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3755 Olive, Long Beach, California 90807, Long Beach, 90807 - 4 bed, 3 bath

3755 Olive, Long Beach, California 90807 home-pic-0
ACTIVE$1,445,000$1,823/sqft
Est. Value: $1,249,616
-13%
AboveEstimate
3755 Olive, Long Beach, California 90807
4Beds
3Baths
1,823Sqft
6,767Lot

Price Vs. Estimate

The estimated value ($1,249,616.265) is $195,383.735 (13%) lower than the list price ($1,445,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Classic Architecture: Located in the highly desirable California Heights neighborhood, featuring a charming and well-preserved Classic Spanish architectural style on an elevated lot.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1823, other record living area = 1262. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.45M vs avg $1.07M (+$375,500)78%
Size:1,823 sqft vs avg 1,829 sqft50%
Price/sqft:$793 vs avg $65080%

More Insights

Built in 1928 (98 years old).
Condition: The property benefits from significant recent system upgrades including a new roof, insulation, fresh paint, new A/C, and solar panels, which are excellent. The original hardwood floors are well-maintained. However, the main house kitchen features very dated tiled countertops, backsplash, and flooring, and the main bathrooms, while clean and functional, also exhibit outdated styles (e.g., pedestal sink, specific tile patterns, green marble). These key areas appear to have been renovated 15-30 years ago, requiring minor aesthetic updates to meet current quality standards and styles, aligning with the 'Fair' condition criteria.
Year Built
1928
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$793
HOA
-
Days on market
-
Sold On
-
MLS number
PW26002986
Home ConditionFair
Features
Deck
Patio
ViewNeighborhood

About this home

Classic Spanish home in the highly desirable neighborhood of California Heights, on an elevated lot is ready to become your new home. Features include a gorgeous open living room with large arched window, and fireplace. And decorative mantel is true to the era. The property offers 1,832 square feet of living space, featuring four bedrooms and three bathrooms distributed between two residences on a spacious lot. The main home offers three bedrooms and two baths, complete with a formal living room, fireplace, and dining room. Custom windows flood the home with natural light. The kitchen includes a breakfast nook, mudroom, and complete with appliances. The primary suite is a true retreat, featuring a huge bay window with a bench seat overlooking the lush Garden in the backyard, along with a private fireplace and double doors leading out to a large, raised deck for entertaining. The second room is located next to the shared bath and allows for privacy for guests. The third room space is currently a cozy family room and is Ideal for a nursery. Additionally, there is a permitted ADU with a full kitchen, bathroom, closet, and a spacious 450-sq-ft-bedroom area, separate from the main home. Ideal for office, nanny, or rental income. The backyard oasis feels like stepping into a garden, with mature landscaping, a water feature, lawn, and BBQ area. This home has been extensively upgraded with a new roof, insulation, fresh paint inside and out, new appliances and carpet in the ADU, original hardwood floors throughout the main house, new A/C, and solar panels for energy efficiency. Do not miss this charming home. Perfectly located in CA heights and all Bixby has to offer.

S
Steven Nottingham
Listing Agent

Price History

Date
Event
Price
12/17/93
Sold
$180,000
06/04/24
Sold
$1,375,000
Condition Rating
Fair
The property benefits from significant recent system upgrades including a new roof, insulation, fresh paint, new A/C, and solar panels, which are excellent. The original hardwood floors are well-maintained. However, the main house kitchen features very dated tiled countertops, backsplash, and flooring, and the main bathrooms, while clean and functional, also exhibit outdated styles (e.g., pedestal sink, specific tile patterns, green marble). These key areas appear to have been renovated 15-30 years ago, requiring minor aesthetic updates to meet current quality standards and styles, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location & Classic Architecture: Located in the highly desirable California Heights neighborhood, featuring a charming and well-preserved Classic Spanish architectural style on an elevated lot.
Permitted ADU for Versatility/Income: Includes a permitted 450 sq ft Accessory Dwelling Unit (ADU) with a full kitchen and bath, offering significant potential for rental income, guest accommodation, or a dedicated home office.
Extensive Recent Upgrades & Energy Efficiency: Benefits from substantial recent upgrades including a new roof, insulation, fresh paint, new A/C, and solar panels, enhancing comfort, reducing utility costs, and minimizing immediate maintenance needs.
Spacious & Landscaped Backyard Oasis: Features a generous 6,767 sq ft lot with a beautifully landscaped backyard, complete with mature plantings, a water feature, lawn, and BBQ area, providing a private outdoor retreat.
Charming Interior Details & Natural Light: Boasts original hardwood floors, custom windows for abundant natural light, a formal living room with an arched window and fireplace, and a primary suite with a bay window and private deck access, preserving its historical charm while offering modern living.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1823, other record living area = 1262. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age-Related Maintenance Considerations: As a 1928-built home, despite recent upgrades, potential buyers may anticipate ongoing maintenance or future updates to original systems (e.g., plumbing, electrical beyond A/C) not explicitly mentioned as fully replaced.
Unspecified Parking Capacity: The listing does not explicitly detail the dedicated parking arrangements for two residences (main house + ADU), which could be a concern in a dense urban area, potentially leading to reliance on street parking.
Recent Price Appreciation: The current list price of $1.445M represents a notable increase from its last recorded sale price of $1.375M in June 2024, which may require clear justification of value-add upgrades to prospective buyers.
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