614 Molino Avenue

    Long Beach, CA 90814
    • $999,990
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: PW18245600
    UPDATED: 68 min ago
    $999,990
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,386
      SQFT
    • $419
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Seller says get it sold....Welcome to 614 Molino Ave, located in Rose Park South Historic District. The front house is a beautiful 1917 Craftsman Bungalow with income units in the back yard. Front home is two bedrooms two bathrooms with a Bonus room and Inside laundry. Beautiful hardwood floors and crown molding. Faux fireplace and built-in China Cabinet. Ceiling fans in most of the rooms. Fresh paint through out the house. Long driveway for 3 cars. Property has 4 Gas meters and 4 electric meters, one water meter, zoned as 4 units. Back building is 4 studio apartments. Live in the front Craftsman Bungalow and collect the income of $4,445. Come see this historical beauty. All this and it is just a stroll to the beach, shopping, restaurants, coffee shops, & 4th Street+GGs Retro Row & Art Theater. This is the perfect location between Los Angeles and Orange County to enjoy refreshing Pacific Ocean breezes & the small-town ambiance of Historic Rose Park South!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T23:31:30.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.debonishomes.com/homes/88674723

    614 Molino Avenue Long Beach, CA 90814

    • Price: $999,990
    • Status: Active
    • Updated: 68 min ago
    • ID#: PW18245600
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,386
    SQFT
    $419
    $/SQFT
    1917
    Built
    Neighborhood:
    Other (Othr)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    Seller says get it sold....Welcome to 614 Molino Ave, located in Rose Park South Historic District. The front house is a beautiful 1917 Craftsman Bungalow with income units in the back yard. Front home is two bedrooms two bathrooms with a Bonus room and Inside laundry. Beautiful hardwood floors and crown molding. Faux fireplace and built-in China Cabinet. Ceiling fans in most of the rooms. Fresh paint through out the house. Long driveway for 3 cars. Property has 4 Gas meters and 4 electric meters, one water meter, zoned as 4 units. Back building is 4 studio apartments. Live in the front Craftsman Bungalow and collect the income of $4,445. Come see this historical beauty. All this and it is just a stroll to the beach, shopping, restaurants, coffee shops, & 4th Street+GGs Retro Row & Art Theater. This is the perfect location between Los Angeles and Orange County to enjoy refreshing Pacific Ocean breezes & the small-town ambiance of Historic Rose Park South!
    Exterior Features

    Architectural Style Bungalow Carport Spaces 0.00 Construction Materials Wood Siding Garage Spaces 0.00 Lot Features Near Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportDriveway Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View Neighborhood View YN Yes

    Interior Features

    Average Studio Area 500 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1054 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Flooring Wood Interior Features Ceiling FanCeramic CountersCopper Plumbing PartialCrown MoldingsHigh Ceilings (9 Feet+) Laundry Features Gas Dryer HookupIndividual RoomWasher Hookup

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.45 Community Features GuttersSidewalksStorm DrainsStreet Lighting Country Us Electric Expense 600.00 Elevation Units Feet Fuel Expense 0.00 Garage Income 0.00 Garage Rental Rate 0.00 Gross Income 84540.00 Gross Multiplier 16.26 Gross Scheduled Income 84540.00 Insurance Expense 1200.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Net Operating Income 79740.00 New Construction YN No New Taxes Expense 17185.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Range 5 Number With Refrigerator 5 Operating Expense 4800.00 Professional Management Expense 0.00 Property Condition Additions/Alterations Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Rose Park South Total Actual Rent 4095.00 Total Expenses 21085.00 Trash Expense 0.00 Water Sewer Expense 2100.00 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Mikle Norton of Coldwell Banker Coastal Alliance.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T23:31:30.07. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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