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$645,000
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Property Description
Priced reduced $30K, come check it out before it's gone! Whether you're looking for a full-time residence, a weekend getaway, Airbnb, or an investment opportunity, this property offers exceptional versatility. Welcome to your own private oasis in the heart of Downtown Long Beach! Tucked behind a fully fenced perimeter, this charming stand-alone home offers the rare combination of privacy, character, and an unbeatable location. Step through the gate and discover a lush, peaceful setting that feels like your very own secret garden, a tranquil escape from the excitement just beyond your doorstep. Unlike many downtown properties, this home has no HOA, meaning no monthly dues, no HOA rules, and no pet restrictions. Enjoy the freedom of owning a detached craftsman home with your own private outdoor space, perfect for relaxing, entertaining, gardening, Parking or giving your four-legged family members room to roam. The home is a 1 bedroom with a separate bonus room with built-in cabinet/shelves (could be an office/nursery, guest space or den). The home has lots of timeless character, with natural light and a stylish updated kitchen with a unique granite countertop and backsplash, stainless steel appliances, newer lower cabinets, modern floating shelves gas stove, dishwasher, single undermount stainless sink and refrigerator all included. The updated modern bathroom has hexagon tile floors, large glass enclosed subway tiled shower and walls, and a rainfall shower head with a detached spray wand. Other features include dual-pane windows tented for heat rejection, hardwood floors, and custom lighting. Central A/C & heat. The bedroom features a large walk-in closet with built-in cabinets, & custom hanging fixtures with a built-in desk as well. Separate inside laundry room with a full-sized stackable washer and dryer. Located in the vibrant heart of the East Village Arts District, you'll be just moments from an incredible selection of restaurants, coffee shops, nightlife, entertainment, The Pike, Shoreline Village, the waterfront, beaches, public transportation, and so much more. With its desirable location, private setting, and detached design, this home also presents an excellent opportunity as a potential short-term or Airbnb rental. Don't miss this rare opportunity to own a hidden gem where privacy, charm, and city living come together in one unforgettable property.
Full Property Details
Full Property Details for 523 Olive
General
- Price: $645,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PW26174923
- Updated: 9/26/2026
- Days on Market: 45 days
- Added to Site: 47 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Bonus Room, All Bedrooms Down, Office, Main Floor Bedroom, Den
- Interior Features: Built-in Features, Granite Counters
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar, See Remarks
- Appliances: Water Heater, Disposal, Refrigerator, Gas Range, Dishwasher
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Inside, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, Patio
Parking
- Parking: Concrete, Gated, On-Site, Driveway, Parking Space, Uncovered
Location
- County: Los Angeles
- Subdivision: Downtown (DT)
- Driving Directions: N.of 5th, S. of 6th, E. of Lime, E. of Olive- at the ally between 5th and 6th make a left, last house on the right
- Direction Faces: South
School Information
- School District: Long Beach Unified
- Elementary School: STEVEN
- Middle School: FRANKL
- High School: POLYTE
Community
- Community Features: Urban, Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Sewer Paid
- Water: Public
Structural Information
- Architectural Style: Craftsman
- Structure Type: Single Family Residence
- Foundation: Raised
- Common Walls: No Common Walls
- Windows: Double-Pane Windows, Tinted Windows
- Disability Access: Doors - Swing In
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 556
- Sq. Ft. Source: Assessor
- Year Built: 1912
- Year Built Source: Assessor
- Property Condition: Turnkey, Updated/Remodeled
Lot Features
- Property View: None
- Lot Size (Acres): 0.0338
- Lot Size (Sq. Ft.): 1,473
- Lot Size Source: Assessor
- Lot Description: Corner Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $1,160.07
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: stackable laundry, refrigerator, dishwasher & stove
Listed by WGroup Realtors, Cassidy Tutt and WGroup Realtors, Autumn Anderson
Get Pre-Approved Today
Schools
Schools serving 523 Olive
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.1 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.3 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.9 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 523 Olive
Date
Details
Price
Change
Source
8/29/2026
Price Reduced
$645,000
-4.44%
MLS
8/11/2026
Listed
$675,000
12.13%
MLS
3/03/2023
Sold
$602,000
—
Public Record
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
Tax History for 523 Olive
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,252
—
$638,846
2%
2025
$8,252
40%
$626,320
37%
2023
$5,885
7%
$457,775
2%
2022
$5,520
2%
$448,800
2%
2021
$5,411
7%
$440,000
10%
2020
$5,061
1%
$400,553
2%
2019
$5,001
110%
$392,700
120%
2018
$2,380
68%
$178,483
70%
2017
$1,416
7%
$104,975
2%
2016
$1,320
4%
$102,918
2%
2015
$1,269
—
$101,373
2%
2014
$1,265
3%
$99,388
—
2013
$1,228
—
$98,940
—
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 523 Olive
523 Olive, Long Beach, CA 90802 (MLS# PW26174923) is a Single Family property with 1 bedroom and 1 full bathroom. 523 Olive is currently listed for $645,000 and was received on August 11, 2026. Want to learn more about 523 Olive? Do you have questions about finding other Single 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.

