Long Beach, CA 90813 1030 Olive Avenue
$1,795,000
14 more
Presented By: Ben Shirvanian with Shirvan Group Inc;
- MLS# 24457513
- 10/28/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 13
Baths • 10
SQFT • 5,100
Home Details
FIVE Unit Apartment Building. 4 of the tenants are section 8 and 1 regular.. Guaranteed rental cash-flow. 3 of the units are townhouse style 3bd 2ba each, constructed in 1980 and the other 2 units are apartment style, 2 bedroom 2 bathroom, constructed in 2023. All unit have washer/dryer. Drive by ONLY. Under no circumstance you should disturb tenants. Do not go on property. Each unit has separate gas and separate electric meter, additionally each unit has their own laundry area. The property has alley in the back. The parking is gated.
Presented By: Ben Shirvanian with Shirvan Group Inc;
Interior Features for 1030 Olive Avenue
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1030 Olive Avenue
Additional Parcels Y/NNo
AppliancesDisposal, Microwave
Attached Garage No
Cap Rate6.5
Carport Y/NNo
CityLong Beach
CoolingCentralAir
CountyLos Angeles
DirectionsSoon Anaheim, Right on Olive.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income138792.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6531.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income117292.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1980
ZoningLBR4R
Exterior for 1030 Olive Avenue
Building Area Total5100.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1499
Lot Size Area6531.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking5.0
Additional Details
Price History
Hal Schlegel
Broker Associate