*PROBATE SALE* Great 4-units investment opportunity in the historical Drake Park/Willmore District of Long Beach! This sale is including the APN 7272-004-037 located at the rear of the subject property, which is the vacant land alley way easement that is utilized by the two neighboring units for access to their own individual properties. Perfect for investor owned or a great opportunity to live in one and rent out the others! Do not let this chance slip away! This property consists of 2 separate buildings - the first building in the front is a free-standing two-story single house with 4 bedrooms and 2 bathrooms (address 1166 Magnolia Ave). The second building consists of multiple studio-type units with individual kitchens for each unit. The property needs TLC. Individual electrical meters for each unit. Excellent potential property and substantial upside in rents being increased. Property is located near the 710 freeway, beach, shopping centers, Aquarium of the Pacific, Long Beach convention center and other entertainment!
Listing courtesy of Helen Wong from Imax Realty & Mortgage Inc.
Listing sold by Rana Thomas from Diamond Real Estate 1
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