1209 Olive Avenue is a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry. 1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91). Current rents offer a new investor 13 percent rental upside. 1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.
For sale
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
$1,312,000
1209 Olive Ave, Long Beach, CA 90813
9beds
6baths
3,540sqft
Est.:
Multi Family
Built in 1928
6,501 Square Feet Lot
$1,297,500 Zestimate®
$371/sqft
$-- HOA
What's special
Two-story fourplex
- 25 days
- on Zillow |
- 284 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2025 at 04:40am
Listing Provided by:
Steven Bogoyevac DRE #01332755 steve.bogoyevac@marcusmillichap.com,
Steven M. Bogoyevac, Broker
Source: CRMLS,MLS#: PW25075601
Originating MLS: California Regional MLS

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Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Appliances
- Laundry: Community
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,540
- Total interior livable area: 3,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Open
- Garage spaces: 1
- Uncovered spaces: 1
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,501 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7274003010
- Zoning: LBR4R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
- Subdivision: Other (OTHR)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $1,077,555
- Annual tax amount: $14,548
- Date on market: 4/7/2025
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