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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
$ 1,312,000
Est. payment | /mo
6,501 Sqft Lot
$ 1,312,000
Est. payment | /mo
6,501 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25075601
Year Built 1928
Lot Size 6,501 Sqft
Source California Regional MLS
Property Description
1209 Olive Avenue is a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry. 1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91). Current rents offer a new investor 13 percent rental upside. 1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Community Facility
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 7274003010
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374