1401 Magnolia Ave, Long Beach, CA 90813

Fabulous 4 plex deal. Unit #1 (3 BR/1BA),Unit 2(7 BR/2BA),Unit 3(2BR/1BA),Unit 4(3BR/2BA).Bldg 1403 in rear is part of this 4unit property.Older building but highly improved. Two upstairs units have been combined to comprise a 7 bedroom 2 bath unit and a unit over garage is 1403 address. The public records show 3852ft but appraiser says 4091ft. Recent upgrades include: newer roof/copper plumbing/electric partial/secuity doors all units/ceramic tile/commercial grade carpet/interior painting/kitchen w/newer cabinets/counters/sinks/fixtures/remodeled baths/...newer tubs/shower enclosures/tile floors/toilets/sinks/cabinets/ceiling fans/lighting/ fixtures/window blinds and more. Newer commercial grade heater 2 years old.Laundry room on lease machines(Web).All units occupied.Rents are $1450 unit 1/$1800 unit2/$1178 unit c/1403 address is $1350.All month to month ..Total annual is $69,336. This 4 plex comps out/Gross multiplier w/market(7.0/and CPF a deal. Hurry... a real deal.