1065 Olive Ave, Long Beach, CA 90813
-
Listed Price :
$1,675,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1963
Property 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. No need to worry about rent control! 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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area, In Kitchen |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Features |
All Bedrooms Down |
| Cooling Type |
Ductless |
Listing Information
| Address |
1065 Olive Ave |
| City |
Long Beach |
| State |
CA |
| Zip |
90813 |
| County |
Los Angeles |
| Listing Agent |
Melissa McCrone DRE #01852718 |
| Courtesy Of |
The RECollective |
| List Price |
$1,675,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
6,517 |
| Year Built |
1963 |
Listing information courtesy of: Melissa McCrone, The RECollective. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 6th, 2024 at 5:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
