1972 Olive Long Beach, CA $ 1,099,999
1972 Olive
$ 1,099,999
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1972 Olive

Long Beach, CA, 90806
$ 1,099,999
Baths1.0 Sq 2,132

Monthly Estimate*

$ 6,946

Listed by Fathom Realty Group, Inc.
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,099,999 with 1 full bath. This 2,132 square foot home was built in 1929 on a lot size of 0.1494.

POLY HIGH SCHOOL DISTRICT INCOME OPPORTUNITY! Rarely available, this recently remodeled property offers four separate dwellings designed to maximize income potential. The front duplex features updated 2-bedroom/1-bath units, complemented by two newly constructed 1-bedroom/1-bath ADUs, creating an exceptional multi-unit investment opportunity. Each residence offers its own private living space, while dedicated private parking adds significant convenience and value. Ideally located in Long Beach’s desirable Poly High School District, close to shopping, dining, schools, transportation, and major freeways. Whether you're looking to expand your investment portfolio, house multiple generations, or generate multiple rental streams, this property delivers flexibility, modern upgrades, and outstanding income potential.

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Multi-Family Active

Price

$ 1,099,999

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1494

Year Built

1929

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

IG26192066

Days on Market

2

Features
General
Sewer Public Sewer
Heating None
Cooling ENERGY STAR Qualified Equipment Zoned
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Plus 3 Days
Roof Clay Other
Appliances Gas Oven Gas Range Gas Water Heater Microwave Vented Exhaust Fan
Zoning LBR1N
HOA Fee 0
Garage Spaces 2
Architectural Style Craftsman
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1929
Electric Standard
Tenant Pays Electricity
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Street Lights Sidewalks
Accessibility Parking
County Los Angeles
Net Operating Income 98060
Operating Expense 11140
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Poly High (PH)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Pacific Coast Hwy & Atlantic Avenue
City Long Beach
Entry Location Main
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 4
MLS Area 9 - Poly High
Lot Size Units Square Feet
Lot Size Square Feet 6506
Number of Units Leased 0
Listing Terms Cash Conventional FHA
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Current Financing Conventional
Fuel Expense 4200
Property Condition Updated/Remodeled
Trash Expense 1440
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 5
Total Actual Rent 0
Property Sub Type Additional Duplex
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Interior
Interior Amenities Granite Counters All Bedrooms Down
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Window Features Blinds
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
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Exterior
Fencing Chain Link Wire
Parking Features Assigned Driveway Garage On Site Paved Private Tandem
Lot Features Walkstreet
Water Source Public
Total Parking 7
Inclusions Stoves microwaves refrigerators washer dryer.
Lot Size Area 6506
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2132
Lot Size Acres 0.1494
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Fathom Realty Group, Inc.

Broker

Jacquie@IEHomes.com

Email

Affordability Calculator

$6,946
Per Month
100%
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0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
9/2/2026$1,099,999 Listed Price

Map


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1972 Olive, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,099,999 with 2,132 sqft and a lot size of 0.1494. 1972 Olive is a studio with 1.0 baths and was built in 1929. The property's zip code is 90806 which is in Long Beach, CA