Listed by Lyon Stahl Investment Real Estate
$1,200,000
2250 Magnolia Ave
Details
APN 4039-024-006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,416
Units 2
Beds 2
Cap Rate 3.46%
NOI $41,520
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 3.69%
Pro-Forma NOI $44,280
Price per SqFt $497
Year Built 1934
Buildings 1
Lot Size (SqFt) 6,501
Zoning LBR2N
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.66
Investment Type Stabilized
Multifamily | Vacant Owner-User 2 bed | 2 Units
Marketing description
TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. 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 $63,240 and pro forma scheduled gross income of approximately $66,000. 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.
Investment highlights
- VACANT 2 Bedroom - Move In Ready
- Flexible Investment Opportunity — Two 2-bedroom/1-bath units providing strong rental demand and long-term income potential
- Strong Long Beach Location — Situated in the 90806 area with convenient access to major employment centers, local amenities, and surrounding Long Beach neighborhoods
- Low-Maintenance Residential Asset — Clean, well-kept property with manageable expenses and tenant-paid gas and electric
- Generous Lot Size — Approximately 6,501 square feet of land provides flexibility and long-term value-add potential
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,520.00
$3,460.00/mo
Valuation Metrics
0
DSCR
3.46%
Cap Rate
3.46%
ROI
Map
Zoning
R-2-N ResidentialTwo FamilyTwo Family Residential Standard Lot
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View all 48 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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