$1,312,000

1209 Olive Avenue, Long Beach, CA 90813

3,540 sqft

other
Built in 1928
6,534sqft lot
—— car garage
$371/sqft
Listed 7 months ago

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.

Listing Status:: Pending
Date Added:: April 7, 2025 at 05:00AM
Listing Office:: Steven M. Bogoyevac, Broker : 562-436-5800
Listing Agent:: Steven Bogoyevac : 562-257-1231
MLS ID:: CRPW25075601

Laundry: Common Area

County: Los Angeles

Zoning: LBR47274003010

This listing courtesy of Steven Bogoyevac, Steven M. Bogoyevac, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln Elementary School

1175 E 11th St, Long Beach, CA, 90813

Grades KG-5

0.34 miles away

Franklin Classical Middle School

540 Cerritos Ave, Long Beach, CA, 90802

Grades 6-8

0.65 miles away

Polytechnic High School

1600 Atlantic Ave, Long Beach, CA, 90813

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.