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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
$ 1,312,000
Est. payment /mo
Active Under Contract
1209 Olive Avenue Long Beach, CA 90813
3,540 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,540 sqft
Price per Sqft $370
MLS Listing ID PW-25075601
Year Built 1928
Lot Size 6,501 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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.
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
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4R
Interior
Laundry Community
Exterior
Garage Spaces 1.0
Pool None
Community Features Suburban
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944