Listed by Timothy Majka, Keller Williams Coastal Prop., (562) 961-1400 . Bought with GML Homes, Inc.
3581 Olive Ave
Long Beach, CA 90807
California Heights- 2 Beds
- 4 Baths
- 1,808 sqft
$1,110,000
Last Sold: Apr 6, 2026
1% over list $1.09M
$614/sqft
Est. Refi. Payment $6,710/mo*
$1,110,000
Last Sold: Apr 6, 2026
1% over list $1.09M
$614/sqft
Est. Refi. Payment $6,710/mo*
2 Beds
4 Baths
1,808 sqft
Local Information
© Google
-- mins to
Description
Trophy Spanish Fourplex in Coveted California Heights – Ideal Owner-User or Investment Opportunity!
Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beach’s most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value.
The property consists of four units—two 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $78,684 annually, with pro-forma potential of approximately $87,360 based on market rents.
Additional features include three private garages and ample street parking. The location is unbeatable—just 2–3 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls.
This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.
Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beach’s most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value.
The property consists of four units—two 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $78,684 annually, with pro-forma potential of approximately $87,360 based on market rents.
Additional features include three private garages and ample street parking. The location is unbeatable—just 2–3 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls.
This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.
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 April 06, 2026
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$614/sqft
Listed
63 days ago
Home Details for 3581 Olive Ave
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 4 |
Appliances & Utilities Appliances: Gas RangeLaundry: None |
Heating & Cooling Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Floors: Wood |
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Exterior Home Features Roof: Spanish TileNo Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: Garage |
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: 14 |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Spanish |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Not Included in Sale: Tenant's personal propertyParcel Number: 7145021017 |
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Price List Price: $1,095,000Price Per Sqft: $614/sqft |
Status Change & Dates Off Market Date: Tue Feb 17 2026Possession Timing: See Remarks |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: California Heights (Ch) |
School Information Walk Score: 82 |
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Building Area Building Area: 1808 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: 4482 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash to New Loan, Conventional, FHA, VA Loan |
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Expense Tenant Pays: Electricity, Gas |
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Has Rent Control |
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Mls Number: PW26022511Living Area Range Units: Square FeetAttribution Contact: 562-900-9430Activation Date: Tue Feb 03 2026Common Interest: NoneStart Showing Date: Tue Feb 03 2026Universal Property Id: US-06037-N-7145021017-R-N |
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SuburbanSource Internet Entire Listing Display |
Last check for updates: about 4 hours ago
Listed by Timothy Majka DRE #01399855, (562) 900-9430
Keller Williams Coastal Prop.
Bought with: Rady Math DRE #02088080, (562) 682-2285, GML Homes, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26022511

Price History for 3581 Olive Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/06/2026 | $1,110,000 | Sold | CRMLS #PW26022511 |
| 02/19/2026 | $1,095,000 | Pending | CRMLS #PW26022511 |
| 02/03/2026 | $1,095,000 | Listed For Sale | CRMLS #PW26022511 |
| 01/31/2026 | $2,195 | ListingRemoved | Zillow Rentals |
| 01/13/2026 | $2,195 | Listed For Rent | Zillow Rentals |
| 06/01/2019 | $1,595 | ListingRemoved | Agent Provided |
| 05/01/2019 | $1,595 | Listed For Rent | Agent Provided |
| 08/11/1999 | $48,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,601 |
| Assessment | $302,158 |
Home facts updated by county records
Comparable Sales for 3581 Olive Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $1,285,000 | 12/26/25 | 4 | 3 | 2,499 | |
0.27 | Multi-Family Home | $1,055,000 | 04/17/26 | 5 | 4 | 2,280 | |
0.28 | Multi-Family Home | $1,050,000 | 09/08/25 | 5 | 4 | 2,280 | |
0.33 | Multi-Family Home | $1,200,000 | 12/30/25 | 4 | 4 | 2,593 | |
0.19 | Multi-Family Home | $950,000 | 09/23/25 | 5 | 4 | 2,985 | |
0.49 | Multi-Family Home | $1,275,000 | 07/30/25 | 8 | 4 | 3,350 | |
0.53 | Multi-Family Home | $1,540,000 | 03/17/26 | 4 | 3 | 2,378 | |
0.70 | Multi-Family Home | $999,000 | 12/15/25 | 4 | 4 | 2,100 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3581 Olive Ave.
What Locals Say about California Heights
At least 63 Trulia users voted on each feature.
97 % Say it's dog friendly
94 % Say there are sidewalks
91 % Say it's walkable to restaurants
81 % Say car is needed
79 % Say yards are well-kept
74 % Say there's holiday spirit
74 % Say streets are well-lit
70 % Say people would walk alone at night
69 % Say parking is easy
60 % Say they plan to stay for at least 5 years
60 % Say neighbors are friendly
60 % Say kids play outside
52 % Say it's quiet
51 % Say it's walkable to grocery stores
48 % Say there's wildlife
34 % Say there are community events
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 3581 Olive Ave
3581 Olive Ave, Long Beach, CA 90807 is a 2 bedroom, 4 bathroom, 1,808 sqft multi-family built in 1930. 3581 Olive Ave is located in California Heights, Long Beach. This property is not currently available for sale. 3581 Olive Ave was last sold on Apr 6, 2026 for $1,110,000 (1% higher than the asking price of $1,095,000). The current Trulia Estimate for 3581 Olive Ave is $1,113,800.