5336 Olive, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 3 bath
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Long Beach, California 90805
This Versatile Turnkey Residence is a Strong Value Opportunity, listed at $795,000—positioned well below the $800,000 Fair Market Value by 1%. This valuation gap provides $5,000 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Granite Kitchen, Hardwood Floors, and Central Air. The Zoning R-2-N and Self-Contained Studio offer significant rental upside or multi-generational utility. Located within the Long Beach Unified School District, this property balances lifestyle comfort with investment logic. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5336 Olive Subject | $795,000* List Price | 3 | 3 | 1,300 | $615 | - |
A 5557 Lemon Avenue Sold | $830,000 | 3 | 3 | 1,400 | $593 | 0.4 mi |
B 5500 California Sold | $780,000 | 3 | 1 | 1,308 | $596 | 0.8 mi |
C 1430 E Michelson Street Sold | $850,000 | 2 | 2 | 1,360 | $625 | 0.5 mi |
D 352 E 49th Sold | $700,000 | 3 | 2 | 1,420 | $493 | 0.7 mi |
E 5846 Gardenia Sold | $825,000 | 4 | 2 | 1,608 | $513 | 0.9 mi |
F 5845 Gundry Ave Sold | $861,000 | 3 | 2 | 1,373 | $627 | 0.7 mi |
G 5641 Linden Ave Pending | $770,000 List Price | 3 | 2 | 1,262 | $610 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1942 home has been extensively and recently renovated to meet modern standards. The kitchen features updated cabinetry, granite countertops, and new stainless steel appliances. The bathrooms have been fully remodeled with stone flooring and contemporary vanities. Throughout the home, there are high-quality finishes including hardwood floors, recessed lighting, crown molding, and dual-pane windows. The inclusion of central heating and air conditioning, along with a fully updated detached studio, confirms its turnkey, excellent condition.
The property includes a self-contained studio unit with a 3/4 bath and is zoned R-2-N, providing excellent opportunities for rental income, a home office, or multi-generational living.
The home features extensive upgrades including hardwood floors, granite countertops, stainless steel appliances, wainscoting, and dual-pane windows, offering a modern, move-in-ready aesthetic.
Equipped with central air conditioning and heating, this 1940s-era home provides essential year-round comfort that is often missing in older properties in the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property only features a one-car garage, which may be a constraint for multi-vehicle households or those utilizing the studio for tenants.
With 1,300 total square feet split between the main house and the studio, the individual living spaces and bedrooms may feel small for larger families.
Stunning Remodeled Home with Studio Unit in Uptown Long Beach Welcome to this beautifully remodeled gem nestled in one of Uptown Long Beach's most sought-after neighborhoods. This charming 3-bedroom, 2-bath home has been thoughtfully upgraded with impeccable taste and attention to detail — truly too many features to list! The heart of the home is a large, open kitchen featuring granite countertops, updated cabinetry with soft-close drawers, recessed lighting, and a custom pantry designed for effortless organization. All stainless steel appliances are included — refrigerator, LG stove, microwave, and dishwasher. Rich hardwood floors flow throughout the home, complemented by elegant wainscoting, crown molding, and dual-pane vinyl windows that bathe every room in natural light. The generous master suite offers a spacious walk-in closet and a beautifully appointed en-suite bath with stone floors, an updated vanity, and stylish lighting. The second bedroom also features a large walk-in closet with abundant shelving. A gorgeous full hallway bathroom and a dedicated interior laundry room round out the main living space. Ceiling fans, central air, and heat ensure year-round comfort. Step outside and discover even more to love. The expansive lot offers a long driveway with potential RV parking, a 1-car garage, a storage shed, and a covered lanai — perfect for entertaining or relaxing outdoors. Tucked behind the garage is a self-contained studio unit complete with a 3/4 bath — a fantastic bonus space that works beautifully as a guest suite, rental income opportunity, home office, or private retreat. Whether you're looking to offset your mortgage or accommodate extended family, this versatile studio adds tremendous value to an already incredible property. This property is zoned R-2-N (Two-Family Residential), making it an incredible opportunity for investors and owner-occupants alike. This is a rare, move-in-ready property with incredible versatility, pride of ownership, and lasting curb appeal. A true jewel in Uptown Long Beach — don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 1.0 | 91% |
| Square foot | 1,300 | 1,127 | 71% |
| Lot Size | 5,104 | 5,154 | 47% |
| Price | $795.0K | $715.0K | 80% |
| Price per sq ft | $612 | $641 | 42% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 171 | 2% |
Apr 1, 2026
$795,000
Initial Listing