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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Long Beach / 1211 Magnolia Avenue
1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 1211 Magnolia Avenue Long Beach, CA 90813 View All Photos

$3,200,000

| Active

1211 Magnolia Avenue

Long Beach, CA 90813

0.20
Acres
0
Days on Market
SB26197731
MLS#
Multi-Family
Type
House
Structure
Residential
Zone
Contact
Listing OfficeLyon Stahl Investment Real Estate, Inc.

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 foot while generating a 6.80% current capitalization rate and a 7.74% pro forma capitalization rate. The investment thesis is straightforward: acquire a well- 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. The property offers investors a true ease-of-management opportunity. Current ownership extensively renovated the building with the intention of holding it for the long term, completing comprehensive upgrades while preserving its original 1930s Spanish-style character. The rehabilitation was executed with that character in mind, including restoration of original oak flooring and installation of mission-style lighting, alongside fully remodeled interiors, replacement windows, upgraded electrical meters, plumbing and HVAC systems. Renovation decisions prioritized quality, durability and longevity. With the renovated units leased at market rents, a new owner benefits from immediate stabilized income without the execution risk, downtime or capital requirements typically associated with a value-add renovation program. Importantly, the pro forma rents can be achieved through annual rent increases alone, with no further capital expenditure required. 1211 Magnolia Avenue is situated in Long Beach’s Willmore neighborhood, just minutes from Downtown Long Beach, its waterfront amenities and the 710 Freeway.

Property Details
View
City Lights
Lot Features
Rectangular Lot
Stories
2
Lot Description
Rectangular Lot
Acres
0.201
Lot Size (sqft)
8737.0
Parking Features
Garage Faces Rear
Parking
1
Parking Spaces
5.0
Parking Type
Garage
Parking Garage Spaces
5.0
Property Type
Multi-Family
Style
Spanish
Property Subtype Additional
Apartment
Year Built
1930
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Subdivision
Downtown (DT)
Community Features
Urban
County
Los Angeles
Region
Long Beach
Original List Price
$3,200,000
HOA Fees
0.0
MLS #
SB26197731
Property Subtype
Apartment
Parcel Number
7272003003
MLS #
SB26197731
Date Listed
September 09, 2026
Address
1211 Magnolia Avenue
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Nico Rosmarin (#SBROSMNIC)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#SB1310620)

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