Long Beach, CA 90813,1065 Olive Ave
Long Beach, CA 90813,1065 Olive Ave
Long Beach, CA 90813,1065 Olive Ave
41
$1,625,000
$1,675,000
3.0%
Est.Price: ?

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2,726 SqFt

1065 Olive Ave Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 10/28/2024

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Key Details

Sold Price $1,625,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,726 sqft

Price per Sqft $596

MLS Listing ID CRPW24138883

Sold Date 10/28/24

HOA Y/N No

Year Built 1963

Lot Size 6,517 Sqft

Acres 0.15

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

Location

State CA

County Los Angeles

Area Listing

Interior

Heating Other

Cooling Other

Flooring Laminate

Fireplace No

Appliance Dryer

Laundry Community Facility, Dryer, Washer, In Kitchen

Building

Lot Description Front Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7274012019

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Bridge MLS
Listed by Melissa McCrone • The RECollective
Bought with RadyMath

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Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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