$675,000
SOLD JUL 3, 2025
2 Beds
2 Baths
1,588 Sq Ft
6,473 Sq Ft Lot

Recently Sold

$425 Per Sq Ft

9 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Dog Park
  • Long Beach Polytechnic High School Rated A
  • Bike Trail
  • 3-minute walk to NAACP Freedom Park

About This Home

As of July 2025

Charming Duplex with ADU Potential – 2319 Olive Ave, Long Beach, CA 90806

Great investment opportunity in the heart of Long Beach! This duplex features two 1-bedroom, 1-bath units, perfect for an owner-occupant, multi-generational living, or rental income. Each unit offers comfortable living space.

A detached 2-car garage sits at the rear of the property, offering valuable off-street parking and excellent potential for conversion into an Accessory Dwelling Unit (ADU) – adding even more value and income possibilities (buyer to verify with city).

Situated on a quiet residential street. This property is close to parks, schools, shopping, dining, and has easy access to the 710 and 405 freeways.

Don't miss this versatile and income-generating property with room to grow. Live in one, rent the other – or rent both and explore the ADU potential!

Last Agent to Sell the Property

Francisco Garibay

GE Dean and Associates Brokerage Phone: 3104896207 License #02154387 Listed on: 05/14/2025

Last Buyer's Agent

Maria Cibrian

Century 21 Allstars License #01428610

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1922

Lot Details

  • 6,473 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 3395
  • Assessor Parcel Number 7211009022

Community Details

Overview

  • 2 Units
  • Poly High Subdivision

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $720
  • Water Sewer Expense $1,440
  • Operating Expense $2,160
  • Gross Income $21,600
  • Net Operating Income $19,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,273

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Number: 3104896207
  • Price Per Unit: 337500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 1440.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7211009022
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: west
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 425.06
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 6473.00
  • Lot Size Acres: 0.1486

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Lot Size Area: 6473.0000 Square Feet
  • Net Operating Income: 19440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2160.00
  • Rent Control: Yes
  • Total Actual Rent: 1800.00
  • Total Expenses: 2160.00

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 3395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 16, 2025
Sold by
Coelho Edward Frank
Bought by
Fujima Tadaaki
Seller's Agent
Francisco Garibay
GE Dean and Associates
Buyer's Agent
Maria Cibrian
Century 21 Allstars
List Price
$675,000
Sold Price
$675,000
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.60%
Original Mortgage
$315,000
Outstanding Balance
$314,735
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$351,111

Purchase Details

Closed on
Jul 24, 2020
Sold by
Augiar Luisa and Augiar John S
Bought by
Coelho Edward Frank
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $675,000 Orange Coast Title Company
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $675,000 0.0% $425 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $675,000 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $2,273 $147,153 $77,323 $69,830
2024 $2,273 $144,268 $75,807 $68,461
2023 $2,233 $141,440 $74,321 $67,119
2022 $7,252 $571,200 $367,200 $204,000
2021 $2,056 $135,949 $71,436 $64,513
2020 $2,051 $134,756 $70,704 $64,052
2019 $2,028 $132,118 $69,318 $62,800
2018 $1,908 $129,532 $67,959 $61,573
2016 $1,753 $124,312 $65,321 $58,991
2015 $1,689 $122,445 $64,340 $58,105
2014 $1,690 $120,047 $63,080 $56,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25107715

California Regional Multiple Listing Service (CRMLS)

APN: 7211-009-022