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937 MAGNOLIA Avenue
$1,564,000

Units

18

Building Size

8,474 sf

Lot Size

8,747 sf

Status

Sold

Listing Agent: Brian Shanedling, Principal Alliance

Long Beach

937 MAGNOLIA Avenue

About This Property

2 - 2 bedroom, 4 1-bedroom, 8-singles and 4-studios. 80% of the units have been upgraded with new lighting, kitchen cabinets, tiled floors and showers, faucets and more. New slate, window trim, screens, lighting and paint were just completed on the front of the building. Onsite laundry and 5 income producing garages. At market rents this would be a 9 X Gross or less. Sep metered for gas/electric; tenants also pay trash. Tenants pay ontime, 100% occupied; Actual Rents.

Unit Mix

  • 1 unit · 1bd / 1ba
  • 2 units · 0bd / 1ba
  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Sold For

$1,564,000

Listing Agent

Brian Shanedling

Principal Alliance