Exceptional Turnkey Fourplex Investment in the Heart of Long Beach!<\/p>\n
Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach’s most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding flexibility for investors seeking strong returns.<\/p>\n
The current mid-term rental model offers strong occupancy, management flexibility, and the opportunity to adjust rents to market rates without inheriting long-term tenant commitments.<\/p>\n
Each unit is thoughtfully designed for comfort and convenience, featuring a combination of stylish laminate and carpet flooring, air conditioning and heating, and furnishings that are negotiable, making this a truly turnkey opportunity. The property also includes four private garages, a highly sought-after amenity that adds value for both tenants and guests.<\/p>\n
Ideally situated near Downtown Long Beach, local beaches, restaurants, shopping, entertainment, and major transportation corridors, this property appeals to traveling professionals, corporate tenants, students, and long-term residents alike. Easy access to major freeways, public transit, and employment hubs enhances its rental demand and long-term appreciation potential.<\/p>\n
Whether you’re looking to continue the current mid-term rental model, explore short-term rental opportunities where permitted, or transition to traditional rentals, this versatile property offers multiple paths to maximize income.<\/p>","protected":false},"excerpt":{"rendered":"
Exceptional Turnkey Fourplex Investment in the Heart of Long Beach! Welcome to 2535 Magnolia Ave, a rare opportunity to own a beautifully maintained and income-producing fourplex in one of Long Beach’s most convenient and desirable locations. Currently operating as successful furnished mid-term rentals, this property offers immediate cash flow and outstanding flexibility for investors seeking […]<\/p>\n","protected":false},"author":1,"featured_media":2891397,"parent":0,"menu_order":0,"template":"","property_type":[198],"property_status":[118],"property_feature":[95,99,100,107],"property_label":[85],"property_country":[],"property_state":[103],"property_city":[350],"property_area":[],"class_list":["post-2891396","property","type-property","status-publish","has-post-thumbnail","hentry","property_type-quadruplex","property_status-residentialincome","property_feature-has-cooling-system","property_feature-has-garage","property_feature-has-heating-system","property_feature-property-attached","property_label-active","property_state-los-angeles","property_city-long-beach"],"property_meta":{"ListingKey":["1173018709"],"MLSimport_item_inserted":["94072"],"mlsImportItemStatusDelete":["a:11:{i:0;s:6:\"Active\";i:1;s:19:\"ActiveUnderContract\";i:2;s:8:\"Canceled\";i:3;s:6:\"Closed\";i:4;s:10:\"ComingSoon\";i:5;s:6:\"Delete\";i:6;s:7:\"Expired\";i:7;s:4:\"Hold\";i:8;s:10:\"Incomplete\";i:9;s:7:\"Pending\";i:10;s:9:\"Withdrawn\";}"],"fave_property_land_postfix":["SquareFeet"],"fave_property_garage":["4"],"fave_property_year":["1942"],"fave_property_address":["Magnolia Ave"],"fave_property_price":["1350000"],"fave_property_land":["0.1405"],"fave_property_country":["US"],"fave_property_zip":["90806"],"fave_property_map_address":["2535 Magnolia Ave"],"houzez_geolocation_long":["-118.198377"],"houzez_geolocation_lat":["33.803299"],"fave_property_id":["PW26121782"],"fave_virtual_tour":["