1058 MOLINO AVENUE, LONG BEACH CA 90804
- 4,776 sq.ft.
- 6,534 sq.ft. lot
Property Description
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.
Listing Courtesy of Tyler Leeson, Marcus & Millichap RE Invest
Exterior Features
Use of this site means you agree to the Terms of Use
Based on information from California Regional Multiple Listing Service, Inc. as of April 8, 2025. 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.
