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1075 Molino Avenue

Long Beach, CA 90804

– beds
– baths
– sqft
6,369 sqft lot
1979 build
– on site

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.

Listed By CRMLS_CA / Mark Perez / Circle Real Estate / 562-754-0660

Last checked: Checking… • Last updated May 17, 2025 •

MLS# RS25102437 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1979
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Frame
Building Area Total:

3712.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Roof:

Composition
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Levels:

One
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

10th St/ Molino Ave
Latitude:

33.78035700
Longitude:

-118.16144100

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LBR2N
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6369.0000
Lot Size Acres:

0.1462
Lot Size SqFt:

6369.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5769.01
Tax Lot:

24

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7262003013
Showings Begin:

2025-05-17

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Sewer Paid
Water Source:

Public

The Community

Features:

Sidewalks, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

8.00
Garage Spaces:

4.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/17/25 May 17, 2025	Listed / Active	CRMLS_CA	$1,699,000

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This multifamily located in Rose Park, Long Beach, CA 90804 is currently for sale for $1,699,000. 1075 Molino Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1075 Molino Avenue is in the Rose Park neighborhood of Long Beach and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Jefferson Leadership Academies, Willard Elementary School, and Wilson High School.

Listing Courtesy of: CRMLS_CA and Circle Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 17:00 on May 17.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.