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,… Read More 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. Read Less
Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac steve.bogoyevac@marcusmillichap.com
Listing Snapshot
Days Online
17
Last Updated
Property Type
Mixed Use
Lot Size
0.15 Acres
Year Built
1928
MLS Number
PW25075601
30 Days Snapshot Of 90813
$631k
+37%
(avg) sold price
7
+133%
homes sold
84
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1928, Building area total: 3,540, 3 buildings, Common walls: NoCommonWalls
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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