1941 Olive Avenue, Long Beach, CA 90806
Local realty services provided by:CENTURY 21 Affiliated
1941 Olive Avenue,Long Beach, CA 90806
$1,157,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eric lem
Office: decorum properties & investments, inc
MLS#:OC26090391
Source:San Diego MLS via CRMLS
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Price summary
- Price:$1,157,000
About this home
1941 Olive is an exceptional opportunity to own a fully turnkey 4-unit in the heart of Long Beachs highly desirable Poly High area, just minutes from Signal Hill and a short drive to the ocean. Built in 1920, this unique property spans three separate buildings totaling 2,554 rentable square feet on a 6,550 SF lot, delivering a rare bungalow-style layout that lives more like a collection of private homes than a typical apartment complex. The entire property has been comprehensively renovated with no detail overlooked, featuring all-new plumbing, permitted electrical, new windows and doors, upgraded flooring, and fresh interior and exterior paint. Each unit boasts fully remodeled kitchens and bathrooms with new cabinetry, granite countertops, stainless steel appliances, and modern finishes throughout, creating a clean, contemporary living experience that attracts quality tenants and supports premium rents. Curb appeal and functionality are dialed in with a brand-new vinyl fence for added privacy, along with 4 detached enclosed garage spacesan extremely valuable amenity in this high-demand rental pocket. The unit mix is both practical and desirable: (1) 3-bed / 1-bath standalone home and (3) 1-bed / 1-bath units, including another standalone unit, offering flexibility for owner-users or investors looking to maximize income. This is a true plug-and-play investment with zero deferred maintenance, delivering immediate cash flow from day one. A standalone coin-operated laundry room provides additional passive income, further enhancing returns. Adding to the appeal is future upside...
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Home facts
- Listing ID #:OC26090391
- Added:44 day(s) ago
- Updated:June 11, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,157,000
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