Date
Details
Price
Change
Source
2/03/2026
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$1,095,000 Just Listed
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Property Description
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 Beach's 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 units-two 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 $76,056 annually, with pro-forma potential of approximately $86,160 based on market rents.
Additional features include three private garages and ample street parking. The location is unbeatable-just 2-3 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.
Full Property Details
Full Property Details for 3581 Olive Ave
General
- Price: $1,095,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26022511
- Updated: 2/5/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Wood
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Garage
- Parking: Garage
Location
- Area: 6 - Bixby, Bixby Knolls, Los Cerritos
- County: Los Angeles
- Development Name: 6 - Bixby, Bixby Knolls, Los Cerritos
- Driving Directions: On Olive, North of Wardlow
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Spanish
- Roof: Spanish Tile
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,808
- Year Built: 1930
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.1029
- Lot Size (Sq. Ft.): 4,482
- Lot Size Source: Assessor
- Lot Description: Front Yard, Sprinklers in Front
Green Features
- Walk Score: 82
Financial Considerations
- Price Per Sq. Ft.: $605.64
- Price Per Unit: 273750
Disclosures and Reports
- Exclusions: Tenant's personal property
Listed by Keller Williams Coastal Prop., Timothy Majka
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 3581 Olive Ave —
Timothy Majka
Keller Williams Coastal Prop.
562-900-9430
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3581 Olive Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Long Beach, CA 3800 Olive Avenue, Long Beach, CA 90807 | K-5 | 0.4 mi |
Hughes Middle School 3846 CA Ave., Long Beach, CA 90807 | 6-8 | 0.5 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 2.4 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 3581 Olive Ave
Tax History
Tax History for 3581 Olive Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,601
7%
$302,158
4%
2023
$4,306
6%
$290,436
2%
2022
$4,055
2%
$284,747
2%
2021
$3,959
—
$279,170
1%
2020
$3,949
1%
$276,311
2%
2019
$3,902
3%
$270,659
2%
2018
$3,782
1%
$265,353
2%
2017
$3,741
7%
$260,151
2%
2016
$3,486
4%
$255,051
2%
2015
$3,356
—
$251,220
2%
2014
$3,354
3%
$246,300
—
2013
$3,257
—
$245,187
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3581 Olive Ave
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,171Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 4Beds
- 4Total Baths
- 3,168Sq. Ft.
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- Co-op
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 750Sq. Ft.
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3581 Olive Avenue, Long Beach, CA 90807 (MLS# PW26022511) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3581 Olive Avenue is currently listed for $1,095,000 and was received on February 03, 2026. Want to learn more about 3581 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.