1972 Olive, Long Beach, California 90806, Long Beach, 90806 - 6 bed, 4 bath
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Long Beach, California 90806
Analysis of 1972 Olive, Long Beach, California 90806 is currently available with a list price of $1,250,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1929, the property has undergone an extensive recent renovation within the last 5 years and includes new construction ADUs. The interiors feature modern shaker-style cabinetry, quartz countertops, stainless steel appliances, updated recessed lighting, and contemporary laminate flooring. The bathrooms have been fully updated with modern tile work and fixtures, leaving no visible deferred maintenance.
The property features a rare four-unit configuration consisting of a remodeled duplex and two new-construction Jr ADUs, offering exceptional versatility for rental income or multi-generational living.
With a recently remodeled main structure and brand-new ADU additions, the property offers modern aesthetics and reduced immediate maintenance needs for a new owner.
Situated on a generous 6,506 sqft lot, the inclusion of plenty of private parking is a significant competitive advantage in the high-density Long Beach rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2132, other record living area = 1292. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
Originally built in 1929, the property may have underlying vintage plumbing or electrical systems that could require future attention despite recent cosmetic and unit upgrades.
With six bedrooms and four bathrooms distributed across 2,132 square feet, the individual living spaces and kitchenettes are likely quite compact, which may limit long-term tenant stay duration.
Exceptional multi-unit opportunity located at 1972 Olive Avenue in the Central Long Beach / Poly High District area, just north of Downtown Long Beach. This community has a mix of historic character, urban convenience, and steady investment growth—making it appealing for both homeowners and investors. Recently remodeled duplex and new construction Jr ADU's. Each main unit offers 2 bedroom / 1 bathroom with abundant natural light, cozy living area. With it's own private entrance, each ADU offers 1bedroom / 1 bath with a kitchenette making it perfect for rental income, guests, or extended family. Situated on a generous lot, the property includes plenty of private parking. Conveniently located near local schools, shopping, dining, and easy freeway access, this property combines versatility with strong income potential. Don’t miss this rare opportunity to own a flexible, income-producing property in a rapidly growing area of Long Beach.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 80% |
| Baths | 4.0 | 0.0 | 80% |
| Square foot | 2,132 | 2,429 | 30% |
| Lot Size | 6,506 | 5,644 | 60% |
| Price | $1.25M | $1.09M | 60% |
| Price per sq ft | $586 | $443 | 80% |
| Built year | 1929 | 1935 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 214 | 10% |
Apr 10, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
Mar 21, 2026
$1,300,000
Initial Listing
Apr 27, 1995
$101,500
Public Record