CA > Long Beach
Long Beach, CA 90804,1075 Molino AVE #D
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Long Beach, CA 90804,1075 Molino AVE #D
Long Beach, CA 90804,1075 Molino AVE #D
Long Beach, CA 90804,1075 Molino AVE #D
Long Beach, CA 90804,1075 Molino AVE #D
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Prashant Sampat

Prashant Sampat

+1(562) 841-0227
$ 1,699,000
Est. payment /mo
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Active

1075 Molino AVE #D Long Beach, CA 90804

6,368 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS25102437

HOA Y/N No

Year Built 1979

Lot Size 6,368 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR2N

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks, Urban

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7262003013

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mark Perez • Circle Real Estate • 562-754-0660

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agent
Prashant Sampat

Broker | License ID: 01916221

+1(562) 841-0227 | prashant@pacificaverealty.com

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1075 Molino AVE #D