627 Molino Avenue, Long Beach, CA, 90814

627 Molino Avenue, Long Beach, CA, 90814 < >
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for sale
$1,299,000
Bedrooms:7
Bathrooms:6
Square Feet:3887
Year Built:1911
Status:Active
MLS #:PW17159774
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
Get More Information
Go See This Home
PRICE REDUCTION! Very unique and large 3 unit property in South Rose Park, south of 7th Street, just 1/2 mile to the beach! These 3 units consist of a total of 3887 square feet on a 6770 SF lot. The FRONT HOUSE is a 3 bedroom 2 bath refurbished Craftsman home (627 Molino). The BACK HOUSE (629 Molino) has 2 units: DOWNSTAIRS UNIT is a studio with one bedroom, one bath and an outdoor cooking area accessed by slider; UPSTAIRS UNIT is 3 bedroom, 3 bathroom with a large kitchen and living area with a large balcony, and each large bedroom has its own bathroom and walk-in closet. * Fully occupied * this triplex brings in total of $5,445/month currently with long term tenants that have been there for 13 years! $2350 from the front house (market value $2600) and $3095 from the 2 back units (market $4000) with long term tenants. Importantly, this property also has 2 2-car garages (4 garage spaces) plus 2 uncovered designated off-street parking spaces, 4 more parking spaces in front of each of the garage spaces for a total of 10 PARKING SPACES. There is a WASHER AND DRYER in each of the 2 garages. This is an excellent investment in a non-rent controlled city, and this property has never had a
Interior Details
Bathrooms Full: 6Fireplace Features: None
Interior Features: Granite Counters, Living Room Balcony, Recessed LighLevels: One, Two
Stories Total: 1

Exterior Details
Architectural Style: Craftsman, Custom BuiltDirection Faces: East
Garage Spaces: 4.00Parking Features: Assigned, Covered Parking, Uncovered, Garage, Direct G
Pool Features: NoneView: Neighborhood

Community Information
Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting, SuburCounty Or Parish: Los Angeles
Directions: 7th Street to Molino Ave.Parcel Number: 7262030022
Senior Community YN: 0Subdivision Name: Other (OTHR)
Zoning: LBR2N

School Details
High School District: Long Beach Unified

Property Information From MLS Data
Property Sub Type: DuplexYear Built: 1911

Utilities
Cooling: NoneHeating: Central Furnace
Water Source: Public

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Price:$1,299,000
Down Payment:
Loan Amount:$1,039,200
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Nancy Deprez, Century 21 Masters

Information obtained from CACRMLS is current as of 11/21/2017 1:27 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.