Long Beach, CA 90802 521 Olive Avenue
$819,000
12 more
Presented By: Luke Maggio with West Shores Realty, Inc.; 310-418-4227
Beds • 2
Baths • 3
SQFT • 1,175
Year Built • 1912
Home Details
Welcome to 521 Olive Avenue in Long Beach's East Arts Village neighborhood. This charming, Craftsman-style Duplex consists of a 2 bedroom, 2 bath front house and a spacious studio unit in the back. The front house maintains original charm but has also been updated with modern-day amenities. The original hardwood floors are in great condition and the coffered ceilings add an ornate touch. The front house was updated with all new fixtures, fresh paint, new carpet in the primary bedroom along with updates to the bathroom and kitchen (plus a stackable laundry-unit in the kitchen). The large studio has its own entry and sits behind the front house. The studio was also been nicely updated and is complete with fresh paint, a full bathroom and kitchen. There is a parking space for 1 vehicle in the driveway which is assigned to the front house. This is property is in a great location and allows for easy access to Downtown Long Beach, the Aquarium of the Pacific, 2nd Street & Naples Island and is close to the Pacific Ocean and just a short distance to the fourth street corridor. Don't miss out on this great investment opportunity!
Presented By: Luke Maggio with West Shores Realty, Inc.; 310-418-4227
Interior Features for 521 Olive Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesGas, Outside
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Laundry FeaturesInside, InKitchen
Total Stories1
Other Rooms
Entry Level1
General for 521 Olive Avenue
Additional Parcels Y/NNo
AppliancesGasCooktop, GasRange, Refrigerator
Architectural StyleCraftsman
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking
Construction MaterialsWoodSiding
ContingencyOffers subject to interior inspections. Please call or text Luke Maggio at (310) 418-4227 with questions.
CoolingEnergyStarQualifiedEquipment, WallWindowUnits
CountyLos Angeles
DirectionsON Olive between 4th and 7th St.
Electric On Property Y/NNo
Entry LocationFront
Expected Active Date 2025-03-20
Garage Spaces0.0
Garage Y/NNo
Gross Income53760.0
HOANo
HOA Fee$0.0
HeatingElectric, EnergyStarQualifiedEquipment
Home Warranty Y/NNo
Insurance Expense1200.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, Conventional, Exchange1031
Lot Size Square Feet2223.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income53760.0
New ConstructionNo
Number Of Units Total2
Open Parking Spaces1.0
Operating Expense2640.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameAlamitos Beach (AB)
Tax Lot28
Tenant PaysCableTv, Electricity, Gas, Insurance
Trash Expense360.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected
Water Sewer Expense360.0
Waterfront Y/NNo
Year Built1912
Year Built SourceAssessor
ZoningLBPD30
Exterior for 521 Olive Avenue
Building Area Total1175.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, FrontYard
Lot Size Acres0.051
Lot Size Area2223.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Concrete, Driveway, Paved
Private PoolNo
SpaNo
Total Parking1.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
