$10,000 Closing Credit¹
#PW25052506, Rick Applebaum, Listing Office: Morgan Skenderian
$1,620,000 List price
1058 Molino Ave Long Beach, CA 90804
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 1058 Molino Ave
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.
Highlights
Home typeCondominium
StatusActive
Lot size0.15 Acres
Year built1925
MLS #OC25053698
Summary
- MLS Number: OC25053698
- MLS Name: CRMLS
- Office Name: Marcus & Millichap RE Invest
- Office Email: tleeson@marcusmillichap.com
- Listing Agent: Tyler Leeson
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: 4/9/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,620,000
1058 Molino Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 13, 2002 | Home Sold | $460,000 |
| Mar 06, 2000 | Home Sold | $275,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $667,156 | $9,921 |
| 2023 | $654,094 | $9,737 |
| 2022 | $641,288 | $9,170 |
| 2021 | $628,733 | $8,948 |
| 2020 | $621,357 | $8,820 |
| 2019 | $609,174 | $8,513 |
| 2018 | $597,231 | $8,421 |
| 2017 | $585,521 | $8,421 |
History based on county public records data.
Nearby schools
5
Willard Elementary School
Public District KG-5
0.3 mi
•1055 Freeman Ave
6
Burbank Elementary School
Public District KG-5
0.5 mi
•501 Junipero Ave
6
Nieto Herrera Elementary School
Public District KG-5
0.5 mi
•1620 Temple Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,823. The most common annual income of people living in Long Beach, CA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
54%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
28%
Single, with Kids
9%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
33%
18-34 yrs old
33%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Boston Market
Popeyes
What do the neighbors drive?
Dodge
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1058 Molino Ave
This home is located at 1058 Molino Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $1,620,000.
In March 2025, from all listings sold in Long Beach, CA there were more than 58 sold above asking price, over 59 sold below and more than 28 were sold right at the asked price. The number of homes for sale in Long Beach, CA increased by 5% between February and March 2025. In March 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $830,250.
From Rocket Homes Real Estate and based on county public records data.