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521 Olive Avenue, Long Beach, California 90802, Long Beach, 90802 - bed, bath

521 Olive Avenue, Long Beach, California 90802 home-pic-0
ACTIVE$775,000
521 Olive Avenue, Long Beach, California 90802
0Bed
0Bath
1,175Sqft
2,223Lot
Year Built
1912
Close
-
List price
$775K
Original List price
$825K
Price/Sqft
$660
HOA
-
Days on market
-
Sold On
-
MLS number
SB25057631
Home ConditionGood
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $775.0K(27th), sqft - 1175(9th), beds - undefined(50th), baths - undefined(50th).

Just updated with fresh paint and landscaping! 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 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. The studio has its own entry and sits behind the front house. The studio has also been nicely updated and is complete with a full bathroom and kitchen. There is a parking space for 1 vehicle in the driveway which is assigned to the front house. This 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! PRICED TO SELL!!

Nearby schools

7/10
Stevenson Elementary School
Public,•K-5•0.1mi
6/10
Chavez Elementary School
Public,•K-5•0.2mi
7/10
International Elementary School
Public,•K-5•0.5mi
7/10
Lincoln Elementary School
Public,•K-5•0.6mi
7/10
Roosevelt Elementary School
Public,•K-5•0.9mi
5/10
Edison Elementary School
Public,•K-5•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•0.3mi
6/10
Washington Middle School
Public,•6-8•1.1mi
6/10
Polytechnic High School
Public,•9-12•1.0mi
3/10
Cabrillo High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
09/12/25
Price Change
$775,000-1.8%
08/08/25
Price Change
$789,000-1.3%
08/02/25
$799,000
03/20/25
$825,000
12/08/23
Sold
$770,000
06/10/21
Sold
$705,000
04/12/16
Sold
$450,000
07/01/04
Sold
$300,000
Condition Rating
Good
This 1912 Craftsman duplex has undergone recent updates, including fresh paint, new fixtures, and refreshed kitchens and bathrooms in both units, making it move-in ready. The hardwood floors are well-maintained, and the exterior shows recent landscaping. While the kitchens feature functional white appliances and laminate countertops, and the bathrooms have basic white tile and fixtures, these updates are sufficient for immediate occupancy. The property is clean and well-maintained, but the updates are not extensive enough to be considered a full, high-end renovation that would warrant an 'Excellent' score, especially given the age of the original structure.
Pros & Cons

Pros

Income-Generating Duplex: The property is a charming Craftsman-style duplex consisting of a 2-bedroom, 2-bath front house and a spacious, updated studio unit in the back, offering excellent potential for rental income or multi-generational living.
Prime Location & Accessibility: Situated in Long Beach's desirable East Arts Village, the property boasts easy access to Downtown Long Beach, the Aquarium of the Pacific, 2nd Street & Naples Island, the Pacific Ocean, and the vibrant 4th Street corridor.
Charming Architecture with Modern Updates: The front house retains its original Craftsman charm with hardwood floors and coffered ceilings, complemented by recent updates including fresh paint, new fixtures, and updated bathrooms and kitchens in both units.
Investment Opportunity: Marketed as a 'great investment opportunity' and 'PRICED TO SELL,' the property has seen recent price reductions and historical appreciation, indicating potential for a favorable acquisition.
Recent Renovations & Turnkey Condition: Both units have been recently updated with fresh paint, landscaping, and interior improvements, making them move-in or rent-ready with minimal immediate capital expenditure for the new owner.

Cons

Limited Parking: The property offers only one assigned parking space in the driveway for the front house, which may be insufficient for a duplex in an urban setting, potentially impacting tenant appeal or owner convenience.
Small Lot Size: With a lot size of 2223 sqft, the property has limited outdoor space, which could be a drawback for those seeking a larger yard or future expansion possibilities.
Age of Property: Built in 1912, while charming, the property's age may imply potential for unseen or future maintenance issues related to older infrastructure (e.g., plumbing, electrical systems) that were not explicitly stated as fully upgraded.

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