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627 Molino Avenue, Long Beach, CA 90814

$1,349,000
7 BR , 6 full BA Single Family Home MLS# PW17159774 ID: 46473089
$1,349,000 Get Rates

Very unique and large 2 ON A LOT - DUPLEX in South Rose Park, south of 7th Street, just 1/2 mile to the beach! These 2 houses on alot consists of a total of 3887 square feet on a 6770 SF lot, and consists of a 3BD, 2BA refurbished Craftsman home in thefront (627 Molino) and a huge 2 story 4BD, 4BA house (629 Molino) in the back which was newly constructed in 2003,with side alley access. Fully occupied, this duplex brings in $2350 from the front house (market value $2600) and $3095 from theback house (market $3500) with long term tenants. The back house could further be divided into 2 separate suites, a one bedroomone bath downstairs plus a 3BD, 3BA upstairs. Importantly, this property also has 2 2-car garages (4 garage spaces) plus 2uncovered designated off-street parking spaces, plus a paved outdoor area. There is a washer and dryer in each of the 2 garagesfor the tenants' use. The duplex is completely separately metered and the tenants pay all their own utilities. The owner only coversthe gardening which is $55 per month. This is an excellent investment in a non-rent controlled city, and this property has never hada problem attracting great tenants. The possibilities of its use are endless as an owner user can use part of the property whilehaving a great mortgage helper. The property is well maintained and in a great neighborhood near shopping, transit, the ocean andbeach, on route to Cal State Long Beach (just one bus ride).

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Location Information near 627 Molino Avenue
Offered by Nancy Deprez at Century 21 Masters

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Property Features for 627 Molino Avenue
Status
Market Status
Available
Last Updated
August 18, 2017
Description
Property Type
Single Family Home
Year Built
1911
Bedrooms
7 BR
Baths
6 full BA
Stories
1.0
Sq. Feet
3,887

Appliances

  • Washer/Dryer Inc.: Clothes Washer

Building Features

  • Dwelling Faces: Eastern Exposure

Community Info

  • Home Owner Asso.: Sidewalks, Street Lights

Exterior Features

  • Garage: Garage(s)
  • Parking: Assigned Parking, Covered Parking, Uncovered Parking

Interior Features

  • Interior Construction: Balcony/Deck in Living Room, Bedroom(s) Downstairs, Family Room, Living Room, Main Floor Bedroom, Master Bedroom on Main Floor, Recreation Room, Walk-In Closet(s)

Location

  • MLS Area: 2 - Belmont Heights, Alamitos Heights
  • Nancy Deprez
  • Century 21 Masters

Data Provided by:
California Regional Multiple Listing Service

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More information about this $1,349,000 Single Family Home at 627 Molino Avenue

This $1,349,000 Single Family Home at 627 Molino Avenue in Long Beach, CA is presented by Nancy Deprez. This $1,349,000 Single Family Home, located in the 90814 zip code, has the following property features: Home Owner Asso., Interior Construction, Washer/Dryer Inc., Parking. This 627 Molino Avenue Single Family Home, located in Los Angeles County , is listed under MLS listing number PW17159774, has 7 beds, 6 baths, and has a listing price of $1,349,000. You can find more LONG BEACH homes for sale here.