For Sale
$1,200,000

2421 Magnolia

Long Beach, CA 90806

  • 6,000 sq ft lot
  • Built 1942

Listed by: Frank Lynch IV,Broker · 562-565-4801

About this home

Exceptional four-unit investment opportunity in Long Beach with a remarkable family ownership history dating back to 1948. The current owner's grandmother originally purchased the property, and it has remained in the family ever since. The property consists of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable and diversified unit mix. Pride of ownership is evident throughout the property, featuring well-maintained stucco, manicured landscaping, a neatly maintained lawn, clean concrete walkways, covered entry areas and secure exterior access. The property also features individual one-car garages with convenient alley access, providing each unit with dedicated parking. Long-term tenancy and a history of dependable rental performance make this an attractive addition to an investor's portfolio. Ideally located near shopping, dining, transportation and major Long Beach amenities.

Home details

Interior

Levels
Two
Flooring
Laminate
Appliances
Gas Range
Laundry
Common Area
Fireplace
Gas, Kitchen, Bath
Heating
Forced Air

Exterior & lot

Lot size
6,000 sq ft (0.14 acres)
Lot features
Sprinklers In Front, Sprinklers On Side, Level with Street, Landscaped, 2-5 Units/Acre, Front Yard, Lawn, Sprinklers In Rear
Pool
None
Garage spaces
1
Parking
Assigned
Common walls
1 Common Wall

Property & community

Property type
Commercial/Residential
Year built
1942
Community
Biking, Sidewalks, Suburban
County
Los Angeles
MLS #
RS26193414
Listed
Sep 4, 2026

Location

Listed by: Frank Lynch IV,Broker · 562-565-4801

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 18, 2026 3:30 am.

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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

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