Home | Los Angeles County | Long Beach | 90813 | 1060 Olive
MLS: CRPW26120925 | Status: | Price: $5,400,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 13,051 | 1985 |
PROPERTY OVERVIEW - 1980'S CONSTRUCTION. Built in 1985, Ten60 Olive Avenue is a well-maintained 16-unit multifamily asset with strong curb appeal, located in Long Beach, California. The property features all 2-bedroom / 1-bath units with ample natural light. Amenities include on-site laundry facilities and secured underground parking with 24 parking spaces. $650K IN CAPITAL IMPROVEMENTS. Ownership has invested approximately $650K in recent capital improvements, significantly reducing near-term capital requirements and enhancing overall asset stability. Improvements include: high-end interior renovations on 11 of the 16 units, double-pane windows installed throughout all units, new railings and exterior enhancements, controlled access gates, building-wide security camera system, newly sealed roof in 2024, and upgraded fire panel system. ADDITIONAL INCOME & VALUE-ADD POTENTIAL. The property offers both in-place supplemental income and identifiable opportunities to further increase revenue; Laundry Income: On-site laundry facilities provide consistent ancillary income. Potential Utility Reimbursement (RUBS): Units are individually metered for gas and electricity positioning the asset for implementation of a RUBS program for additional income. Parking Income: Current rents include on
| Field | Value |
|---|---|
| MLS # | CRPW26120925 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Robert Stepp
Keller Williams Realty Downey
License #: 01456379
Phone: (310) 774-3740
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lincoln Elementary School | public | K-5 | 0.32 mi | 7 |
| Stevenson Elementary School | public | K-5 | 0.45 mi | 5 |
| Roosevelt Elementary School | public | K-5 | 0.46 mi | 5 |
| Polytechnic High School | public | 9-12 | 0.48 mi | 7 |
| Renaissance High School For The Arts | public | 9-12 | 0.49 mi | 8 |
| Franklin Classical Middle School | public | 6-8 | 0.55 mi | 4 |
| International Elementary School | public | K-5 | 0.57 mi | 5 |
| Whittier Elementary School | public | K-5 | 0.83 mi | 5 |
| Educational Partnership High School | public | 9-12 | 0.95 mi | 3 |
| Robinson Academy | public | K-8 | 1.03 mi | 5 |
| Washington Middle School | public | 6-8 | 1.03 mi | 4 |
| Edison Elementary School | public | K-5 | 1.12 mi | 3 |
| Burbank Elementary School | public | K-5 | 1.15 mi | 7 |
| Jessie Nelson Academy | public | 6-8 | 1.18 mi | 3 |
| Burnett Elementary School | public | K-5 | 1.24 mi | 4 |
| Alvarado Elementary School | public | K-5 | 1.29 mi | 9 |
| Chavez Elementary School | public | K-5 | 1.29 mi | 6 |
| Signal Hill Elementary School | public | K-5 | 1.40 mi | 8 |
| Lee Elementary School | public | K-5 | 1.47 mi | 6 |
| Willard Elementary School | public | K-5 | 1.51 mi | 3 |
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 03, 2026. For the most current information, please contact Robert Stepp, (310) 774-3740.