3581 Olive Avenue

Off Market

3581 Olive Avenue

Long Beach CA 90807

4482 sq. ft.

Multi-Family

Last sold for $1,110,000

Timothy Majka, last sold this property on 06 April 2026 after 62 days on market.

Overview

Trophy Spanish Fourplex in Coveted California Heights Ideal Owner-User or Investment Opportunity! Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beachs most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value. The property consists of four unitstwo 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $78,684 annually, with pro-forma potential of approximately $87,360 based on market rents. Additional features include three private garages and ample street parking. The location is unbeatablejust 23 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls. This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.

Features

2 bedrooms

4 bathrooms

4482 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 2 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 3581 Olive Avenue is $1.05m.

Median value

$1.05m

Estimated value range

$995k - $1.33m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3581 Olive Avenue

2026

Sold

$1,110,000

06 Apr 2026 by Timothy Majka, of Keller Williams Coastal Prop.

Happy sellers in Long Beach

96%

96% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Long Beach over the last 12 months.

Local market activity for 2 bedroom multi families in Long Beach

In the last 12 months, 3 two-bedroom multi families similar to 3581 Olive Avenue, have been sold.

This represents a 100% decrease in two-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Long Beach for a market analysis.

Trina Rufo

at First Team Real Estate-Long Beach

(175 reviews)

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Clare Corcoran

at REMAX Real Estate Specialists | Long Beach

(26 reviews)

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Chloe Misisco

at Pardee Properties

(1 review)

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Tamara Micciche

at Coldwell Banker | Envision

(3 reviews)

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Nearby agents

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Trina Rufo

Sellers who recommend Trina Rufo have praised them for being local expert, responsive, clear communication, supportive, patient, well-prepared, and dedicated