For sale · Active

2250 Magnolia

Long Beach, CA 90806

$1,099,000
Lot size0.1492 acres
Property typeApartment
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Listing broker / agent: Lyon Stahl Investment Real Estate, Inc. · Cameron Samimi · 310-259-7556 · CRMLS

MLS # SB26142307 · Last checked Oct 19, 2026 20:57 UTC

About this property

TWO-BEDROOM UNIT AVAILABLE FOR OWNER-OCCUPIED BUYER. Meticulous updates in 2018. Owner Installed ALL NEW copper plumbing throughout, fully rewired with ALL NEW electrical, breaker box and ALL NEW vinyl windows. 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 $62,040 and pro forma scheduled gross income of approximately $63,600. 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.

Property details

MLS number
SB26142307
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.1492 acres
County
Los Angeles
Year built
1934
Stories
2
More property detailsExpandCollapse

Listing

Days on market
59

Building

Year built
1934
Year built source
Assessor
Stories
2
Building stories
2
Levels
Two
Entry level
1

Rooms & interior

Appliances
Gas Range
Flooring
Wood
Heating
Fireplaces
Fireplace
Family Room
Laundry
Inside

Exterior & parking

Total parking spaces
1
Garage spaces
1
Parking
Assigned
Pool
None
Lot features
Zero To One Unit Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Sidewalks, Urban
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Lafayette Elementary Long Beach Unified · Long Beach K–5 0.3 mi
Bobbie Smith Elementary Long Beach Unified · Long Beach K–5 0.7 mi
Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach 9–12 0.8 mi
Garfield Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Birney Elementary Long Beach Unified · Long Beach K–5 0.9 mi
Roosevelt Elementary Long Beach Unified · Long Beach K–5 1.0 mi
Cabrillo High Long Beach Unified · Long Beach 9–12 1.1 mi
Polytechnic High Long Beach Unified · Long Beach 9–12 1.1 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,099,000
MLS-reported original asking price
$1,200,000
MLS-reported previous asking price
$1,150,000
MLS-reported last price change
2026-09-01 17:54 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:31$1,099,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings597Current authorized inventory
Median asking price$719,000597 listings with a valid price
Median asking price / sq ft$618.95568 listings with confirmed sq ft
Median days on market31597 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction105
Listings with an increase3

106 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 21:55 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.