601 Olive Avenue L, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 1 bath

601 Olive Avenue L, Long Beach, California 90802 home-pic-0
ACTIVE$498,000
601 Olive Avenue L, Long Beach, California 90802
2Beds
1Bath
973Sqft
7,550Lot
Year Built
1954
Close
-
List price
$498K
Original List price
$519K
Price/Sqft
$512
HOA
$273
Days on market
-
Sold On
-
MLS number
PW24241901
Home ConditionGood
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $498.0K(51th), sqft - 973(61th), beds - 2(50th), baths - 1(50th).

**Stylish Condo, Long Beach Downtown Living** Welcome to this charming condo located in the vibrant heart of downtown Long Beach! This quiet front end unit features hardwood floors, plenty of closet space, dual panel windows throughout, wall AC units in each bedroom, electric combo washer/dryer and more... offering a perfect blend of modern upgrades and comfortable living, making it an ideal retreat for those seeking an urban lifestyle. As you step inside, you’ll be greeted by an inviting open-concept layout that maximizes space and natural light. The modern kitchen features quartz countertops, stainless steel appliances and ample cabinetry, perfect for both cooking and entertaining. The adjacent open living area is cozy yet spacious, complete with a charming electric fireplace that adds warmth and ambiance, making it the perfect spot to unwind after a long day or host friends. Both bedrooms are generously sized, offering plenty of closet space and the tranquility you desire. The updated bathroom boasts contemporary fixtures and finishes, ensuring a spa-like experience. One of the standout features of this condo is the convenience of an attached garage, providing secure parking in garage and an additional dedicated off-street parking spot in front of your private garage with additional storage options. Enjoy the peace of mind that comes with having your own 2 private parking spots in the bustling downtown area Located near the Long Beach Convention Center, the Aquarium of the Pacific, Pike area, Pine Ave and a variety of trendy shops and delicious dining options, this condo offers the ultimate in convenience and lifestyle. Whether you're exploring the local art scene, enjoying a day at the beach, the Marina area or taking advantage of nearby public transportation, everything you need is right at your fingertips. Don’t miss out on this fantastic opportunity to own a piece of downtown Long Beach living and experience the modern comforts and vibrant lifestyle this condo has to offer! Fantastic investment opportunity for those looking to expand their portfolio or for first-time buyers who want to secure a property with immediate rental income month to month.

Nearby schools

7/10
Stevenson Elementary School
Public,K-50.1mi
6/10
Chavez Elementary School
Public,K-50.3mi
7/10
International Elementary School
Public,K-50.5mi
7/10
Lincoln Elementary School
Public,K-50.5mi
7/10
Roosevelt Elementary School
Public,K-50.8mi
5/10
Edison Elementary School
Public,K-51.0mi
6/10
Franklin Classical Middle School
Public,6-80.3mi
6/10
Washington Middle School
Public,6-81.0mi
6/10
Polytechnic High School
Public,9-120.9mi
3/10
Cabrillo High School
Public,9-122.3mi

Price History

Date
Event
Price
07/27/17
Sold
$210,000
03/11/15
Sold
$150,000
12/04/09
Sold
$72,500
Condition Rating
Good

Despite being built in 1954, this condo has undergone significant modern renovations, making it move-in ready. The kitchen features contemporary white shaker cabinets, quartz countertops, stainless steel appliances, and a subway tile backsplash. The bathroom is also updated with modern fixtures and tiling. Hardwood floors are present throughout, and dual-panel windows enhance energy efficiency. While it lacks central AC, wall AC units are provided in each bedroom. The property presents a well-maintained, modern aesthetic, aligning with the 'good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Downtown Location: Situated in the vibrant heart of downtown Long Beach, offering unparalleled access to the Convention Center, Aquarium, Pike, Pine Ave, trendy shops, dining, and public transportation.
Extensive Modern Upgrades: The condo boasts significant interior renovations, including hardwood floors, dual-panel windows, a modern kitchen with quartz countertops and stainless steel appliances, and an updated bathroom.
Dedicated Private Parking: A highly valuable amenity in a bustling urban environment, featuring an attached private garage and an additional dedicated off-street parking spot, totaling two private spaces.
Strong Investment Potential: Explicitly highlighted as a 'fantastic investment opportunity' suitable for portfolio expansion or first-time buyers seeking immediate rental income.
Enhanced Comfort & Quietness: Features like wall AC units in each bedroom, an electric fireplace, and its designation as a 'quiet front end unit' contribute to a comfortable and peaceful living environment.

Cons

Absence of Central Air Conditioning: While wall AC units are present in bedrooms, the lack of a central air conditioning system may be a drawback for some buyers.
Building Age: Constructed in 1954, the property's older building infrastructure, despite interior renovations, could imply potential future maintenance considerations for common areas or building systems.
Monthly Association Fees: The recurring monthly association fee of $273.0 adds to the overall cost of homeownership, which is a factor for budget-conscious buyers.

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