
1050 Molino Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated payment $10,185/month
About This Home
Good residential income property. Located in a nice and high demanding rental part of Long Beach City. Property is locating couple miles to the beach. Cal State Long Beach ,18 Golf Course, VA Hospital is near by. Property has 4 units, three units with 2Br and 1.5 Br. Front unit is 3Br and 1.75 Br. Unit #1 and unit #4 has a new laminate floors new bath room, new kitchen cabinetry. Drive by only!
Listing Agent
Triumph Real Estate Solutions Brokerage Phone: 714-292-7264 License #01318345 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,036
Year Built
- Built in 1971
Lot Details
- 6,495 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,361 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 7262002015
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $70
- Insurance Expense $1,800
- Trash Expense $1
- Water Sewer Expense $290
- Operating Expense $12,922
- Gross Income $69,000
- Net Operating Income $12,922
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $7,036 | $503,336 | $302,005 | $201,331 |
2024 | $7,036 | $493,468 | $296,084 | $197,384 |
2023 | $6,914 | $483,793 | $290,279 | $193,514 |
2022 | $6,511 | $474,308 | $284,588 | $189,720 |
2021 | $6,355 | $465,008 | $279,008 | $186,000 |
2019 | $6,263 | $451,218 | $270,734 | $180,484 |
2018 | $5,996 | $442,372 | $265,426 | $176,946 |
2016 | $5,496 | $425,196 | $255,120 | $170,076 |
2015 | $5,286 | $418,810 | $251,288 | $167,522 |
2014 | $5,267 | $410,607 | $246,366 | $164,241 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Price Changed | $1,765,000 | +3.9% | $405 / Sq Ft |
07/08/2025 07/08/25 | For Sale | $1,699,000 | -- | $390 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | Orange Coast | |
Grant Deed | $327,500 | Fidelity Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $459,000 | New Conventional | |
Closed | $80,000 | No Value Available | |
Closed | $80,000 | Commercial | |
Closed | $300,000 | New Conventional | |
Closed | $245,000 | Unknown | |
Closed | $500,000 | Purchase Money Mortgage | |
Closed | $250,000 | Unknown | |
Previous Owner | $245,625 | Seller Take Back |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25152722

APN: 7262-002-015
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