1065 Olive Ave Pending Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 2,726 sqft
Price per Sqft $614
Subdivision Downtown (Dt)
MLS Listing ID PW24138883
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1963
Lot Size 6,516 Sqft
Acres 0.1496
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. 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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Rooms
Ensuite Laundry Common Area,In Kitchen
Interior
Interior Features All Bedrooms Down
Laundry Location Common Area,In Kitchen
Heating Ductless
Cooling Ductless
Flooring Laminate
Fireplaces Type None
Inclusions All appliances and furniture
Fireplace No
Appliance Dishwasher,Gas Oven,Dryer,Washer
Laundry Common Area,In Kitchen
Exterior
Fence Wood
Pool None
Community Features Suburban
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 7274012019
Security Features Security System
Acceptable Financing Cash,Cash to New Loan,Conventional,FHA,VA Loan
Listing Terms Cash,Cash to New Loan,Conventional,FHA,VA Loan
Special Listing Condition Standard