5381 Olive Long Beach, CA $ 699,000
5381 Olive
$ 699,000
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5381 Olive

Long Beach, CA, 90805
$ 699,000
Baths1.0 Sq 1,240

Monthly Estimate*

$ 4,304

Listed by Hafa Adai Properties
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View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $699,000 with 1 full bath. This 1,240 square foot home was built in 1924 on a lot size of 0.0872.

Investor's Delight! Profile shows as a duplex, known as 5381 and 5379 Olive Ave., but the units do not share a common wall. Each unit has 2 BR and 1BA. One unit is nearest the street. The other unit is at the back of property separated by a breezeway. Each unit has an assigned 1-car garage. Both have own dedicated patio area. Each unit has own hot water tank with separate electric and gas meters. The property has mostly block fencing on all three sides and cement walkways throughout. There is minimal landscape maintenance. More photos coming soon!

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Multi-Family Active

Price

$ 699,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0872

Year Built

1924

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26043142

Days on Market

2

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Natural Gas Connected
Roof Composition
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1924
Electric Electricity - On Property
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 55200
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 47700
Operating Expense 7500
Insurance Expense 6000
New Construction false
Property Type Residential Income
HOA false
Subdivision Name North Long Beach (NLB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 2 Blocks E/Atlantic; 1 Block S/Market
City Long Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 3798
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 300
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Duplex
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Interior
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Parking Features Door-Single Garage Faces Front Garage
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 3798
Number of Buildings 2
Spa false
Building Area Total 1240
Lot Size Acres 0.0872
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Hafa Adai Properties

Broker

mjmarjan@aol.com

Email

Affordability Calculator

$4,304
Per Month
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Monthly Principal & Interest
$4,304
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2026$699,000 Listed Price

Map


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5381 Olive, Long Beach, CA, 90805 is a Multi-Family Home for sale at $699,000 with 1,240 sqft and a lot size of 0.0872. 5381 Olive is a studio with 1.0 baths and was built in 1924. The property's zip code is 90805 which is in Long Beach, CA