We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property<\/p>\n
features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside<\/p>\n
through modest rent growth and potential garage-area ADUs.<\/p>\n
At the asking price, 1211 Magnolia is offered at approximately $294 per square foot while generating a 6.80% current capitalization rate<\/p>\n
and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well-<\/p>\n
renovated asset at a discounted basis, capture a near-7% day-one yield, and retain additional upside through rent normalization and potential future ADU development.<\/p>\n
The property offers investors a true ease-of-management opportunity. Current ownership<\/p>\n
extensively renovated the building with the intention of holding it for the long term, completing<\/p>\n
comprehensive upgrades while preserving its original 1930s Spanish-style character. The<\/p>\n
rehabilitation was executed with that character in mind, including restoration of original oak<\/p>\n
flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement<\/p>\n
windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized<\/p>\n
quality, durability and longevity.<\/p>\n
With the renovated units leased at market rents, a new owner benefits from immediate stabilized<\/p>\n
income without the execution risk, downtime or capital requirements typically associated with a<\/p>\n
value-add renovation program. Importantly, the pro forma rents can be achieved through annual<\/p>\n
rent increases alone, with no further capital expenditure required.<\/p>\n
1211 Magnolia Avenue is situated in Long Beach\u2019s Willmore neighborhood, just minutes from<\/p>\n
Downtown Long Beach, its waterfront amenities and the 710 Freeway.<\/p>","protected":false},"excerpt":{"rendered":"
We are pleased to present 1211 Magnolia Avenue, a pride-of-ownership, turnkey 16-unit multifamily property located in Long Beach. The property features an efficient all one-bedroom unit mix, five garages, on-site laundry, and additional upside through modest rent growth and potential garage-area ADUs. At the asking price, 1211 Magnolia is offered at approximately $294 per square […]<\/p>\n","protected":false},"author":1,"featured_media":4531625,"parent":0,"menu_order":0,"template":"","property_type":[74],"property_status":[1034],"property_feature":[97,99,107],"property_label":[85],"property_country":[],"property_state":[103],"property_city":[350],"property_area":[422],"class_list":["post-4531623","property","type-property","status-publish","has-post-thumbnail","hentry","property_type-apartment","property_status-residential-income","property_feature-has-a-view","property_feature-has-garage","property_feature-property-attached","property_label-active","property_state-los-angeles","property_city-long-beach","property_area-downtown-dt"],"property_meta":{"_mlsimport_listing_key":["1190324152"],"MLSimport_item_inserted":["94072"],"fave_property_land_postfix":["Square Feet"],"fave_property_garage":["5"],"fave_property_year":["1930"],"fave_property_address":["Magnolia"],"fave_property_price":["3200000"],"fave_property_land":["0.2006"],"fave_property_country":["United States"],"fave_property_zip":["90813"],"fave_property_map_address":["1211 Magnolia Avenue"],"houzez_geolocation_long":["-118.198437"],"houzez_geolocation_lat":["33.781726"],"fave_property_id":["SB26197731"],"property_bathrooms":[""],"fave_property_bathrooms":[""],"REAL_HOMES_property_bathrooms":[""],"fave_contact-mail":["nico@lyonstahl.com"],"fave_brokered-by":["Lyon Stahl Investment Real Estate, Inc."],"fave_listed-by":["Nico Rosmarin"],"fave_dre":["02023847"],"mlsimport_stored_modification_timestamp":["2026-09-09T23:07:51.707-00:00"],"mlsimport_synced_mod":["1788995271"],"mlsimport_stored_write_config_version":["cbeb9f57de1c6565937309b36393a1e55515b1366bb096892bba9eb4f914a943"],"fave_property_location":["33.781726,-118.198437"],"property_location":["33.781726,-118.198437"],"additional_features":["a:0:{}"],"fave_agents":["0"],"fave_agent_display_option":["agent_info"],"fave_featured":["0"],"houzez_featured_listing_date":[""],"fave_property_map":["1"],"fave_property_map_street_view":["show"],"fave_single_top_area":["global"],"fave_single_content_area":["global"],"fave_additional_features_enable":["enable"],"fave_property_size_prefix":["Sq Ft"],"fave_property_images":["4531625","4531626","4531627","4531628","4531629","4531630","4531631","4531632","4531633","4531634","4531635","4531636","4531637","4531638","4531639","4531640","4531641","4531642","4531643","4531644","4531645","4531646","4531647","4531648","4531649"],"_thumbnail_id":["4531625"],"houzez_total_property_views":["12"],"houzez_views_by_date":["a:2:{s:10:\"09-10-2026\";i:7;s:10:\"09-11-2026\";i:5;}"],"houzez_recently_viewed":["2026-09-11 10:32:33"],"_elementor_page_assets":["a:0:{}"]},"yoast_head":"\n