1050 Molino Ave, Long Beach, CA 90804
FOR SALE
Listed by Kevin Le, Triumph Real Estate Solutions, (714) 486-1065

1050 Molino Ave
Long Beach, CA 90804

East Side
  • 9 Beds
  • 8 Baths
  • 4,361 sqft
  • 9 Beds
  • 8 Baths
  • 4,361 sqft

$1,799,000

Est. Mortgage $11,457/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Updated residential income property. Large Fourplex with spacious units in the nice city of Long Beach. Property is locating about 2 to 3 miles to the Beach, School, restaurants, shopping centers, Cal State University Long Beach, 18 Golf Course and much more. Property has 4 Units, three units with 2BR, 1.5 BA.-- Owner occupied the front units with 3BR, 1.75BA. Each units have A/C. Strong rental area with tons of upside on rents. The sellers have completely upgraded unit #1 and #4 throughout with new beautiful laminate floors in living room and bedrooms, new bathrooms, new kitchen cabinetry and gorgeous counter space. Must see to appreciate. Drive by only!

Home Highlights

Parking
4 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$413
Listed
33 days ago

Home Details for 1050 Molino Ave

Interior Features

Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 8
Appliances & Utilities
Appliances: Dishwasher, Disposal, RefrigeratorDishwasherDisposalLaundry: Electric Dryer Hookup,Washer HookupRefrigerator
Heating & Cooling
Heating: Wall FurnaceAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 0

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Carport
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 33

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Not Included in Sale: Washer, DryerIncluded in Sale: RefrigeratorParcel Number: 7262002015

Price & Status

Price
List Price: $1,799,000Price Per Sqft: $413

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Other (OTHR)

Agent Information

Listing Agent
Listing ID: PW24058330

Building

Building Area
Building Area: 4361 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 6495 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Down Payment Resource

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

No Rent Control

Miscellaneous

Mls Number: PW24058330Attribution Contact: 714-797-0812

Additional Information

Sidewalks
Last check for updates: about 9 hours ago
Listing Provided by: Kevin Le DRE #01932189, (714) 797-0812
Triumph Real Estate Solutions
Kevin Le DRE #01932189, (714) 486-1065
Triumph Real Estate Solutions
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24058330

Price History for 1050 Molino Ave

DatePriceEventSource
03/23/2024$1,799,000Listed For SaleCRMLS #PW24058330
03/22/2024$1,799,000ListingRemovedCRMLS #PW24033912
02/18/2024$1,799,000Listed For SaleCRMLS #PW24033912
12/20/2023$1,795,000ListingRemovedCRMLS #PW23192691
10/16/2023$1,795,000Listed For SaleCRMLS #PW23192691
03/29/2000$327,500Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$6,914
Assessment$483,793
Home facts updated by county records

Comparable Sales for 1050 Molino Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Multi-Family Home
$1,400,000
07/18/23
8
4
4,896
0.39
Multi-Family Home
$1,394,200
02/26/24
7
6
3,919
0.46
Multi-Family Home
$1,570,000
10/26/23
8
7
4,596
0.33
Multi-Family Home
$875,000
01/26/24
7
3
2,204
0.44
Multi-Family Home
$2,250,000
05/16/23
14
8
6,040
0.62
Multi-Family Home
$1,485,000
06/23/23
9
5
4,158

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Side

  • Trulia User
    "It’s a friendly neighborhood, with lots and lots of store and restaurants nearby. Easy freeway access. Safe, friendly area with plenty of services near by. It’s a safe area o"
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  • Trulia User
    "There are good schools over here and most people are helpful. Street parking can be a bit much when you go out which is the only downside. The area stays relatively busy during the day but quiet at night."
    2
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  • Ariah L.
    "Most of the time, the dogs are on leashes and neighbors pick up after their pets. It’s a nice area and most people have different types of dogs. There are also a few dog parks nearby as well."
    0
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  • Trulia User
    " The neighborhood is safe nice friendly there's lots of friendly people it's fun to travel and go to parks and take my dog for a walk and and go to the store"
    1
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  • Ariahlea
    "We have different outdoor everts depending on the time of year. It's safe and welcoming. More festive things happen around the holidays."
    0
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  • Trulia User
    "I have only lived in the traffic circle area for 7 months. It’s a safe and accessible area in Long Beach."
    2
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  • Trulia User
    "This neighborhood is not clean lot of homelessness and drug use neighbors don’t pick up after themselves and trash every day even after street sweeping"
    0
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  • Rnichols718
    "My commute is easy. Easy routes in every direction. Access to nearby 405 605 and the 22. Within 10 minutes to each. "
    1
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  • Jaeana M.
    "fleas and ticks in the grass other dog owners don’t clean the poop up and dogs like to go and smell it"
    4
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  • Tom G.
    "Great place to live. Easy access to the freeway. Great food and shopping. Best place I have ever lived"
    0
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  • Saahirk
    "Great place to live. Neighbors are friendly, lots of green space and parking. Pretty quiet. Most people are young families and young professionals."
    1
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  • Alnoble
    "It is a safe and friendly area. There are two Starbucks within easy walking distance. Super markets, gas stations, nail polars and just about anything you need is only a short walk away."
    1
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  • Martha_20ramirez
    "People are always walking their dogs and most owners clean up after them. It’s just some of them are off their leashes but they are well behaved "
    1
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  • Martha_20ramirez
    "Most neighbors keep to themselves but if you greet them they’ll greet you back. There’s always cars parked on the street with their emergency lights on too. "
    2
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  • Natalie J.
    "Not a fan, parking is awful and 4th Street is really loud. The people are nice enough and I don’t feel unsafe walking around, it’s just a huge hassle to go anywhere after 7:00pm on a weekday or anytime on the weekends. "
    32
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  • Nathan B.
    "I work in Torrance , so my commute is generally 30-40min each way (sometimes longer). Access to the 405 isn’t bad but with traffic can be a bit annoying. Evening rush hour causes a lot of delays."
    1
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  • Jonathan G.
    "hi you see people walking all the time they are always with a dog or 2 and they have poop pick up bags just put around on different trees with a disposal near each one so convenient "
    0
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  • Jeanette S. B.
    "This neighborhood is very nice and quiet. I used to live by Polytechnic and we had a ton of loud neighbors. Blasting music until 4am. Neighbors are very nice. Lots of parks to walk around and enjoy. "
    3
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  • Martha_20ramirez
    "There’s bus stops near by and most people get around in their cars. A couple of people commute by their bicycles. I get around by my car, most things are within a 10 minute drive. "
    1
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  • Ingrid O. .
    "I like that everything's waking distance and houses are pretty. the only things I dont like are the commercial areas too close to resendtial areas "
    5
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  • Milan d. l. R.
    "It’s a mile from the beach, just north of retro room, and in between downtown Long Beach in Belmont shore. There’s a lot of amenities in walking distance like grocery stores, coffee shops, restaurants, bars and a whole slew of other shops."
    7
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  • John L.
    "There are a lot of homeless people who live in this neighborhood. The police keep close watch over this neighborhood."
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  • Virginia B.
    "I’m by the beach so you feel a nice breeze. There are also many shopping centers, community events and many eclectic cuisines restaurants. There’s many different cultures and a string acceptance of the LQBTQ community. Also, many dog friendly areas/ restaurants. "
    3
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  • Gina M.
    "Excellent Neighbors and convenient location we really love it! Close to all shopping and starbucks, vons, all the amenities and the beach is only a bike ride away! 10 mins away, not too mention Belmont Shore and surrounding areas are the best in Long Beach!"
    4
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LGBTQ Local Legal Protections

Kevin Le, Triumph Real Estate Solutions
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 2024-01-24 10:53:37 PST 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1050 Molino Ave, Long Beach, CA 90804 is a 9 bedroom, 8 bathroom, 4,361 sqft multi-family built in 1971. 1050 Molino Ave is located in East Side, Long Beach. This property is currently available for sale and was listed by CRMLS on Mar 23, 2024. The MLS # for this home is MLS# PW24058330.