521 Olive Ave Long Beach, CA 90802
East Village NeighborhoodEstimated payment $5,127/month
Total Views
12,068
2
Beds
3
Baths
1,175
Sq Ft
$671
Price per Sq Ft
Highlights
- 0.05 Acre Lot
- Craftsman Architecture
- Corner Lot
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- No HOA
About This Home
Welcome to 521 Olive Avenue in Long Beach's East Arts Village neighborhood. This charming, Craftsman-style Duplex consists of a 2 bedroom, 2 bath front house and a spacious studio unit in the back. The front house maintains original charm but has also been updated with modern-day amenities. The original hardwood floors and the coffered ceilings add an ornate touch. The front house was updated with all new fixtures, fresh paint, new carpet in the primary bedroom along with updates to the bathroom and kitchen. The large studio has its own entry and sits behind the front house. The studio has also been nicely updated and is complete with a full bathroom and kitchen. There is a parking space for 1 vehicle in the driveway which is assigned to the front house. This is property is in a great location and allows for easy access to Downtown Long Beach, the Aquarium of the Pacific, 2nd Street & Naples Island and is close to the Pacific Ocean and just a short distance to the fourth street corridor. Don't miss out on this great investment opportunity! PRICED TO SELL!!
Listing Agent
West Shores Realty, Inc. Brokerage Phone: 310-418-4227 License #02117804 Listed on: 03/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,941
Year Built
- Built in 1912
Lot Details
- 2,223 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Corner Lot
- Front Yard
Home Design
- Duplex
- Craftsman Architecture
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,175 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Wood Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Available
- Driveway
- Paved Parking
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Fireplace in Patio
Listing and Financial Details
- Legal Lot and Block 28 / 50
- Tax Tract Number 11933
- Assessor Parcel Number 7281003020
- $380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Alamitos Beach Subdivision
Recreation
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Pest Control $720
- Trash Expense $360
- Water Sewer Expense $360
- Operating Expense $2,640
- Gross Income $53,760
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,941 | $785,400 | $510,000 | $275,400 |
| 2024 | $9,941 | $770,000 | $500,000 | $270,000 |
| 2023 | $9,507 | $733,482 | $478,584 | $254,898 |
| 2022 | $8,919 | $719,100 | $469,200 | $249,900 |
| 2021 | $6,210 | $492,138 | $344,497 | $147,641 |
| 2020 | $6,194 | $487,093 | $340,965 | $146,128 |
| 2019 | $6,122 | $477,543 | $334,280 | $143,263 |
| 2018 | $5,952 | $468,180 | $327,726 | $140,454 |
| 2016 | $4,360 | $353,239 | $276,706 | $76,533 |
| 2015 | $4,186 | $347,934 | $272,550 | $75,384 |
| 2014 | $4,162 | $341,120 | $267,212 | $73,908 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $789,000 | -1.3% | $671 / Sq Ft |
| 08/01/2025 08/01/25 | For Sale | $799,000 | +3.8% | $680 / Sq Ft |
| 12/08/2023 12/08/23 | Sold | $770,000 | -0.5% | $655 / Sq Ft |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | Price Changed | $774,000 | -1.4% | $659 / Sq Ft |
| 10/02/2023 10/02/23 | Price Changed | $785,000 | -1.8% | $668 / Sq Ft |
| 08/23/2023 08/23/23 | Price Changed | $799,500 | -3.1% | $680 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $824,900 | +97061.4% | $702 / Sq Ft |
| 07/17/2023 07/17/23 | For Sale | $849 | -99.9% | $1 / Sq Ft |
| 06/10/2021 06/10/21 | Sold | $705,000 | +0.9% | $600 / Sq Ft |
| 05/03/2021 05/03/21 | For Sale | $699,000 | 0.0% | $595 / Sq Ft |
| 02/18/2021 02/18/21 | Rented | $2,200 | 0.0% | -- |
| 02/16/2021 02/16/21 | Under Contract | -- | -- | -- |
| 02/09/2021 02/09/21 | For Rent | $2,200 | 0.0% | -- |
| 04/12/2016 04/12/16 | Sold | $450,000 | -6.1% | $383 / Sq Ft |
| 02/19/2016 02/19/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $479,000 | -- | $408 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $770,000 | Fidelity National Title | |
| Grant Deed | $705,000 | First Amer Ttl Co Glendale | |
| Grant Deed | $450,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $300,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $654,500 | New Conventional | |
| Previous Owner | $500,500 | New Conventional | |
| Previous Owner | $493,500 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $404,550 | New Conventional | |
| Previous Owner | $296,000 | Negative Amortization | |
| Previous Owner | $294,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Long Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25057631
APN: 7281-003-020
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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