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$3,695,000
148 Days Online

736 744 Olive Avenue
Long Beach, CA 90813

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
9,679
SqFt
$382
/SqFt
1927
Built
Subdivision:
Alamitos Beach (Ab)
County:
Los Angeles
Listed by Robert Stepp of Keller Williams - Santa Monica 310-463-2916

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736 744 Olive Avenue736 744 Olive Avenue736 744 Olive Avenue736 744 Olive Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$16,858
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

736-742 Olive is a 12-unit apartment building located in Long Beach, CA. The property is priced at a 6.0% cap rate and an 11.56 GRM on current rents. Built in 1927, the property includes (2) studios, (1) 5BD/2BA unit, and (9) 3BD/1BA units. Parking is available on-site with eight (8) garages and eight (8) surface spaces. The majority of the units have been updated with new flooring, paint and countertops. New ownership can generate additional upside by converting garages to ADUs, without losing surface parking in the interior courtyards. With a 91 Walk Score, the asset is well located near vibrant Downtown Long Beach and Alamitos Beach.

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Listing Snapshot
Price 
$3,695,000
Days Online 
148 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,679 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2872 Acres
Year Built 
1927
MLS® Number 
PW23229182
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
5 months agoListing first seen online
General Features
Parking Spaces 
16
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.2872
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
8
Zoning 
LBR4R
Listing Conditions 
Standard
Interior Features
Laundry Features 
Laundry Room
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Exterior Features
Pool Features 
None
Lot 
Item1115 Units Acre
Community Features
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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