The backbone of real estate investing has always been a good building in a popular neighborhood. Here's one that fits the bill! This Long Beach neighborhood is close to all. This building has a very desirable 3-bedroom front unit plus three other 2-bedroom units. The alley makes the garages easily accessible.
Sold for $1,489,000
$1,489,000
848 Olive Ave, Long Beach, CA 90813
9beds
4,318sqft
MultiFamily
Built in 1967
-- sqft lot
$1,500,000 Zestimate®
$345/sqft
$2,347 Estimated rent
Home value
$1,500,000
$1.36M - $1.65M
$2,347/mo
Zestimate® history
Owner options
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$2,347/mo
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$2,347/mo
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$9,300/mo
Est. payment
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$9,300/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Interior area
- Total interior livable area: 4,318 sqft
Property
Lot
- Size: 6,098 sqft
Details
- Parcel number: 7274021022
Construction
Type & style
- Home type: MultiFamily
Condition
- Repair Cosmetic
- Year built: 1967
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- Agreement Type: Excl Rt Sell/Lease
- Property Subtype 1: Residential Income
- Fireplace Fuel: Other
- Service Level: Full Service
- State: CA
- Transaction Type: Sale
- Lot Size Source: (Public Records)
- Unit-2 Furnished: Unfurnished
- Unit-4 Furnished: Unfurnished
- Possession: Close Of Escrow
- Showing Access: Do Not Contact Ocpnt, Drive By, Subject To Inspectn, Call Listing Agent
- Tenant Pays For: Electricity, Gas, Water, Trash Collection
- Unit-1 Furnished: Unfurnished
- Unit-3 Furnished: Unfurnished
- Square Footage Source: Public Records
- Street Suffix: Avenue
- Flooring: Carpet, Linoleum
- Security/Safety: CarbonMonoDetectr(s), Window Bars, Smoke Detector(s)
- Fireplace Location: Living Room
- Parking Type: Garage
- Lot Description: Single Lot, Fully Fenced
- Property Condition: Repair Cosmetic
- Disclosures: Crt Approval Req, Subj to EstateRuling
- Subdiv/Trac Code: Not Applicable-4
- Stories/Levels: Two
- Special Conditions: Probate Listing
- Tax ID: 7274021022
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $1,489,000+52.7%$345/sqft |
Source: Public Record Report a problem | ||
| 4/12/2019 | Sold | $975,000-5.8%$226/sqft |
Source: Public Record Report a problem | ||
| 2/17/2019 | Pending sale | $1,034,750$240/sqft |
Source: Hull Homes #319000297 Report a problem | ||
| 1/23/2019 | Price change | $1,034,750-20.4%$240/sqft |
Source: Hull Homes #319000297 Report a problem | ||
| 10/13/2018 | Price change | $1,300,000+23.8%$301/sqft |
Source: Hull Homes #318003987 Report a problem | ||
| 10/1/2018 | Listed for sale | $1,050,000$243/sqft |
Source: Hull Homes #318003987 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,885 +4.7% | $1,087,626 +2% |
| 2024 | $14,221 +1.7% | $1,066,301 +2% |
| 2023 | $13,983 +6.4% | $1,045,394 +2% |
| 2022 | $13,136 +2.1% | $1,024,897 +2% |
| 2021 | $12,862 +0.3% | $1,004,802 +1% |
| 2020 | $12,828 | $994,500 +457.3% |
| 2019 | $12,828 +350.5% | $178,436 +2% |
| 2018 | $2,848 | $174,938 +2% |
| 2017 | $2,848 +1% | $171,509 +2% |
| 2016 | $2,818 +8.4% | $168,147 +1.5% |
| 2015 | $2,601 +3.2% | $165,623 +2% |
| 2014 | $2,520 | $162,380 +2.5% |
| 2012 | -- | $158,479 +2% |
| 2011 | -- | $155,373 +0.8% |
| 2010 | -- | $154,213 -0.2% |
| 2009 | -- | $154,580 +2% |
| 2008 | -- | $151,550 +2% |
| 2007 | -- | $148,579 +2% |
| 2006 | -- | $145,667 |
| 2005 | -- | $145,667 +4% |
| 2004 | -- | $140,011 +1.9% |
| 2003 | -- | $137,446 +2% |
| 2002 | -- | $134,752 +4% |
| 2000 | -- | $129,521 |
Find assessor info on the county website
Neighborhood: East Village
Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,500,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,500,000
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