548 Magnolia Ave is an exceptional 4-unit investment property located in the heart of Downtown Long Beach. The property features four spacious 1-bedroom units (approximately 1,090 square feet each). Situated in an appreciating neighborhood with increasing demand, this well-maintained and professionally managed asset is ideal for an investor looking for a turnkey property while securing 30-year fixed financing. Additionally, the roof was recently replaced.
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For sale
Listed by: Buckingham Investments, Inc • Johnny Chacon • Contact: 323-719-4908
$1,349,000
548 Magnolia Ave, Long Beach, CA 90802
5beds
4baths
4,364sqft
Quadruplex
Built in 1922
-- sqft lot
$1,333,300 Zestimate®
$309/sqft
$-- HOA
What's special
- 17 days |
- 169 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Johnny Chacon DRE #01966177 323-719-4908,
Buckingham Investments, Inc
Source: CRMLS,MLS#: SB26147859
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Washer Hookup, Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,364
- Total interior livable area: 4,364 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Entry location: /
- Pool features: None
Lot
- Size: 3,466 Square Feet
- Features: Walkstreet
Details
- Parcel number: 7280001005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $864,162
- Date on market: 8/8/2026
- Cumulative days on market: 17 days
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Tenant pays: Cable TV, Electricity, Gas, Parking Fee
Estimated market value
Zestimate®
$1,333,300
Estimated sales range
$1.27M - $1.40M
Rent Zestimate®
$2,908/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2026 | Listed for sale | $1,349,000+84.8%$309/sqft |
Source: | ||
| 4/26/2017 | Listing removed | $1,595 |
Source: Zillow Rental Manager Report a problem | ||
| 4/5/2017 | Price change | $1,595-6.2% |
Source: Zillow Rental Manager Report a problem | ||
| 3/31/2017 | Price change | $1,700+30.8% |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2016 | Sold | $730,000+0.1%$167/sqft |
Source: Public Record Report a problem | ||
| 4/3/2012 | Listed for rent | $1,300 |
Source: GoSection8.com Report a problem | ||
| 11/2/2008 | Listing removed | $729,000$167/sqft |
Source: Listhub #P639006 Report a problem | ||
| 10/16/2008 | Price change | $729,000-1.4%$167/sqft |
Source: Listhub #P639006 Report a problem | ||
| 8/23/2008 | Listed for sale | $739,000+6.3%$169/sqft |
Source: Listhub #P639006 Report a problem | ||
| 5/7/2004 | Sold | $695,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $864,162 +2% |
| 2025 | $11,730 +4.6% | $847,219 +2% |
| 2024 | $11,211 +1.7% | $830,608 +2% |
| 2023 | $11,020 +6.4% | $814,323 +2% |
| 2022 | $10,355 +2.2% | $798,357 +2% |
| 2021 | $10,129 +0.3% | $782,704 +1% |
| 2020 | $10,102 | $774,679 +2% |
| 2019 | $10,102 +4.1% | $759,491 +2% |
| 2018 | $9,703 | $744,600 +2% |
| 2017 | $9,703 +1.1% | $730,000 -1.4% |
| 2016 | $9,601 +4.5% | $740,000 +18.9% |
| 2015 | $9,190 +21.2% | $622,187 +18% |
| 2014 | $7,586 | $527,383 -10.9% |
| 2012 | -- | $591,600 +1.2% |
| 2011 | -- | $584,366 -23.7% |
| 2010 | -- | $765,512 -0.2% |
| 2009 | -- | $767,332 +2% |
| 2008 | -- | $752,287 +2% |
| 2007 | -- | $737,537 +2% |
| 2006 | -- | $723,077 |
| 2005 | -- | $723,077 +296.9% |
| 2004 | -- | $182,163 +1.9% |
| 2003 | -- | $178,825 +2% |
| 2002 | -- | $175,319 +4% |
| 2000 | -- | $168,513 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 6/10Chavez Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Cabrillo High SchoolGrades: 9-12Distance: 1.7 mi
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