Listed by Melissa McCrone, The RECollective, (562) 980-0505 . Bought with Circle Real Estate
1065 Olive Ave
Long Beach, CA 90813
Saint Mary's
7 Beds
6 Baths
2,726 sqft
7 Beds
6 Baths
2,726 sqft
Local Information
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Description
Don't miss out on this excellent investment opportunity!!! Compound housing that consists of 3 structures with a total of 5 units that have been completely remodeled and furnished from top to bottom making it comfortable and welcoming stay for all tenants and guests. EVERTHING on the property is new!!! New roof, new flooring, new plumbing, new electric...everything! The property is very safe and secure offering an ADT and camera system, flood lights, and security gates. All units are individually metered for electric, water, gas, and have their own mini-split system for heating and cooling. This property is energy efficient, so the monthly expenses are extremely low! Other amenities include tankless water heaters, electric car chargers, private outdoor patio space, parking, and high-speed Wi-Fi. The 3bed/2bath is currently permitted for Airbnb which is the perfect opportunity for short term rentals with little to no vacancy ratio. Located within walking distance to St. Mary's Hospital where more than 50% of the employees are traveling from out of state. The income is approximately $15,000 a month for short term rentals. This location is within a 15-minute walking distance to popular Long Beach tourist attractions which include the Convention Center, Shoreline Village, Aquarium of the Pacific, Queen Mary, Pine St, beach, restaurants, and much more.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 05, 2024
Home Highlights
Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1065 Olive Ave
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 6 |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas Oven, Dryer, WasherDishwasherDryerLaundry: Common Area,In KitchenWasher |
Heating & Cooling Heating: DuctlessHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Ductless |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Flooring: LaminateCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: frontFloors: Laminate |
Security Security: Security System |
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Exterior Home Features Fencing: WoodNo Private Pool |
Parking & Garage No GarageParking Spaces: 6 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 107 |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionAttached To Another Structure |
Property Information Condition: Updated/Remodeled, TurnkeyIncluded in Sale: All appliances and furnitureParcel Number: 7274012019 |
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Price List Price: $1,675,000 |
Status Change & Dates Off Market Date: Sun Sep 22 2024 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Downtown (Dt) |
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Building Area Building Area: 2726 Square Feet |
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Community Features: SuburbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6517 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, FHA, VA Loan |
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Expense Tenant Pays: None |
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No Rent Control |
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Mls Number: PW24138883Living Area Range Units: Square FeetAttribution Contact: 562-972-9742Common Interest: NoneUniversal Property Id: US-06037-N-7274012019-R-N |
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Suburban |
Last check for updates: about 2 hours ago
Listed by Melissa McCrone DRE #01852718, (562) 972-9742
The RECollective
Bought with: Rady Math DRE #02088080, (562) 682-2285, Circle Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24138883
Price History for 1065 Olive Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/05/2025 | $3,895 | ListingRemoved | Zillow Rentals |
| 07/03/2025 | $3,895 | Listed For Rent | Zillow Rentals |
| 05/23/2025 | $3,795 | ListingRemoved | Zillow Rentals |
| 05/22/2025 | $3,795 | Listed For Rent | Zillow Rentals |
| 10/28/2024 | $1,625,000 | Sold | CRMLS #PW24138883 |
| 02/16/2022 | ListingRemoved | Zillow Rental Network_1 | |
| 01/04/2022 | $2,300 | Listed For Rent | Zillow Rental Network_1 |
| 12/07/2021 | $518,000 | Sold | N/A |
Market trends in Long Beach
Last updated April 2026
Avg. sale price
$818K $6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$638 $14MoM
Available listings
764 39MoM
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $21,249 |
| Assessment | $1,625,000 |
Home facts updated by county records
Comparable Sales for 1065 Olive Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $1,300,000 | 12/16/25 | 9 | 6 | 3,540 | |
0.21 | Multi-Family Home | $1,000,000 | 11/24/25 | 8 | 6 | 3,498 | |
0.34 | Multi-Family Home | $985,000 | 12/31/25 | 7 | 6 | 2,315 | |
0.12 | Multi-Family Home | $1,072,000 | 01/20/26 | 8 | 4 | 3,200 | |
0.34 | Multi-Family Home | $1,150,000 | 12/26/25 | 7 | 4 | 3,076 | |
0.44 | Multi-Family Home | $1,020,125 | 01/23/26 | 7 | 6 | 3,432 | |
0.06 | Multi-Family Home | $825,000 | 06/24/25 | 4 | 2 | 2,366 | |
0.30 | Multi-Family Home | $1,605,000 | 04/29/26 | 14 | 7 | 5,707 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 1065 Olive Ave.
- Franklin Classical Middle School
- 6-8
- Public
- 991 Students
4/10GreatSchools RatingParent Rating AverageThis school is wild, but at least it's true. This school is a mix of backgrounds and personalities, which is both good, okay, and bad. Yes, this school has "dangers," but if you do something before it does, it would be so much safer. I say this because most students here want to deal with their issues themselves, but it ends up being a mess. This school is good if you make an effort to report things you see that may endanger someone else. This school does NOT mess around when they hear a student is struggling with something, or has an issue with someone (family, friends, peers), the school will help you. This school makes an effort to help students be safe and happy, but they can only do that IF you make an effort to tell a staff member that something is going on. This school makes an effort to make sure it's safe, friendly, non-toxic, and so much more, but they need students' help with reporting something before the issue gets worse. OH, and this school has a great education system, but you do have to remind ur student if they're struggling to ask for help! The teachers here will help you (yes, even the strict ones!).Student Review6mo ago - Polytechnic High School
- 9-12
- Public
- 3890 Students
7/10GreatSchools RatingParent Rating AverageLong Beach Poly is the pride and joy of Long Beach. It is a school that encourages the creativity and growth of its diverse student body from many different backgrounds. All teachers in every pathway are among the best you will ever find. From supporting nearly 4,100 students, all teachers are incredibly helpful and truly want their students to grow not just academically; but provide guidance for building character. All faculty and staff are kind, warm, and truly show what being a Jackrabbit is. Right when you walk into this school, you can tell how the student body and all staff are truly proud to be at Poly and be a Jackrabbit.Student Review6mo ago - International Elementary School
- K-5
- Public
- 519 Students
5/10GreatSchools RatingParent Rating AverageThis school is absurd I went to this school back in the early 200’s and it’s sad to say I would never recommend this school to anyone . 1. From the principal to the office staff is a joke no one communicates with each other , they can’t be honest with parents as well this is not a SAFE PLACE for children because on top of not caring who comes in the school you guys only watch the kids for 5mins then let them sent on a bench by themselves as your “kinda close by” . Also the past experiences up to this moment have all been negative. I honestly feel this school needs a revamp & reevaluation on the school administration here .Parent Review1y ago 
Check out schools near 1065 Olive Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Saint Mary's
At least 66 Trulia users voted on each feature.
88 % Say there are sidewalks
73 % Say yards are well-kept
69 % Say it's dog friendly
66 % Say it's walkable to restaurants
65 % Say it's walkable to grocery stores
61 % Say there's holiday spirit
60 % Say car is needed
54 % Say streets are well-lit
48 % Say kids play outside
43 % Say neighbors are friendly
38 % Say they plan to stay for at least 5 years
35 % Say people would walk alone at night
30 % Say there's wildlife
25 % Say it's quiet
23 % Say there are community events
18 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 1065 Olive Ave
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1065 Olive Ave, Long Beach, CA 90813 is a 7 bedroom, 6 bathroom, 2,726 sqft multi-family built in 1963. 1065 Olive Ave is located in Saint Mary's, Long Beach. This property is not currently available for sale. 1065 Olive Ave was last sold on Oct 28, 2024 for $1,625,000 (3% lower than the asking price of $1,675,000). The current Trulia Estimate for 1065 Olive Ave is $1,445,100.