Skip To Content

1972 Olive

Long Beach, CA 90806
  • $1,099,999
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • ID#: IG26192066
Under Contract
$1,099,999
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Jacqueline Smith of Fathom Realty Group, Inc. (310-710-9337)


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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-13T00:27:57.67. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/180795113
Print Image

1972 Olive Long Beach, CA 90806

  • Price: $1,099,999
  • Status: Active Under Contract
  • On Site: 40 Days
  • ID#: IG26192066
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1929
Built
Neighborhood:
Poly High (Ph)
County:
Los Angeles
Area:
9 - Poly High
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.
Exterior Features

Architectural Style Craftsman Construction Materials Stucco Entry Level 1 Entry Location Main Fencing Chain LinkWire Foundation Details Slab Lot Features Walkstreet Number Of Separate Electric Meters 4 Open Parking Spaces 5 Parking Features AssignedDrivewayGarageOn SitePavedPrivateTandem Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof ClayOther Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Parking Appliances Gas OvenGas RangeGas Water HeaterMicrowaveVented Exhaust Fan Common Walls No Common Walls Cooling ENERGY STAR Qualified EquipmentZoned Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating None Heating YN No Interior Features Granite CountersAll Bedrooms Down Window Features Blinds

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Current Financing Conventional Electric Standard Electric Expense 0 Fuel Expense 4200 Garage YN Yes Gross Income 0 Gross Scheduled Income 109200 Inclusions Stovesmicrowavesrefrigeratorswasherdryer. Insurance Expense 2500 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 98060 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 11140 Possession Close Plus 3 Days Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 0 Trash Expense 1440 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 3000 Water Source Public Zoning LBR1N



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-13T00:27:57.67. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_563890906-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_563890906-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_563890906-2.jpg
Logo
Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Jacqueline Smith of Fathom Realty Group, Inc. (310-710-9337)