Home | Los Angeles County | Long Beach | 90807 | 3581 Olive Ave
MLS: CRPW26022511 | Status: Sold | Price: $1,110,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,482 | 1930 |
Trophy Spanish Fourplex in Coveted California Heights – Ideal Owner-User or Investment Opportunity! Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beach’s most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value. The property consists of four units—two 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $78,684 annually, with pro-forma potential of approximately $87,360 based on market rents. Additional features include three private garages and ample street parking. The location is unbeatable—just 2–3 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls. This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.
| Field | Value |
|---|---|
| MLS # | CRPW26022511 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Gas |
| Laundry | None |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Tile |
| Pool | None |
| Style | Spanish |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Garage: 3 Car(s) |
| HOA Fee | $0 |
Timothy Majka
Keller Williams Coastal Prop.
License #: 01399855
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Longfellow Elementary School | public | K-5 | 0.37 mi | 9 |
| Hughes Middle School | public | 6-8 | 0.46 mi | 7 |
| Los Cerritos Elementary School | public | K-5 | 1.11 mi | 8 |
| Birney Elementary School | public | K-5 | 1.29 mi | 6 |
| Lafayette Elementary School | public | K-5 | 1.62 mi | 5 |
| Burnett Elementary School | public | K-5 | 1.66 mi | 4 |
| Barton Elementary School | public | K-5 | 1.69 mi | 4 |
| Muir K-8 | public | K-8 | 1.69 mi | 6 |
| Signal Hill Elementary School | public | K-5 | 1.71 mi | 8 |
| Madison Elementary School | public | K-5 | 1.81 mi | 8 |
| Dooley Elementary School | public | K-5 | 1.90 mi | 4 |
| Alvarado Elementary School | public | K-5 | 2.03 mi | 9 |
| Robinson Academy | public | K-8 | 2.03 mi | 5 |
| Lindsey Academy | public | 6-8 | 2.04 mi | 3 |
| Webster Elementary School | public | K-5 | 2.06 mi | 4 |
| Rancho Dominguez Preparatory | public | 6-12 | 2.06 mi | 4 |
| Dominguez Elementary School | public | K-5 | 2.07 mi | 8 |
| Jessie Nelson Academy | public | 6-8 | 2.14 mi | 3 |
| Hoover Middle School | public | 6-8 | 2.18 mi | 4 |
| Addams Elementary School | public | K-5 | 2.18 mi | 5 |
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This listing information is up-to-date as of April 06, 2026. For the most current information, please contact Timothy Majka.