Listed by Juan Huizar, Sage Real Estate Group, Inc., (562) 400-7622 . Bought with Sky View Real Estate
1201 Olive Ave
Long Beach, CA 90813
Saint Mary's- 8 Beds
- 4 Baths
- 2,552 sqft
8 Beds
4 Baths
2,552 sqft
Local Information
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Description
Introducing 1201 Olive Avenue, a charming Craftsman property with four units, perfect for investors or those seeking multi-family living in a prime location. The front house is a beautifully remodeled Craftsman-style home, offering 3 bedrooms and 1 bath. It boasts a welcoming porch, a brand-new kitchen with modern cabinets, countertops, and flooring, plus a spacious bathroom. Laundry hookups are conveniently included.
The middle unit is a detached 2-bedroom, 1-bath home, offering privacy and potential. At the rear of the property, you'll find two additional units. The downstairs unit is a cozy 1-bedroom, 1-bath with its own garage, while the upstairs unit features 2 bedrooms and 1 bath, perfect for additional rental income or extended family.
This property is uniquely positioned with both a rear alley and a side alley that runs along the property, giving it the feel of a corner lot and adding flexibility for potential parking expansion. The large lot offers even more opportunity for future development or additional parking spaces. All units are individually sub-metered for gas and electric, making it easy to manage.
While the property could use some TLC, it is priced to sell and has immense potential. Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements.
This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available. Don’t miss out on this exceptional investment!
The middle unit is a detached 2-bedroom, 1-bath home, offering privacy and potential. At the rear of the property, you'll find two additional units. The downstairs unit is a cozy 1-bedroom, 1-bath with its own garage, while the upstairs unit features 2 bedrooms and 1 bath, perfect for additional rental income or extended family.
This property is uniquely positioned with both a rear alley and a side alley that runs along the property, giving it the feel of a corner lot and adding flexibility for potential parking expansion. The large lot offers even more opportunity for future development or additional parking spaces. All units are individually sub-metered for gas and electric, making it easy to manage.
While the property could use some TLC, it is priced to sell and has immense potential. Additionally, this property is located in an area eligible for the Ladder Up Home Loan Grant, offering up to $50,000 in grant credits for qualified owner-occupant buyers who meet eligibility requirements.
This is a rare opportunity to secure a multi-unit property in a prime location with financial assistance available. Don’t miss out on this exceptional investment!
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 13, 2024
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1201 Olive Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Inside |
Fireplace & Spa Spa: NoneNo Spa |
Windows, Doors, Floors & Walls Flooring: VinylCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: 1Floors: Vinyl |
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Exterior Home Features Roof: ShingleNo Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 3Has a GarageNo Attached GarageParking Spaces: 4Parking: Assigned |
Pool Pool: None |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 16 |
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Year Built Year Built: 1919 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Craftsman |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7274003012 |
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Price List Price: $875,000 |
Status Change & Dates Off Market Date: Thu Oct 10 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Alamitos Beach (Ab) |
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Building Area Building Area: 2552 Square Feet |
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Community Features: CurbsNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6541 sqft |
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Special Conditions: Standard |
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Contingencies: Agents - please read all my notes prior to calling.Listing Terms: Cash, Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas |
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Has Rent Control |
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Mls Number: PW24198055Living Area Range Units: Square FeetAttribution Contact: 562-307-0838Common Interest: NoneUniversal Property Id: US-06037-N-7274003012-R-N |
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Curbs |
Last check for updates: about 17 hours ago
Listed by Juan Huizar DRE #01417642, (562) 307-0838
Sage Real Estate Group, Inc.
Theresa Cornwell DRE #02230080
Sage Real Estate Group, Inc.
Bought with: Dara Chay DRE #01217793, Sky View Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24198055

Price History for 1201 Olive Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/16/2025 | $3,200 | ListingRemoved | Zillow Rentals |
| 04/01/2025 | $3,200 | Listed For Rent | Zillow Rentals |
| 11/18/2024 | $980,000 | Sold | CRMLS #PW24198055 |
| 10/18/2024 | $875,000 | Pending | CRMLS #PW24198055 |
| 10/10/2024 | $875,000 | Contingent | CRMLS #PW24198055 |
| 09/24/2024 | $875,000 | Listed For Sale | CRMLS #PW24198055 |
| 09/14/2023 | ListingRemoved | Zillow Rentals | |
| 08/30/2023 | $2,995 | PriceChange | Zillow Rentals |
| 08/17/2023 | $3,400 | Listed For Rent | Zillow Rentals |
| 08/05/2023 | ListingRemoved | Zillow Rentals | |
| 08/01/2023 | $3,400 | PriceChange | Zillow Rentals |
| 07/31/2023 | $3,450 | Listed For Rent | Zillow Rentals |
| 07/11/2000 | $200,000 | Sold | N/A |
| 01/26/2000 | $275,186 | Sold | N/A |
| 07/24/1997 | $265,000 | Sold | N/A |
| 02/24/1997 | $84,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $13,327 |
| Assessment | $980,000 |
Home facts updated by county records
Comparable Sales for 1201 Olive Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Multi-Family Home | $1,300,000 | 12/16/25 | 9 | 6 | 3,540 | |
0.24 | Multi-Family Home | $1,150,000 | 12/26/25 | 7 | 4 | 3,076 | |
0.17 | Multi-Family Home | $1,000,000 | 11/24/25 | 8 | 6 | 3,498 | |
0.20 | Multi-Family Home | $1,072,000 | 01/20/26 | 8 | 4 | 3,200 | |
0.29 | Multi-Family Home | $1,090,000 | 06/06/25 | 5 | 4 | 2,688 | |
0.12 | Multi-Family Home | $825,000 | 06/24/25 | 4 | 2 | 2,366 | |
0.39 | Multi-Family Home | $985,000 | 12/31/25 | 7 | 6 | 2,315 | |
0.62 | Multi-Family Home | $1,097,000 | 08/13/25 | 7 | 4 | 3,180 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1201 Olive Ave.
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.
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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 1201 Olive Ave
1201 Olive Ave, Long Beach, CA 90813 is a 8 bedroom, 4 bathroom, 2,552 sqft multi-family built in 1919. 1201 Olive Ave is located in Saint Mary's, Long Beach. This property is not currently available for sale. 1201 Olive Ave was last sold on Nov 18, 2024 for $980,000 (12% higher than the asking price of $875,000). The current Trulia Estimate for 1201 Olive Ave is $965,900.