SoldApr 6, 2026

Listed by Timothy Majka from Keller Williams Coastal Prop.

, 

Bought with Rady Math

Source: San Diego MLS #PW26022511

3581 Olive Avenue, Long Beach, CA, 90807

$1,110,000

2
4
4482 sq. ft.

MultiFam

•

15 days on the market

Sold: Apr 6, 2026

What's around 3581 Olive Avenue

About this property

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.

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