About 1209 Olive Avenue
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.
Features of 1209 Olive Avenue
| MLS® # | PW25075601 |
|---|---|
| Price | $1,312,000 |
| Sold Price | $1,300,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Lot Sqft | 6,501 |
| Acres | 0.15 |
| Year Built | 1928 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Closed |
| # Of Units | 6 |
Community Information
| Address | 1209 Olive Avenue |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| Subdivision | n/a |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 2 |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | April 7th, 2025 |
|---|---|
| Date Sold | December 16th, 2025 |
| Days on Market | 163 |
| Zoning | LBR4R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Bogoyevac |
|---|---|
| Office | Steven M. Bogoyevac, Broker |