Seller's Agent in 2013
Douglas Kramer
RE/MAX
(949) 922-2291
78 Total Sales
1037 Molino Ave Long Beach, CA 90804
Rose Park Neighborhood
5
Beds
4
Baths
2,856
Sq Ft
6,371
Sq Ft Lot
Highlights
- Laundry Room
- Floor Furnace
- Carpet
- Woodrow Wilson High School Rated A
- 5 Car Garage
About This Home
As of November 2013This four unit income property is located adjacent to the Rose Park Historic District and features a charming single level Spanish Colonial duplex in the front of the property and a pair of apartments over a five car garage at the back of the property. The front unit is a spacious two bedroom, one bathroom residence that measures approximately 1,065 square feet and last rented for $1,200 per month, but which could go for significantly higher now that it has been refurbished. The remaining one bedroom apartments – of which there are three - are all leased by reliable tenants and generate an additional $2,670 per month. In addition there is potential for further income through rental of one of the available single car garages. The front structure was built in 1939 and reflects the architectural character of the period, and the back units were built in 1987. The physical address of the property is 1037 Molino but the tax information can be located under the address of “1033 Molino”.
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01374637 Listed on: 10/17/2013
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01318970
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1997
Lot Details
- 6,371 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
- Parking Available
- Driveway
Home Design
- 2,856 Sq Ft Home
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Floor Furnace
- Wall Furnace
- Sewer Paid
Additional Features
- Gas Range
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection, water
- Tax Lot 34
- Tax Tract Number 33
- Assessor Parcel Number 7262003018
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $1,293
- Water Sewer Expense $1,092
- New Taxes Expense $7,788
- Gross Income $4,065
- Net Operating Income $37,445
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2013 11/26/13 | Sold | $667,000 | +2.8% | $234 / Sq Ft |
| 10/21/2013 10/21/13 | Pending | -- | -- | -- |
| 10/17/2013 10/17/13 | For Sale | $649,000 | -- | $227 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Douglas Kramer
-
EARNEST KIDD
E
Buyer's Agent in 2013
EARNEST KIDD
Berkshire Hathaway HomeServices California Properties
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13211657
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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. Properties may or may not be listed by the office/agent presenting the information
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