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$1,450,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 days ago
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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.

Full Property Details for 1071 Olive

General

  • Price: $1,450,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26193792
  • Updated: 9/3/2026
  • Days on Market: 13 days
  • Added to Site: 13 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside, Community

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 1

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: North of 10th on Olive

Heating & Cooling

  • Cooling Type: Ductless
  • Heating Type: Heat Pump, Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Foundation: Slab
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,364
  • Year Built: 1961

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1496
  • Lot Size (Sq. Ft.): 6,517
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $332.26
  • Price Per Unit: 241667

Listed by Sage Real Estate Group, Inc., Cody Charnell

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Listing agent

— 1071 Olive —

  • Cody Charnell

    Sage Real Estate Group, Inc.

562-896-3851

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1071 Olive

School District:Long Beach Unified School District
NameGradesDistance
International Elementary School
700 Locust Ave., Long Beach, CA 90813
K-50.5 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.5 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1071 Olive Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Listed
$1,450,000
3.57%
MLS
12/13/2019
Sold
$1,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1071 Olive

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,767
—
$1,561,721
2%
2025
$20,767
6%
$1,531,100
4%
2023
$19,522
7%
$1,471,647
2%
2022
$18,330
2%
$1,442,792
2%
2021
$17,956
—
$1,414,503
—
2020
$18,001
624%
$1,407,600
1051%
2019
$2,487
7%
$122,247
2%
2018
$2,316
1%
$119,851
2%
2017
$2,289
8%
$117,501
2%
2016
$2,117
3%
$115,198
2%
2015
$2,053
-1%
$113,468
2%
2014
$2,076
2%
$111,247
—
2013
$2,027
—
$110,746
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Sage Real Estate Group, Inc., Cody Charnell

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1071 Olive, Long Beach, CA 90813 (MLS# PW26193792) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1071 Olive is currently listed for $1,450,000 and was received on September 03, 2026. Want to learn more about 1071 Olive? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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