1058 Molino Avenue is a 9-unit multifamily investment property located in Long Beach, CA. Built in 1925, 1058 Molino Avenue offers a diverse mix of studio, one, and two-bedroom units. The property features unique architecture with a mix of eight, single-story units and one, two-story townhome unit. Furthermore, the gated property features an on-site laundry facility, a highly sought after amenity that provides ownership with an additional revenue stream. Situated in the Zaferia neighborhood of Long Beach, 1058 Molino Avenue’s central Long Beach location provides residents with convenient access throughout the city. Located just a short walk from the property is Orizaba Park, a 3.72-acre public park offering a soccer field, a skate park, a basketball court, and a spacious community center. The property’s location also provides walkable access to daily necessities at the Food 4 Less and Rite Aid anchored Belmont Center. Additionally, the property is just over half-a-mile from Retro Row and just over 1.25 miles from Traffic Circle, providing residents easy access to an abundance of retail, dining, &' entertainment options. Furthermore, 1058 Molino Avenue is just over 2.20 miles from Veteran Affairs Medical Center and California State University, Long Beach, two of the city’s premier employers. The property’s ideal Long Beach location surrounded by an abundance of area amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1058 Molino Avenue.
Property Details
Price:
$1,800,000
MLS #:
OC25053698
Status:
Active
Baths:
0
Address:
1058 Molino Avenue
Type:
Residential Income
Subtype:
Apartment
Subdivision:
Circle CA
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Mar 11, 2025
State:
CA
ZIP:
90804
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1925
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
0.00
Lot Features
Level with Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1058 Molino Avenue Long Beach CA
- Area3 – Eastside, Circle Area
- SubdivisionCircle (CA)
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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1058 Molino Avenue
Long Beach, CA
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