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    5960 Olive Ave

    Long Beach, CA 90805
    • $699,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 21-694120
    UPDATED: 20 min ago
    $699,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,770
      SQFT
    • $395
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. Both are charming traditionals on a beautiful tree-lined street. Property is located in a terrific neighborhood near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T23:43:55.073. 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.
    www.jelmbergteam.com/homes/114393619
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    5960 Olive Ave Long Beach, CA 90805

    • Price: $699,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 21-694120
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,770
    SQFT
    $395
    $/SQFT
    1963
    Built
    Neighborhood:
    North Long Beach
    County:
    Los Angeles
    Area:
    North Long Beach
    Property Description
    This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. Both are charming traditionals on a beautiful tree-lined street. Property is located in a terrific neighborhood near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.
    Exterior Features

    Lot Size Area 4988 Other Structures None Parking Garage Garage Total Parking 0

    Interior Features

    Baths Total 2.00 Common Walls Detached/No Common Walls Cooling Wall Unit(S) Equipment None Heating None

    Property Features

    Assessed Total Value 291267 Gross Income 2650 Gross Operating Income 31800 Like Units1 1 Like Units2 1 Net Operating Income 31800.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lbr1n

    Listing provided courtesy of Scott Nell DRE#01358285 of Keller Williams Realty Encino-Sherman Oa.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-07T23:43:55.073. 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.
     
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    The Jelmberg Team | Keller Williams
    39-575 Washington Street, Suite #105
    Palm Desert CA, 92211