Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Dynasty
Property view
Listing view 2
Listing view 3

1075 Molino Avenue #D, 
Long Beach, CA 90804

$1,699,000


Bed


Bath


3,712

Sq Ft


Multi-Family

Active

Listed by

Mark Perez

Circle Real Estate

562-521-9022

Last updated:

May 19, 2025, 10:10 AM

MLS#

RS25102437

Source:

CRMLS

About This Home

1075 Molino Avenue #D

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.

Home Facts

Multi-Family

Built in 1979

Price Summary

1,699,000

$457 per Sq. Ft.

MLS #:

RS25102437

Last Updated:

May 19, 2025, 10:10 AM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

3,712 Sq. Ft.


Structure

Structure

Building Area:

3,712 Sq. Ft.

Year Built:

1979


Lot

Lot Size (Sq. Ft):

6,368


Finances & Disclosures

Finances

Price:

$1,699,000

Price per Sq. Ft:

$457 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Dynasty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Dynasty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

Contact an Agent

Your message will be sent to a Coldwell Banker Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Your message will be sent to a Coldwell Banker Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.