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1941 Olive Avenue, Long Beach, CA 90806

Local realty services provided by:CENTURY 21 Sierra Properties
1941 Olive Avenue,Long Beach, CA 90806
$1,199,988
  • 6 Beds
  • - Baths
  • 2,554 sq. ft.
  • Multi-family
  • Active
Listed by: eric lem
Office: decorum properties & investments, inc
MLS#:CROC26003311
Source:CA_BRIDGEMLS

Price summary

  • Price:$1,199,988
  • Price per sq. ft.:$469.85

About this home

1941 Olive is a killer opportunity to lock up a turnkey 4-unit in the heart of Long Beach's extremely desirable Poly High area, just minutes from Signal Hill and a short drive to the ocean. Built in 1920, this property features three separate buildings with 2,554 rentable square feet on a 6,550 SF lot, giving it a rare layout that feels more like private bungalows than a traditional apartment complex. Adding to the curb appeal and privacy is a brand-new vinyl fence, plus 4 detached enclosed garage spaces, a major bonus in this dense rental pocket. The unit mix is strong and highly rentable: (1) 3-bed / 1-bath standalone home and (3) 1-bed / 1-bath units, one of which is also standalone. Every unit has been recently renovated, making this a true plug-and-play investment with no deferred maintenance, perfect for an owner-user or an investor looking to step into immediate cash flow and market rents from day one. There's also a standalone coin-operated laundry room providing extra income

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Home facts

  • Year built:1920
  • Listing ID #:CROC26003311
  • Added:1 day(s) ago
  • Updated:January 11, 2026 at 02:36 AM

Rooms and interior

  • Bedrooms:6
  • Living area:2,554 sq. ft.

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Year built:1920
  • Building area:2,554 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,199,988
  • Price per sq. ft.:$469.85

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