$10,000 Closing Credit¹
#PW25014615, Stelios Zoumberakis, Listing Office: Keller Williams Coastal Prop.
#RS25102437·
Listing office: Circle Real Estate·
Listing agent: Mark Perez·
Listing office phone: 562-754-0660
$1,699,000 List price
1075 Molino Ave Unit D Long Beach, CA 90804
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1075 Molino Ave Unit 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.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1462 Acres
Year built1979
MLS #RS25102437
Garage4 spaces
Summary
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Heating: Central
- Cooling: Central Air
- List Price: $1,699,000
- HOA Amount: $0
- Directions: 10th St/ Molino Ave
- Year Built: 1979
- Stories: 1
- Lot Size: 0.1462 Acres
- MLS Number: RS25102437
- MLS Name: CRMLS
- Office Name: Circle Real Estate
- Office Phone: (562) 754-0660
- Listing Agent: Mark Perez
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: 5/22/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,699,000
1075 Molino Ave Unit D
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Willard Elementary School
Public District KG-5
0.3 mi
•1055 Freeman Ave
6
Nieto Herrera Elementary School
Public District KG-5
0.5 mi
•1620 Temple Ave
6
Burbank Elementary School
Public District KG-5
0.5 mi
•501 Junipero 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 $35,987. Most Long Beach, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
27%
Single, with Kids
10%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
13%
12-17 yrs old
31%
18-34 yrs old
32%
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?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 1075 Molino Ave Unit D in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $1,699,000.
In April 2025 more than 70 listings in Long Beach, CA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 65 were sold below. The number of homes for sale in Long Beach, CA increased by 7.6% between March and April 2025. In April 2025 median list price was $839,980 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.