Property Details
About this Property
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
MLS Listing Information
MLS #
CRPW24198055
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Exterior Features
Roof
Shingle
Pool
None
Style
Craftsman
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 1 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Juan Huizar
Sage Real Estate
License #: 01417642
Phone: –
Co-Listing Agent
Theresa Cornwell
Sage Real Estate
License #: 02230080
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 3 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1201 Olive Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,541 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $980,000 and was built in 1919. This address can also be written as 1201 Olive Ave, Long Beach, CA 90813.
©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Juan Huizar
