Long Beach, CA 90813,1201 Olive Avenue
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Long Beach, CA 90813,1201 Olive Avenue
Long Beach, CA 90813,1201 Olive Avenue
Long Beach, CA 90813,1201 Olive Avenue
Long Beach, CA 90813,1201 Olive Avenue

$980,000

Est. payment /mo

$875,000

12.0%
Est.Price: ?

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1201 Olive Avenue Long Beach, CA 90813

8 Beds

2,552 SqFt

SOLD DATE : 11/18/2024

Key Details

Sold Price $980,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $384

MLS Listing ID CRPW24198055

Sold Date 11/18/24

Bedrooms 8

HOA Y/N No

Year Built 1919

Lot Size 6,541 Sqft

Acres 0.15

Property Description

Introducing 1201 Olive Avenue, a charming Craftsman property with four units, perfect for investors or those seeking multi-family living in a prime location. The front house is a beautifully remodeled Craftsman-style home, offering 3 bedrooms and 1 bath. It boasts a welcoming porch, a brand-new kitchen with modern cabinets, countertops, and flooring, plus a spacious bathroom. Laundry hookups are conveniently included. The middle unit is a detached 2-bedroom, 1-bath home, offering privacy and potential. At the rear of the property, you'll find two additional units. The downstairs unit is a cozy 1-bedroom, 1-bath with its own garage, while the upstairs unit features 2 bedrooms and 1 bath, perfect for additional rental income or extended family. This property is uniquely positioned with both a rear alley and a side alley that runs along the property, giving it the feel of a corner lot and adding flexibility for potential parking expansion. The large lot offers even more opportunity for future development or additional parking spaces. All units are individually sub-metered for gas and electric, making it easy to manage. While the property could use some TLC, it is priced to sell and has immense potential. Additionally, this property is located in an area eligible for the Ladder Up Ho

Location

State CA

County Los Angeles

Area Listing

Zoning LBR4

Interior

Flooring Vinyl

Fireplace No

Laundry Inside

Exterior

Exterior Feature Other

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 7274003012

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Bridge MLS
Listed by Juan Huizar • Sage Real Estate
Bought with DaraChay
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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