1071 Olive
Long Beach, CA 90813
12
Bed
6
Bath
6,517Sqft(Lot)
1071 Olive Avenue is a well-maintained six-unit apartment building near Downtown Long Beach. The property offers a desirable unit mix consisting entirely of 2bed/1bath units, all updated within the past five years. Several units feature in-unit laundry and ductless mini split air conditioning. One unit is currently vacant, providing an immediate opportunity to lease at market rent. The property includes four driveway parking spaces, a freestanding one-car garage and an unused laundry room with additional income potential.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: HeatPump, WallFurnace Has Cooling: Yes Cooling: Ductless
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Building Information
Year Built: 1961Building Area Total: 4364Stories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 6517 Lot Size Acres: 0.1496 Lot Size Source: Assessor Lot Size Square Feet: 6,517 Lot Description: SixToTenUnitsAcreProperty Information
Subdivision: Downtown (DT) Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 65
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Listing Price Information
Listing Price: $1450000Cash, CashToNewLoan
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Tax Information
Parcel Number: 7274012018 Tax Lot: 17 Tax Block: 13
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Parking Information
Parking Total: 5Garage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: North of 10th on Olive WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1083 Gaviota Avenue, Long Beach, CA, 90813 | $2,348,000 | 18 | 10 | -- | 6,114 Sqft |
| 753 Cerritos Avenue, Long Beach, CA, 90813 | $2,900,000 | 18 | 18 | -- | 7,338 Sqft |
| 1136 Linden Avenue, Long Beach, CA, 90813 | $1,630,000 | 3 | -- | -- | 7,273 Sqft |
| 1425 Cedar Avenue, Long Beach, CA, 90813 | $2,045,000 | 3 | 2 | -- | 0.15 Acre |
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ByOwner last updated this listing 09/07/2026 @ 15:39
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