1209 Olive Avenue Active

Long Beach,CA 90813

$ 1312000

- Bed

0 Bath

3540 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $370

MLS Listing ID CRPW25075601

HOA Y/N No

Year Built 1928

Lot Size 6,501 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

1209 Olive Avenue is a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry. 1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91). Current rents offer a new investor 13 percent rental upside. 1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.

Location

State CA

County Los Angeles

Zoning LBR4

Interior

Fireplace No

Laundry Community Facility

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7274003010

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