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1050 Molino Ave, Long Beach, CA, 90804

$1,799,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1050 Molino Ave, Long Beach$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1971
HeatingWall Furnace
FireplaceLiving Room
MLS #PW24058330
Lot Size0.15 Acres
StatusActive

About 1050 Molino Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: Triumph Real Estate Solutions
  • Office Phone: (714) 797-0812
  • Listing Agent: Kevin Le

Interior Features

Interior Information:

  • Interior: Recessed Lighting
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Molino / 10 Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000

Tax Information:

  • Annual Amount: $6,355
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$790K

Med. Price/SqFt

$612

Avg. Days On Market

31

# of Sold Homes

174

1050 Molino Ave vs Long Beach

36 DAYS ON ROCKET

+5 Days

$1,799,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24058330

Listing Office:

  • Office Name: Triumph Real Estate Solutions
  • Office Phone: (714) 797-0812
  • Listing Agent: Kevin Le

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 29, 2000Home Sold
$327,500

Tax History

YEARPROP. TAXASSESSMENT
2021$6,355$465,008
2020$6,263$460,241
2019$5,996$451,218
2018$5,932$442,372
2017$5,932$433,699

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2716773
4
/10

  • Willard Elementary School

  • 1055 Freeman Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-2716774
5
/10

  • Lee Elementary School

  • 1620 Temple Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-2716775
5
/10

  • Burbank Elementary School

  • 501 Junipero Ave

  • 0.55 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,823. Typical income of Long Beach, CA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90804›1050 Molino Ave

This home is located at 1050 Molino Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. This home, which was built in 1971, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $1,799,000.

While more than 76 listings in Long Beach, CA in March 2024 were sold above asking price, there were more than 39 listings sold at asking price, and more than 59 were sold below. In March 2024 in Long Beach, CA there were 1.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $790,000, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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