727 Olive Ave, Long Beach, CA 90813
Property image
Property image
FOR SALE

$2,155,000

Original price: $2,165,000
  • 12 Beds
  • 11 Baths
  • 6,792 sqft

727 Olive Ave, Long Beach, CA 90813

East Village
Est. Mortgage $13,239/mo*
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Home Highlights

Multi-Family
Built in 1923
$317/sqft
7 Parking Spaces

Local Information

  • Map ViewExplore the area around 727 Olive Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

PRICED REDUCED TO SELL AT 9.4 GRM AND 7.0% CAP AGAINST IN PLACE RENTS WITH UPSIDE. Earn over an 8% cash on cash return against in place rents. 11 units in Long Beach NOT subject to rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). Long Beach has undergone major redevelopment with over $8BB of new projects in the past few years. The property is professionally managed and well maintained with onsite laundry. The property features 10 1 bedroom units and 2 bedroom/1 bed house.10 units have been heavily updated with new paint, flooring, kitchen cabinets and bathrooms. There are 5 garages in the rear and 2 surface spaces which is an added bonus given how limited parking is in Long Beach. Additionally, a Buyer could convert the 5 rear garages to ADU's if they choose - adding another 2 units - Buyer to verify. The property features updated electrical (Buyer to verify) and plumbing has been updated as interior updates have been made. All windows are updated as well. This property is perfect for an investor looking for a building with most of the heavy lifting done. Yet there is still some upside left to a 9 GRM and 7.5% CAP. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Additionally, Long Beach Airport is going through a $37MM overhaul in preparation for the 2028 Olympics.
Last check for updates: about 5 hours ago
Listing courtesy of Jonathan Swire DRE # 01336277, (310) 948-2631
The Agency, (424) 230-3700
Source: CLAW, MLS#26853651
Also Listed on CRMLS.

Home Details for 727 Olive Ave

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 11
Dimensions and Layout
Living Area: 6792 Square Feet
Heating & Cooling
Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 7Parking: Assigned

Days on Market

Days on Market: 57

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 7274020012

Price & Status

Price
List Price: $2,155,000Price Per Sqft: $317

Active Status

MLS Status: Active

Location

Direction & Address
City: Long Beach

Agent Information

Listing Agent
Listing ID: 26853651

Building

Building Area
Building Area: 6792 Square Feet

Lot Information

Lot Area: 7505.388 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 26853651

Around this home

Neighborhood Overview

East Village
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Village

At least 2 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say there are sidewalks

  • 89 % Say neighbors are friendly

  • 83 % Say car is needed

  • 75 % Say it's walkable to grocery stores

  • 71 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 50 % Say parking is easy

  • 40 % Say kids play outside

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Enoc Caceres
    "that parents should teach good principles to their children, so that in the future they become good citizens."
    0
    Flag
  • Trulia User
    "there are a lot of pet owners who walk their dogs around. they are all super friendly and pick up after their dogs. they love to socialize "
    2
    Flag
  • Trulia User
    "not sure about the community events here. call you if I spelled it up and you are looking to enroll full of my favorite books "
    0
    Flag
  • Trulia User
    "It's well kept, VERY neighborly, and walkable. It's safe! My dog and I LOVE IT, THE PEOPLE, THE SMELL OF FOOD, EVERYTHING!!"
    14
    Flag
  • Trulia User
    "I live in East Village - great neighborhood. There is a feeling of community and the neighbors look out for each other."
    8
    Flag
  • Trulia User
    "I love living in DTLB. I like that everything is a short walk away, plenty of places to eat, things to do, events, and the beach is right there! Most places/restaurants are dog friendly. The downsides for me would definitely be lack of parking in most areas and the unhoused/transient folks sometimes is out of control in some parts. But those things are expected in the downtown area. "
    9
    Flag
  • Trulia User
    "it use to be safe and fun with the seasonal events happening. In 2022, petty crime and random shooting (no hit) and the rise of high crime, businesses having their doors/windows smashed, is sad. I'm glad to finally leave in July."
    0
    Flag
  • Trulia User
    "I have lived in this area for 4 years and love it. Everything is walking distance and convenient. …"
    6
    Flag
  • Trulia User
    "There is an Art Walk every second Sunday. I live in the Art district so there are paintings displayed everywhere. A lot of restaurants and a walk to the grocery store. Unique small businesses. I am 4 blocks away from the beach, pike outlet, Long Beach convention center, and shoreline village. A lot of tourists in the area. The train is a block away. "
    2
    Flag
  • Trulia User
    "Easy access to 710 and 110 fwys. Metro runs through the heart of DTLB. I commute to Beverly Hills, which is awful with traffic. Traveling more than 10 miles to work is a nightmare depending on the destination "
    0
    Flag
  • Trulia User
    "Great diverse and kind neighbors live here. It’s really close to the breach and there are also so many great restaurants near by to enjoy."
    1
    Flag
  • Trulia User
    "The commute is okay. It typically takes me about 15-20 minutes to get to the 405 from where I live, and another 30-40 from there to get to Orange County."
    0
    Flag
  • Trulia User
    "Can be nice, but a lot of homeless people. Although they aren’t aggressive, some have the tendency to flash or be sprawled out across the side walks "
    0
    Flag
  • Martinique B.
    "Dog owners would love the fact that the area's dog friendly. Lots of local dog parks nearby, as well as eateries & bar's. "
    4
    Flag
  • Gifted C. J.
    "The art and the beach make the community special but not much of a unique experience. Over priced and not very peaceful. "
    2
    Flag
  • Sarah C.
    "It’s a perfect urban part of downtown. Walkable stores, bars, restaurants and etc. There’s always something to do and it’s a great neighborhood to live in."
    13
    Flag
  • Amanda A.
    "Not many places for kids to play. Lots of loud, mentally ill homeless. There aren’t many children seen in the area. Mostly young, working adults."
    4
    Flag
  • Lisa
    "The downtown Long Beach Monthly events are unique to its town. It’s easy to fall in love with the monthly Art walk, mon/fri night market, and artisan street fairs"
    1
    Flag
  • Jeromyabailey
    "The homeless population is rampant. Move here with caution. There’s a general feeling of being unsafe and always having to look over your shoulder. "
    2
    Flag
  • Fredfjz
    "is safe but crazy! lots of crazy people and homeless around but safe in the day time, but at night is very sc sketchie."
    1
    Flag
  • Freddy B.
    "It’s perfect to My needs .... and closer To any big streets or a it’s or enter to freeways ..... tráfico It’s like everywhere Heavier on the rush hours but I always fiend the way to easy and fast get sage and fast to My destinations ...!"
    1
    Flag
  • Mona T.
    "Close to freeway lots of lights homeless no parking dirt smells close to stores fast food schools most people polite "
    0
    Flag
  • Brett R.
    "Friendly people. Pet friendly lots of stores and restaurants. Good safe, and quiet You have easy transition and transportation. "
    1
    Flag
  • James L.
    "east village does not extend as far north as 8th street it ends between 4th to 6th street certainly not beyond 90802 zipcode stop fake marketing of apartments as east village when they are not 800 linden ave is not east village "
    3
    Flag
  • Zoe S.
    "Very dog friendly.. only good thing about the area ..parking sucks and over priced. Gentrification at its best "
    1
    Flag
  • Alicia C.
    "In my neighborhood or area, I can walk to downtown Long Beach and there are always events or things going on. Even farmer markets on certain days of the month. Or music events also on certain days of the month. And everything is usually walking distance or if not, a quick and inexpensive Uber or Lyft ride to the events. "
    1
    Flag
  • Alicia C.
    "This isn’t exactly a kid friendly neighborhood since there are a lot of apartments and a busy street with many cars passing by. Also a lot of stray cats. Not sure how close by the local schools are to my complex. "
    0
    Flag
  • Alicia C.
    "My neighborhood is centered in an area where it’s very easy to walk to grocery store, to restaurants, shops, close to the freeways. Very dog friendly. "
    1
    Flag
  • Arpan K.
    "I love this neighborhood cuz I live here and work here. It’s close to everything and people are really nice. I started my band from here. It’s home for NepCali"
    2
    Flag
  • Lucio V.
    "There is a beautiful beach and parks for your kids to play. Try to stay away from North Long Beach. It is not the safest. "
    0
    Flag
  • Rose A.
    "I've lived here for 3 years now. Neighbors are friendly, dog-friendly town, cool restaurants are within walking distance. There's always something to do especially on the weekends! So dynamic and alive, yet chill cause I'm steps away from the beach."
    1
    Flag
  • April D.
    "There"s something always going on. But down the street Broadway/Lime live music. It"s good and the ppl are warm and friendly"
    0
    Flag
  • Alex M.
    "I walk to work in downtown. I am very close to public transportation as well and a major freeway. Nothing is too far."
    0
    Flag
  • Jordannpascallhome
    "There aren’t any close parks by, it’s very annoying because the dog parks are a drive away. Also there’s mostly pavement so the doggos have to walk on the hard floor. "
    0
    Flag
  • Adamjohnames
    "It’s not a good neighborhood to raise kids, they will regularly be exposed to meth use on the streets"
    1
    Flag
  • skitt90
    "Nothing. No one goes outside. Too boring. Neighbors either smoke or drink. All the parks are filled with dirty people and homeless and or just feels dirty. We stay inside. Watch tv. Or travel all the way to San Diego just to do something fun. Kdb is gone and so is Walmart. I’m moving out of California this time next year. Already secured location. "
    2
    Flag
  • Mackenzieralston
    "Constantly see people walking dogs, the only down side is the amount of trash left on the floor for furry friends to get into. "
    0
    Flag

Market trends in Long Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
721 E 7th St, Long Beach, CA
0.03
Multi-Family Home
$2,450,000
05/18/26
14
16
10,464
728 Lime Ave, Long Beach, CA
0.03
Multi-Family Home
$1,605,000
04/29/26
14
7
5,707
626 Linden Ave, Long Beach, CA
0.20
Multi-Family Home
$1,650,000
06/30/26
9
9
7,131
1004 E 5th St, Long Beach, CA
0.30
Multi-Family Home
$2,200,000
09/29/25
16
9
7,122
615 Cerritos Ave, Long Beach, CA
0.28
Multi-Family Home
$2,025,000
12/31/25
16
8
6,144
1050 E 5th St, Long Beach, CA
0.34
Multi-Family Home
$1,560,000
07/14/26
11
10
5,864
833 E 1st St, Long Beach, CA
0.57
Multi-Family Home
$1,850,000
12/22/25
11
11
6,087
1271 E 7th St, Long Beach, CA
0.44
Multi-Family Home
$2,600,000
10/31/25
19
12
10,113
939 Pacific Ave, Long Beach, CA
0.68
Multi-Family Home
$2,705,000
09/01/26
13
13
7,836

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
728 Lime Ave, Long Beach, CA 90813
0.03
$1,605,000
14
7
5,707
Recently Sold
721 E 7th St, Long Beach, CA 90813
0.03
$2,450,000
14
16
10,464
Recently Sold
733 E 7th St, Long Beach, CA 90813
0.03
$1,226,400
14
4
4,842
Off Market
810 E 8th St, Long Beach, CA 90813
0.05
$556,200
1
1
714
Off Market
737 Lime Ave, Long Beach, CA 90813
0.08
$843,000
3
2
1,382
Off Market
812 E 8th St, Long Beach, CA 90813
0.06
$660,000
4
2
1,313
Recently Sold
629 Olive Ave, Long Beach, CA 90802
0.08
$1,046,500
4
4
1,824
Off Market
636 E 7th St, Long Beach, CA 90813
0.09
$579,000
3
1.5
1,050
For Sale
712 Atlantic Ave, Long Beach, CA 90813
0.11
$1,224,500
6
-
4,222
Off Market
621 Lime Ave, Long Beach, CA 90802
0.11
$662,400
2
1
940
Off Market
601 Olive Ave #D, Long Beach, CA 90802
0.10
$409,300
1
1
626
Off Market

Price and Tax history

DateEventPrice
Aug 10, 2026
Source: CLAW #26853651
PriceChange
$2,155,000
Price decreased by 0%
Jul 27, 2026
Source: CLAW #26853651
PriceChange
$2,165,000
Price decreased by 0%
Jul 8, 2026
Source: CLAW #26853651
Listed For Sale
$2,175,000
Mar 12, 2021
Source: N/A
Sold
$2,326,000
Jan 12, 2021
Source: Agent Provided
Listed For Sale
$2,279,000

LGBTQ Local Legal Protections

Jonathan Swire, The Agency, (424) 230-3700
Agent Phone: (310) 948-2631
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-04 00:43:34 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.

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Frequently asked questions about 727 Olive Ave

  • What is the estimated monthly payment for 727 Olive Ave?
    Based on a $2,155,000 list price with 20% down at today's rates, the estimated monthly payment for 727 Olive Ave in Long Beach, CA is approximately $13,460 (about $11,266 principal & interest, $2,119 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 727 Olive Ave compare to homes in Long Beach?
    727 Olive Ave in Long Beach, CA is listed at $2,155,000, about 164% above the $818K median sale price in Long Beach.
  • What are the closest schools to 727 Olive Ave?
    The closest schools to 727 Olive Ave in Long Beach, CA are Franklin Classical Middle School (rated 4/10), Polytechnic High School (rated 7/10), Stevenson Elementary School (rated 5/10).
  • Does 727 Olive Ave have parking?
    Yes, 727 Olive Ave in Long Beach, CA has on-site parking.
727 Olive Ave, Long Beach, CA 90813 is a 12 bedroom, 11 bathroom, 6,792 sqft multi-family built in 1923. 727 Olive Ave is located in East Village, Long Beach. This property is currently available for sale and was listed by CLAW on Jul 8, 2026. The MLS # for this home is MLS# 26853651.