1058 Molino Avenue

For Sale

1058 Molino Avenue, Long Beach, CA 90804

This Long Beach property for sale is located at 1058 Molino Avenue. The general use of 1058 Molino Avenue is multi-family and it incorporates 4,776 square feet of class C multi-family space. The current listed sale price for 1058 Molino Avenue is $1,800,000. 1058 Molino Avenue is situated on a lot that is 0.15 acre in size.

Contacts

broker
Nick Kazemi

The Leeson Group Marcus & Millichap

Property Details

  • Property Type Multi-Family
  • Property Size 4,776 SF
  • Units 9
  • Lot Size 0.15 Acre
  • Building Class C
  • Year Built 1925
  • Date Updated Mar 11, 2025
N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1058 Molino Avenue, 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.
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Highlights

  • Offers a Mix of Studio, One, & Two-Bedroom Floor Plans, Helping to Attract a Diverse Renter Pool
  • Eight Units Feature Highly Desirable Single-Story Construction
  • One, Spacious Two-Bedroom Townhouse Unit
  • Controlled Access with a Call Box
  • On-Site Laundry Facility, Providing an Additional Revenue Stream
  • Walkable Access to Orizaba Park & Belmont Center
  • Central Long Beach Location Provides Convenient Access Throughout the City

Getting around

  • 90/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Long Beach, CA
  • Neighborhood Rose Park
  • Zip Code 90804
  • Market Los Angeles

Points of Interest

  • Anaheim Street

    1.65 miles

  • 5th Street

    1.70 miles

  • Pacific Coast Highway

    1.77 miles

  • Pacific Avenue

    1.97 miles

  • Wardlow

    3.42 miles

  • Del Amo

    5.50 miles

  • ARCO

    0.49 miles

  • Mobil

    0.53 miles

  • SB gas

    0.56 miles

  • Chevron

    0.60 miles

  • Arco

    1.05 miles

  • Speedway Express

    1.17 miles

  • USA gas

    1.17 miles

  • Blink Charging Station

    1.36 miles

  • Shell

    1.42 miles

  • Vons 3076 Fuel Station

    1.51 miles

  • Long Beach Transit

    0.54 miles

  • P2

    0.99 miles

  • Lot 7 staff

    1.04 miles

  • Lot 10

    1.06 miles

  • Lot 3 Staff

    1.09 miles

  • "JJ"

    1.11 miles

  • Lot 1

    1.13 miles

  • Lot 4 Staff

    1.14 miles

  • Lot 9 Staff

    1.15 miles

  • Lot 2

    1.16 miles

  • Royal Inn Motel Long Beach

    0.38 miles

  • Coast Motel

    0.66 miles

  • Long Beach Inn

    0.67 miles

  • Cherry Motel

    0.69 miles

  • Monterey Motel

    0.76 miles

  • Quality Inn Near Long Beach Airport

    0.80 miles

  • Quality Inn Long Beach - Signal Hill

    0.81 miles

  • Quality Inn Long Beach - Signal Hill 1

    0.83 miles

  • Liberty hotel

    0.87 miles

  • QueenCity Inn

    0.93 miles

  • La Bodega

    0.24 miles

  • Northgate Market

    0.38 miles

  • Food 4 Less

    0.40 miles

  • Factory 2-U

    0.42 miles

  • Big Saver Food

    0.43 miles

  • Total Fashion

    0.44 miles

  • Ralphs

    0.64 miles

  • Smart & Final Extra!

    0.64 miles

  • La Vista Market Carniceria

    1.08 miles

  • ALDI

    1.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nick Kazemi

The Leeson Group Marcus & Millichap

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