Skip To Content

3581 Olive Avenue

Long Beach, CA 90807
  • $1,095,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: PW26022511
$1,095,000
  • 2
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Trophy Spanish Fourplex in Coveted California Heights Ideal Owner-User or Investment Opportunity! Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beachs most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value. The property consists of four unitstwo 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $76,056 annually, with pro-forma potential of approximately $87,360 based on market rents. Additional features include three private garages and ample street parking. The location is unbeatablejust 23 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls. This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.

Monthly Payment Calculator



San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/172684973
Print Image

3581 Olive Avenue Long Beach, CA 90807

  • Price: $1,095,000
  • Status: Active
  • On Site: 11 Days
  • ID#: PW26022511
2
Beds
0
Baths
0
½ Baths
0.1
Acres
Neighborhood:
Long Beach (90807)
County:
Los Angeles
Area:
Long Beach (90807)
Property Description
Trophy Spanish Fourplex in Coveted California Heights Ideal Owner-User or Investment Opportunity! Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beachs most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value. The property consists of four unitstwo 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $76,056 annually, with pro-forma potential of approximately $87,360 based on market rents. Additional features include three private garages and ample street parking. The location is unbeatablejust 23 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls. This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.
Exterior Features

Pool Features N/K Spa Features N/K

Interior Features

Bathrooms Total 4 Cooling N/K Levels 2 Story

Property Features

Association Fee 0 Building Area Total 0 CFDMello Roos Fee 766 CFDMello Roos Fee Reflct Year Gross Scheduled Income 76056 List AOR Pacific West Listing Terms ConventionalFHAVA Lot Size 4000-7499 SF Monthly Total Fees 63 Operating Expense 0 Possession Other/Remarks Property Sub Type Res Income 2-4 Units Sale Rent For Sale Subdivision Name California Heights (CH) Tenant Pays ElectricityGas/Propane Zoning Assessor

San Diego MLS logo Listing provided courtesy of Timothy Majka of Keller Williams Coastal Prop.: 562-900-9430. Listing information © 2026 San Diego MLS Inc. Source:


San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306634637-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306634637-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_306634637-1.jpg
Logo
COMPASS
16909 Via De Santa Fe Suite 100
Rancho Santa Fe CA, 92067