3581 Olive Avenue, Long Beach, CA 90807

• 2 beds
• 1,808 sqft

Property Description

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 $76,056 annually, with pro-forma potential of approximately $86,160 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.

Listing Status:

Active

Date Added:

February 3, 2026

Data Last Updated:

February 8, 2026 at 6:06AM

Listing Office:

Keller Williams Coastal Prop. : 562-843-1017

Listing Agent:

Timothy Majka : 562-900-9430

MLS ID:

CRPW26022511

Interior

• Laundry: No Hookups
• Flooring: Wood
• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• General: Front YardSprinklers Front
• Parking: Other

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 7145021017

Financial

• Source: CRMLS