1941 Olive Avenue, Long Beach, CA

$1,195,000

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6

Beds

4

Baths

0.15

Acres

About 1941 Olive Avenue

1941 Olive is an exceptional opportunity to own a fully turnkey 4-unit in the heart of Long Beachs highly desirable Poly High area, just minutes from Signal Hill and a short drive to the ocean. Built in 1920, this unique property spans three separate buildings totaling 2,554 rentable square feet on a 6,550 SF lot, delivering a rare bungalow-style layout that lives more like a collection of private homes than a typical apartment complex. The entire property has been comprehensively renovated with no detail overlooked, featuring all-new plumbing, permitted electrical, new windows and doors, upgraded flooring, and fresh interior and exterior paint. Each unit boasts fully remodeled kitchens and bathrooms with new cabinetry, granite countertops, stainless steel appliances, and modern finishes throughout, creating a clean, contemporary living experience that attracts quality tenants and supports premium rents. Curb appeal and functionality are dialed in with a brand-new vinyl fence for added privacy, along with 4 detached enclosed garage spacesan extremely valuable amenity in this high-demand rental pocket. The unit mix is both practical and desirable: (1) 3-bed / 1-bath standalone home and (3) 1-bed / 1-bath units, including another standalone unit, offering flexibility for owner-users or investors looking to maximize income. This is a true plug-and-play investment with zero deferred maintenance, delivering immediate cash flow from day one. A standalone coin-operated laundry room provides additional passive income, further enhancing returns. Adding to the appeal is future upside

Features of 1941 Olive Avenue

MLS® # OC26090391
Price $1,195,000
Bedrooms 6
Bathrooms 4.00
Acres 0.15
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1941 Olive Avenue
Area LONG BEACH (90806)
City Long Beach
County Los Angeles
State CA
Zip Code 90806

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Floor Furnace
Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed April 27th, 2026
Days on Market 21
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDecorum Properties & Investments, Inc

Listing Map

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