1042 Molino AVE, Long Beach, CA 90804 – PW22074536

$3,125,000

$3,275,000

4.6%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

6,494 Sqft Lot

SOLD DATE : 07/07/2022

Key Details

Sold Price $3,125,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID PW22074536

Sold Date 07/07/22

HOA Y/N No

Year Built 1987

Lot Size 6,494 Sqft

Property Description

1042 Molino Ave. Built in 1987 is a 9 unit building 3 story building with 13 ground level parking spots (9 Spots are gated with 4 more covered spots on the alley). This is a great bread and butter rental property, in an area that is well desired, with room to raise rents. It has a great unit mix with Seven 2 bedroom 2 bath units, One 1 bedroom 1 bath, and One 3 bedroom 2 baths, all with great layouts . Newer construction, complete exterior paint in 2016, balconies and on-site laundry make this a great property. Separately metered for gas, and electrical, and each unit has it's own water heater, dishwashers (hard to find), and wall heaters. Master metered for water. Buyers to very property details including but not limited to square footage, permits, upgrades, zoning, etc.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Electric Gate, Community Structure

Garage Spaces 13.0

Garage Description 13.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 13

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7262002017

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Wade Tettenburn • Palazzo Realty Inc.
Bought with Damien Breaux • Morgan Skenderian

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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