1071 Olive, Long Beach, CA 90813
1071 Olive, Long Beach, CA 90813
1071 Olive, Long Beach, CA 90813
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$1,450,000
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6,516 Sqft Lot
Active

1071 Olive Long Beach, CA 90813

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW26193792

HOA Y/N No

Year Built 1961

Lot Size 6,516 Sqft

Property Sub-Type Apartment

Property Description

1071 Olive Avenue is a well-maintained six-unit apartment building near Downtown Long Beach. The property offers a desirable unit mix consisting entirely of 2bed/1bath units, all updated within the past five years. Several units feature in-unit laundry and ductless mini split air conditioning. One unit is currently vacant, providing an immediate opportunity to lease at market rent. The property includes four driveway parking spaces, a freestanding one-car garage and an unused laundry room with additional income potential.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Heating Heat Pump, Wall Furnace

Cooling Ductless

Fireplaces Type None

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N No

View None

Total Parking Spaces 5

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7274012018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Cody Charnell Sage Real Estate Group, Inc. 562-896-3851, DRE #01950585

NEARBY SCHOOL & BUSINESS

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Lee Williams

Lee Williams

Agent License ID: 01726182

+1(310) 400-6389

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1071 Olive