1972 Olive Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated payment $6,412/month
Highlights
- Craftsman Architecture
- Granite Countertops
- Accessible Parking
- Long Beach Polytechnic High School Rated A
- No HOA
- Zoned Cooling
About This Home
POLY HIGH SCHOOL DISTRICT INCOME OPPORTUNITY! Rarely available, this recently remodeled property offers four separate dwellings designed to maximize income potential. The front duplex features updated 2-bedroom/1-bath units, complemented by two newly constructed 1-bedroom/1-bath ADUs, creating an exceptional multi-unit investment opportunity. Each residence offers its own private living space, while dedicated private parking adds significant convenience and value. Ideally located in Long Beach’s desirable Poly High School District, close to shopping, dining, schools, transportation, and major freeways. Whether you're looking to expand your investment portfolio, house multiple generations, or generate multiple rental streams, this property delivers flexibility, modern upgrades, and outstanding income potential.
Listing Agent
Fathom Realty Group, Inc. Brokerage Email: Jacquie@IEHomes.com License #01386357 Listed on: 09/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929 | Remodeled
Lot Details
- 6,506 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Wire Fence
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Tandem Garage
- Driveway
- Assigned Parking
Home Design
- Duplex
- Craftsman Architecture
- Entry on the 1st floor
- Slab Foundation
- Clay Roof
- Stucco
Interior Spaces
- 2,132 Sq Ft Home
- 1-Story Property
- Blinds
- Laminate Flooring
- Laundry in Garage
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Zoned Cooling
- No Heating
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Accessible Parking
- ENERGY STAR Qualified Equipment
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 5 / G
- Tax Tract Number 5501
- Assessor Parcel Number 7210011005
- $667 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $4,200
- Insurance Expense $2,500
- Trash Expense $1,440
- Water Sewer Expense $3,000
- Operating Expense $11,140
- Net Operating Income $98,060
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,116 | $277,244 | $191,980 | $85,264 |
| 2025 | $4,116 | $271,809 | $188,216 | $83,593 |
| 2024 | $3,948 | $266,480 | $184,526 | $81,954 |
| 2023 | $3,877 | $261,256 | $180,908 | $80,348 |
| 2022 | $3,544 | $256,134 | $177,361 | $78,773 |
| 2021 | $3,469 | $251,113 | $173,884 | $77,229 |
| 2019 | $3,421 | $243,668 | $168,728 | $74,940 |
| 2018 | $3,211 | $238,891 | $165,420 | $73,471 |
| 2016 | $2,955 | $229,617 | $158,998 | $70,619 |
| 2015 | $2,841 | $226,169 | $156,610 | $69,559 |
| 2014 | $2,832 | $221,740 | $153,543 | $68,197 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2026 09/02/26 | For Sale | $1,099,999 | 0.0% | $516 / Sq Ft |
| 08/15/2026 08/15/26 | For Rent | $2,850 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Grant Deed | $101,500 | Old Republic Title Company | |
| Corporate Deed | -- | Old Republic Title | |
| Trustee Deed | $166,000 | First Southwestern Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $199,000 | Credit Line Revolving | |
| Closed | $108,967 | Unknown | |
| Closed | $25,000 | Unknown | |
| Closed | $116,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26192066
APN: 7210-011-005
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Ask me questions while you tour the home.