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.
Sold for $1,300,000
Listed by: Steven M. Bogoyevac, Broker • Steven Bogoyevac • Contact: 562-257-1231
Bought with: Buckingham Investments, Inc
$1,300,000
1209 Olive Ave, Long Beach, CA 90813
9beds
6baths
3,540sqft
Mixed Use
Built in 1928
-- sqft lot
$-- Zestimate®
$367/sqft
$4,302 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,302/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Bought with:
Malcolm Zeger, DRE #02013882
Buckingham Investments, Inc
Source: CRMLS,MLS#: PW25075601
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,540
- Total interior livable area: 3,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,501 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7274003010
- Zoning: LBR4R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $1,099,097
- Annual tax amount: $15,220
- Date on market: 4/7/2025
- Cumulative days on market: 163 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/16/2025 | Sold | $1,300,000-0.9%$367/sqft |
Source:  CRMLS #PW25075601 Report a problem | ||
| 11/17/2025 | Pending sale | $1,312,000$371/sqft |
Source: CRMLS #PW25075601 Report a problem | ||
| 9/18/2025 | Contingent | $1,312,000$371/sqft |
Source: CRMLS #PW25075601 Report a problem | ||
| 4/7/2025 | Listed for sale | $1,312,000+29.3%$371/sqft |
Source: CRMLS #PW25075601 Report a problem | ||
| 3/23/2021 | Sold | $1,015,000+18%$287/sqft |
Source: Public Record Report a problem | ||
| 1/4/2020 | Listing removed | $2,650$1/sqft |
Source: REMAX Beach cities Report a problem | ||
| 12/21/2019 | Price change | $2,650-5.4%$1/sqft |
Source: REMAX Beach cities Report a problem | ||
| 12/16/2019 | Listed for rent | $2,800+7.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/18/2019 | Listing removed | $2,600$1/sqft |
Source: REMAX Beach cities Report a problem | ||
| 6/27/2019 | Listed for rent | $2,600$1/sqft |
Source: REMAX Beach cities Report a problem | ||
| 6/16/2016 | Sold | $860,000+60.7%$243/sqft |
Source: Public Record Report a problem | ||
| 11/1/2012 | Sold | $535,005+44.6%$151/sqft |
Source: Public Record Report a problem | ||
| 3/9/2011 | Sold | $370,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,220 +4.6% | $1,099,097 +2% |
| 2024 | $14,548 +1.8% | $1,077,555 +2% |
| 2023 | $14,296 +6.4% | $1,056,436 +2% |
| 2022 | $13,431 +9.5% | $1,035,730 +10.1% |
| 2021 | $12,264 +0.3% | $940,963 +1% |
| 2020 | $12,232 | $931,320 +2% |
| 2019 | $12,232 +4.4% | $913,068 +2% |
| 2018 | $11,713 | $895,174 +2% |
| 2017 | $11,713 +1.1% | $877,200 +57.6% |
| 2016 | $11,589 +59.4% | $556,524 +1.5% |
| 2015 | $7,271 +4.3% | $548,165 +2% |
| 2014 | $6,971 | $537,428 +42.4% |
| 2012 | -- | $377,400 +55% |
| 2011 | -- | $243,562 +2.5% |
| 2008 | -- | $237,568 +4% |
| 2006 | -- | $228,345 |
| 2005 | -- | $228,345 +4% |
| 2004 | -- | $219,479 +1.9% |
| 2003 | -- | $215,457 +2% |
| 2002 | -- | $211,234 +4% |
| 2000 | -- | $203,033 |
Find assessor info on the county website
Neighborhood: Saint Mary's
Nearby homes
- $--1 bd1 ba550 sqft1209 N Olive Ave #1213-A, Long Beach, CA 90813Off Market
- $--1 bd1 ba675 sqft1209 Olive Ave #1213A, Long Beach, CA 90813Off Market
- $--3 bd1 ba1.4k sqft1209 Olive Ave #1, Long Beach, CA 90813Off Market
- $--1 bd1 ba525 sqft1215 Olive Ave APT A, Long Beach, CA 90813Off Market
- $--1 bd1 ba750 sqft1215 Olive Ave APT B, Long Beach, CA 90813Off Market
- $--1 bd1 ba800 sqft1213 Olive Ave #B, Long Beach, CA 90813Off Market
- $--1 bd1 ba550 sqft1213 Olive Ave, Long Beach, CA 90813Off Market
- $--1 bd1 ba750 sqft1213 Olive Ave #A, Long Beach, CA 90813Off Market
Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.4 mi
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- California
- Los Angeles County
- Long Beach
- 90813
- Saint Mary's
- 1209 Olive Ave
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