2333 Olive Avenue

Long Beach, CA 90806

$1,850,000
Price
15
Beds
10
Baths
5,276 Sq. Ft.
$351 / Sq. Ft.
5,276
Sq. Ft.
$351
per Sq. Ft.

Description

We are pleased to present 2333 Olive Avenue, a five unit property located in the City of Long Beach, California. Built in 1985, the property is situated on a 6,420 square foot lot zoned LBR1N near the intersection of 23rd Street and Olive Avenue. The property consists of one three bedroom, one and half bathroom and four three bedrooms, two bathrooms and seven surface parking spaces. All the units are individually metered for electricity and gas. Located in the South Wrigley area of town, this property...

Property Details for 2333 Olive Avenue

Zoning
LBR1N
Year Built Numeric
1985

Location

Listing Courtesy of Kidder Mathews of California, Inc., Michael Jacobs, DRE #01979550

Property Details for 2333 Olive Avenue

StatusPending
MLS #21-719832
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.15 AC / 6,420 SF
CountyLos Angeles County

Contact a Compass agent

Location

Listing Courtesy of Kidder Mathews of California, Inc., Michael Jacobs, DRE #01979550

Building Information for 2333 Olive Avenue

Stories2Residences-Year Built1985Building Size-Lot Size0.15 AC / 6,420 SF

Payment Calculator

$6,200 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,200

Property Taxes

HOA Dues

$0

Property Information for 2333 Olive Avenue

Summary
    Location and General Information
  • Directions: Exit Willow Ave and make a right on Atlantic Ave
  • Year Built Source: Vendor Enhanced
  • Zip 4: 3281
  • City: Long Beach
  • Zip Code: 90806
  • County Or Parish: Los Angeles
  • Street Number Numeric: 2333
  • Street Name: Olive
  • State: CA
    Parking
  • Parking Garage: Uncovered
  • Total Parking: 10
Property
    Property and Assessments
  • Assessor Parcel Number: 7211-009-030
  • Disclosures: None
  • Source Living Area: Vendor Enhanced
  • Source Lot Size Area: Vendor Enhanced
  • Number Of Photos: 25
    Lot Information
  • Area: Poly High (9)
  • Other Structures: None
  • Service Level: Full Service
  • Living Area: 5276
  • Lot Size Area: 6420
Interior and Exterior Features
    Interior Features
  • Baths Total: 10.0
  • Cooling: None
  • Equipment: None
  • Heating: None
  • Number Of Stories: 2
  • Beds Total: 15
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Income: $11,050
  • Gross Operating Income: $132,600
  • Net Operating Income: $92,413.00
  • Total Annual Expense: 36209
    Unit Information
  • Type Of Units: Market
  • Unit Type Type: 2106, 2107
    Unit 1 Information
  • Unit Beds1: 3
  • Unit Baths1: 2
  • Unit Projected Rent1: $2,600.00
  • Unit Actual Rent1: $2,600.00
  • Unit Furnished1: No
  • Like Units1: 1
  • Unit Rent1: $2,600.00
    Unit 2 Information
  • Unit Projected Rent2: $10,800.00
  • Unit Furnished2: No
  • Like Units2: 4
  • Unit Rent2: $2,113.00
  • Unit Beds2: 3
  • Unit Baths2: 2
  • Unit Actual Rent2: $8,450.00
Rental
    Rental Information
  • Vacancy Allow Percent: 3.00%
  • Vacancy Rate: 20%
  • Gross Rent Multiplier: $13.95
  • Actual Annual Gross Rent: $132,600.00
  • Number Of Buildings: 1
  • Number Of Units: 5
  • Tenant Pays: Gas, Electricity

Property History for 2333 Olive Avenue

DateEvent & SourcePriceAppreciation
Apr 26, 2021

Pending

CRMLS #21719832

Apr 26, 2021

Pending

CLAW #21-719832

Apr 15, 2021

Listed (Active)

CRMLS #21719832

$1,850,000
DateEvent & SourcePrice
04/26/2021

Pending

CRMLS #21719832

04/26/2021

Pending

CLAW #21-719832

04/15/2021

Listed (Active)

CRMLS #21719832

$1,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2333 Olive Avenue

Taxable ValueLand$437,343Additions$499,822Total$937,165
Tax Record2020$12,415 ($1,035 / month)
Home Facts
Total Finished SqFt5,276 SqFtAbove Grade Finished SqFt5,276 SqFtLot Size6,420 SqFtStyleMulti-Family Res (5+ Units)Year Built1985Year Renovated1985ZoningLBR1NCountyLOS ANGELESAPN7211009030

Schools near 2333 Olive Avenue


SchoolTypeGradesDistanceRating
Burnett Elementary SchoolPublicK-50.2 mi
5
Holy Innocents Elementary SchoolPrivateK-80.6 mi
NR
Oakwood AcademyPrivateK-40.9 mi
NR
Polytechnic High SchoolPublic9-120.9 mi
6

Burnett Elementary School

K-5, 0.2 mi, Public

5

Holy Innocents Elementary School

K-8, 0.6 mi, Private

NR

Oakwood Academy

K-4, 0.9 mi, Private

NR

Polytechnic High School

9-12, 0.9 mi, Public

6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Kidder Mathews of California, Inc., Michael Jacobs, DRE #01979550

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.