Property Details
About this Property
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, Aqua
MLS Listing Information
MLS #
CRPW24138883
MLS Source
California Regional MLS
Interior Features
Appliances
Dishwasher, Oven - Gas, Dryer, Washer
Flooring
Laminate
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1065 Olive Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 6,517 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,625,000 and was built in 1963. This address can also be written as 1065 Olive Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Melissa McCrone
