1972 Olive, Long Beach, CA 90806

$1,099,999

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List Price
$1,099,999
Status
ACTIVE
MLS#
IG26192066
Year Built
1929
Lot Size
6,506
Acres
0.15
Lot Location
Walkstreet
Days on Market
8
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Poly High (Ph)

Property Description

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.

Additional Information

Appliances
Gas Oven, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
Pool Description
None
Heat
None
Cooling
Yes
Cooling Description
ENERGY STAR Qualified Equipment, Zoned
View
None
Exterior Construction
Stucco
Roof
Clay, Other
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Granite Counters, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$109,200
Operating Expense
11140

Listing courtesy of Listing Agent: Jacqueline Smith (Jacquie@IEHomes.com) from Listing Office: Fathom Realty Group, Inc..

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.