Long Beach, CA 90804 1075 Molino Avenue D
$1,799,999
45 more
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
Beds • 8
Baths • 8
SQFT • 3,712
Garage • 4
Year Built • 1979
Home Details
This fully remodeled 4-unit property in the heart of Long Beach is a rare, turnkey investment opportunity offering strong income potential and long-term value. Featuring four spacious 2-bedroom, 2-bathroom units across 3,712 square feet on a 6,369-square-foot lot, the building is currently vacant—allowing for immediate lease-up at market rents. With proforma rents of \$2,832 per unit, the projected gross income is \$11,328 per month or \$135,936 annually, positioning this asset as a high-yield performer. The property includes three garages and three uncovered parking spaces, providing ample tenant convenience. Recent renovations showcase modern finishes and high-quality interiors that appeal to today’s renters. Ideally located in a vibrant and evolving neighborhood rich in dining, shopping, and entertainment—just minutes from Cal State Long Beach, Rose Park, Retro Row, and Belmont Shore—this property is perfectly positioned to attract quality tenants and deliver solid returns.
Presented By: Mark Perez with Circle Real Estate; 562-754-0660
Interior Features for 1075 Molino Avenue D
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 1075 Molino Avenue D
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks, Urban
Construction MaterialsFrame
CoolingCentralAir
CountyLos Angeles
Directions10th St/ Molino Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-05-17
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsSubmit
Lot Size Square Feet6369.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4.0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot24
Trash Expense0.0
Unit NumberD
Water Sewer Expense0.0
Year Built1979
Year Built SourceEstimated
ZoningLBR2N
Exterior for 1075 Molino Avenue D
Building Area Total3712.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1462
Lot Size Area6369.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
Price
$1,799,999
MLS#RS25102437
List Date
05/13/2025
Property Type
Multi-Family
Phone
(949) 290-7647
