Signal Hill, CA 90755,1882 Molino AVE
Signal Hill, CA 90755,1882 Molino AVE
2
$1,780,000
Est.Price: ?

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5,501 Sqft Lot

1882 Molino AVE Signal Hill, CA 90755

Est. payment /mo
SOLD DATE : 05/10/2021

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Key Details

Sold Price $1,780,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Signal Hill (Sh)

MLS Listing ID PW21011058

Year Built 1964

Lot Size 5,501 Sqft

Property Description

Exceptionally located near the top of the hill in Signal Hill, this 5-unit building has much to offer an investor or an investor-owner. The area draws tenants and the building seals the deal! All units have been remodeled to some degree with vinyl planking flooring, granite or quartz counters, dual paned windows, upgraded appliances, some stainless steel. Two units have central A/C. The three upstairs units offer magnificent panoramic views from Long Beach to the Pacific Palisades. The downstairs units will not be left out and take pride in their cozy patios. The Penthouse is a townhouse-style corner unit with 3br/1.5 ba, and 2 patios (one enclosed downstairs and one panoramic deck off the living room. This building commands higher than normal rent, though the virus has put rental increases on temporary hold so there is now room to grow. There are two double car garages offering 4-parking spaces and one outside space. There is a community area in the rear for tenant use. The building is gated and private, offering additional security. Community laundry, block wall, and additional storage for the tenants on the north side of the building. Unit mix is as follows; One (1) 3BD 1.5BA and Four (4) 2BD 1BA. Unit D 3D tour: https://my.matterport.com/show/?m=xNNsG9T4d2n. Unit E 3D Tour: https://my.matterport.com/show/?m=KQiKWdoZ8Ry

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Zoning SHR3*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central, Wall Furnace

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type None

Laundry Common Area

Exterior

Exterior Feature Lighting

Garage Assigned

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Good Condition

Pool None

Community Features Curbs, Park, Street Lights, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Harbor, Mountain(s), Neighborhood, Panoramic

Building

Lot Description 0-1 Unit/Acre, Near Public Transit

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan, Conventional, Submit

Listing Terms Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cheryl Cotton • Keller Williams Coastal Prop.
Bought with Spencer Pabst • Pabst, Kinney & Associates

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