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1219 Olive Ave, Long Beach, CA 90813

$1,158,000
Last sold 03/25/2016 for $746K
11
bed
5
bath

House not for sale

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About 1219 Olive Ave

Property type House

Neighborhood

Year built 1988

HOA fee $0/month

Lot size 6,527 Sqft

Movoto estimate

Property description

This offering presents an investor the great opportunity to acquire a building in the heart of Cambodian town with an excellent unit mix that is centrally located near the Anaheim Commercial Corridor in Long Beach, California. This property has easy access to shops, schools, civil facilities, transportation, and the 405, 710 and 22 freeways. The property comprises two buildings. The front building is a 1988 wood frame/stucco construction that contains a three-bedroom/two-bath and a two-bedroom/one-bath un

Listed by

Listing Agent - Hiu

Listing Office - Hiu Chan, Broker

Source: San Diego MLS

MLS#PW15241273 • last updated 6 years ago

Movoto checked San Diego MLS for data 6 minutes ago

Overview
Levels/Style	1 Story
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	PW15241273
Lot Size (SqFt)	6527
Year Built	1988

Exterior
Lot Desc	4, 000-7, 499 SF, Sidewalks

Amenities / Utilities
Water Source	Meter On Property
Pool Desc	N/K

Location
Neighborhood	Downtown (DT)
County	Los Angeles
APN	7274003008

Multifamily Details
Unit 2: # Bedrooms	3
Unit 3: # Bedrooms	3
Unit 1: # Total Baths	1
Unit 2: # Total Baths	1
Unit 3: # Total Baths	1
Unit 4: # Total Baths	2
Unit 4: # Bedrooms	3
Unit 1: # Bedrooms	2
Unit 2: Actual Rent	1250
Unit 3: Actual Rent	1400
Unit 4: Actual Rent	1350
Total # of Units	4
Gross Rent Multiplier (Actual)	12.94
Gross Scheduled Income	61800

$1.15M

Range: $995K-$1.32M

Last 30 days

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Mar 2016
MLS # PW15241273
Mar 29, 2016 Sold
$746,000
Mar 25, 2016 Sold
$746,000 (-6.8%)
Oct 16, 2015 Listed
$800,000
Oct 16, 2015 Listed
$800,000
Mar 2016
Public Records
Mar 25, 2016 Sold
$746,000

Year Property taxes Tax assessment
2024
$11,704 +1.7%

$865,788
2023
$11,507 +6.4%

$865,788 +4.04%
2022
$10,815 +2.2%

$832,171 +2.0%
2021
$10,586 +0.3%

$815,855
2020
$10,558 +4.8%

$815,855 +3.06%
2018
$10,079 +1.1%

$791,659 +4.04%
2017
$9,973 +69.9%

$760,920 +65.61%
2016
$5,869 +4.0%

$459,463
2015
$5,643

—

1219 Olive Ave
$746K
Saint Mary
$535K +34% y/y
90813
$550K +10% y/y
Long Beach
$699K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1227 Olive Ave, Long Beach, CA 90813	$797,000	3/2	1,342	0.01
1220 Olive Ave, Long Beach, CA 90813	$695,000	2/2	778	0.03
1224 Lime Ave, Long Beach, CA 90813	$606,000	2/1	1,134	0.03
1142 Lime Ave, Long Beach, CA 90813	$747,000	3/3	1,579	0.04
1201 Lime Ave, Long Beach, CA 90813	$606,000	2/1	961	0.06
1223 Lime Ave, Long Beach, CA 90813	$563,000	2/1	1,395	0.06
1122 Lime Ave, Long Beach, CA 90813	$677,000	4/1	1,325	0.06
1241 Myrtle Ave, Long Beach, CA 90813	$623,000	3/2	1,440	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.