Back To Search
1368 Molino Avenue
Long Beach, CA 90804
Sold
1368 Molino Avenue
Long Beach, CA 90804
Sold
pleased to present the opportunity to acquire 1368 Molino Ave, 8-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. 1368 Molino Ave is featuring very large all two-bedroom units, built in 1987. It offers secured parking spaces for all tenants for added income. There is an on site laundry too that is leased for only $34.00 per month generating $300 per month as additional income. All tenants are on month to month and rents have not been increased since 2018. They all pay on time with no delays and delinquencies. 1368 Molino Ave is located in one of highly sought-after East Side neighborhoods and is just steps away from Traffic Circle, Belmont Shore, and most popular beaches. Great location that is close to downtown Long Beach, freeway access, beach, dining, shopping centers, amenities, Signal Hill area of Long Beach, California State University of Long Beach, Long Beach City College, and Veterans Hospital. It is also within short driving distance to great attractions that offer numerous shopping, dining, and entertainment options providing residents with easy access to a plethora of numerous destinations Historically known for its status as the preeminent harbor city on the West Coast, Long Beach continues to gain notoriety as an exciting and vibrant waterfront destination. Long Beach’s world-class port, prestigious university, unique business market, and unmatched local attractions have made it one of Southern California’s most desirable markets. With some TLC this income producing property can be a great value. Potential addition of ADUs subject to state and local laws.
PROPERTY INFORMATION
| MLS # | PW22118656 | Lot Size | 6,212 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,600,000
Price Per SqFt: $ 339 |
DOM | 1071 Days |
| Address | 1368 Molino Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 7,678 Sq. Ft. |
| Postal Code | 90804 | Garage | 14 |
| County | Los Angeles | Year Built | 1987 |
| Bed / Bath | 16 / 0 | Parking | 14 |
| Built In | 1987 | Status | Closed |
| Sold Date | 2022-10-12 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Heating | Yes |
| Heating Information | Central |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,773
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/12/2022 | Sold | $2,550,000 |
| 06/02/2022 | Listed | $2,600,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 1368 Molino Avenue?
Listing provided courtesy of Alec Kara, Keller Williams Pacific Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
