-4 units)CRP186763
Price
$210,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Michael Rains with RE/MAX TerraSol

Based on information from the MLSListings MLS) as of 11/29/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 11/29/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes