90813 Homes with Garage Faces Rear Parking features

90813 Homes with Garage Faces Rear Parking features

Welcome to the vibrant community of Long Beach, California, located in the heart of Los Angeles County, where the zip code 90813 offers a unique blend of urban charm and coastal living. This area is known for its rich history, diverse culture, and a plethora of amenities that make it an ideal place to call home.

In 90813, you’ll find an array of residential options, including homes with rear-facing garages that add both convenience and aesthetic appeal. These thoughtfully designed homes not only enhance curb appeal but also provide easy access to parking while maximizing outdoor space. Imagine stepping out of your home and enjoying a beautifully landscaped yard without the distraction of a garage door in view – it’s the perfect blend of functionality and style.

Living in Long Beach means you’re just minutes away from stunning beaches, waterfront parks, and a bustling downtown filled with shops, restaurants, and entertainment. The area is also well-connected, with easy access to public transportation and major highways, making commuting a breeze.

For families, 90813 boasts access to quality schools and recreational facilities, ensuring a well-rounded lifestyle for residents of all ages. Whether you’re a first-time homebuyer or looking to settle down, the homes in this area offer a perfect sanctuary with modern amenities and a welcoming community spirit.

Explore the charm of Long Beach’s 90813 zip code and discover the perfect home that suits your lifestyle – where convenience meets coastal living!

Newest 90813 Homes with Garage Faces Rear Parking features

1211 Magnolia Avenue, Long Beach
$3,050,000
SB26197731 MLS ⋅ Active Status
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.

1211 Magnolia Avenue, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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