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1071 Olive , Long Beach, CA 90813
$1,450,000
Est. Payment: $7,744.01/mo
12 Bed
6 Bath
4364 Sqft
Status: Active | Days on site: 19
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0173 - PWCHCODY
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Chris Heller
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House Description

1071 Olive Avenue is a well-maintained six-unit apartment building near Downtown Long Beach. The property offers a desirable unit mix consisting entirely of 2bed/1bath units, all updated within the past five years. Several units feature in-unit laundry and ductless mini split air conditioning. One unit is currently vacant, providing an immediate opportunity to lease at market rent. The property includes four driveway parking spaces, a freestanding one-car garage and an unused laundry room with additional income potential.
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Highlights

Listed by Cody Charnell , 5628963851 Sage Real Estate Group, Inc. , 562-400-7622. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1961

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

 Neighborhood

Downtown (DT)

Listing ID

PW26193792

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:
Air Cond:Ductless
Fireplaces:
Water:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:5
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$7,744
Taxes
$924

Home Price

$1,450,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$290,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,744.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,744.01 $924.38 $0.00 $8,668.39
Yearly $92,928.18 $11,092.50 $0.00 $104,020.68
Total $2,787,845.35 $332,775.00 $0.00 $3,120,620.35

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T05:04:10.000Z

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