Well-maintained 4-plex located in the heart of Long Beach. This property offers four spacious units, perfect for investors or owner-occupiers looking to generate steady rental income. Each unit features 1 bedroom and 1 bathroom, making it ideal for tenants seeking comfort and convenience. The property is situated in a highly desirable area, close to schools, shopping, dining, and public transportation.
Property Details
Property Features
Property Information:
Year Built: 1918
Stories: 2
Listing Office:
Office Name: Vic Steele, Broker
Office Phone: (714) 240-3693
Listing Agent: Vic Steele
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Off Street, One Space, On Street
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Follow CA-1 S/W Pacific Coast Hwy and Magnolia Ave to your destination
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
Tax Information:
Annual Amount: $11,269
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Long Beach, CA.
This property is $274.8K more than the Median Sold Price in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24217391
Listing Office:
Office Name: Vic Steele, Broker
Office Phone: (714) 240-3693
Listing Agent: Vic Steele
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 26, 2002
Dec 26, 2002Home Sold
$465,000
Dec 21, 2001
Dec 21, 2001Home Sold
$152,000
Jul 28, 1999
Jul 28, 1999Home Sold
$280,000
May 19, 1998
May 19, 1998Home Sold
$148,000
Oct 17, 1988
Oct 17, 1988Home Sold
$150,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,269
$884,006
2020
$9,444
$800,000
2019
$9,330
$720,000
2018
$8,795
$720,000
2017
$8,795
$670,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,558
Per Month
Principal & Interest
$5,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,364
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Roosevelt Elementary School
1574 Linden Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-5
6
/10
Edison Elementary School
625 Maine Ave
Distance between this listing and this school0.77 miles
Public District Grades KG-5
5
/10
Oropeza Elementary School
700 Locust Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-5
Nearby Schools
3
/10
Washington Middle School
1450 Cedar Ave
Distance between this listing and this school0.20 miles
Public District Grades 6-8
4
/10
Franklin Classical Middle School
540 Cerritos Ave
Distance between this listing and this school1.42 miles
Public District Grades 6-8
4
/10
Robinson K - 8 Academy
2750 Pine Ave
Distance between this listing and this school1.56 miles
Public District Grades KG-8
Nearby Schools
2
/10
Educational Partnership High School
1794 Cedar Ave
Distance between this listing and this school0.33 miles
Public District Grades 9-12
5
/10
Intellectual Virtues Academy
1637 Long Beach Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades 9-12
5
/10
Renaissance High School for the Arts
235 E 8th St
Distance between this listing and this school0.74 miles
The neighbors living near this home have an average income of $32,857. The most common annual income of people living in Long Beach, CA is less than $35k. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
This home is located at 1454 Magnolia Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1918, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,100,000.
In November 2024, from all listings sold in Long Beach, CA there were more than 66 sold above asking price, over 64 sold below and more than 32 were sold right at the asked price. The number of listings in Long Beach, CA decreased by 10.6% between October 2024 and November 2024. Listings spent 35 days on the market in November 2024, and had a median list price of $825,128 during the same period.
From Rocket Homes Real Estate and based on county public records data.