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$1,300,000
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Property Description
1209 Olive Avenue is a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry.
1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91).
Current rents offer a new investor 13 percent rental upside.
1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.
Full Property Details
Full Property Details for 1209 Olive Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25075601
- Added to Site: 284 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool 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: between anaheim & 11th
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: 1
- Square Feet: 3,540
- Year Built: 1928
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1492
- Lot Size Source: Assessor
- Zoning: LBR4R
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $367.23
- Price Per Unit: 218667
Listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac
Sold by Buckingham Investments, Inc, Malcolm Zeger
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Schools
Schools serving 1209 Olive Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Long Beach, CA 1574 Linden Avenue, Long Beach, CA 90813 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.6 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1209 Olive Ave
Date
Details
Price
Change
Source
12/16/2025
Sold
$1,300,000
-0.91%
MLS
4/07/2025
Listed
$1,312,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1209 Olive Avenue, Long Beach, CA 90813 (MLS# PW25075601) is a Multi-Family property that was sold at $1,300,000 on December 16, 2025. Want to learn more about 1209 Olive Avenue? 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.

