Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3755 Olive Ave Long Beach, CA 90807

    Sponsored
    For Sale
    $1,465,000

    Single Family Residence, Spanish - Long Beach, CA

    Type:Single Family Residence
    Property size:
    1,826 SF
    Lot size:
    6,767.00 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 12 at 9:06 am

    Property Features for 3755 Olive Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    3
    APN
    7145023033
    Parking
    6
    Interior features
    Ceiling Fan(s), Ceramic Counters, Coffered Ceiling(s), Copper Plumbing Partial, Crown Molding, High Ceilings, Pantry, Recessed Lighting, Carbon Monoxide Detector(s)
    Exterior features
    Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, 2-5 Units/Acre, Back Yard, Sloped Down, Front Yard, Sprinkler System
    Fireplace
    1
    Appliances
    Dishwasher, Freezer, Garbage Disposer, Oven - Double, Range, Range - Gas, Refrigerator, Washer
    Size
    1,826 SF
    Lot size
    6,767.00 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Architectural style
    Spanish

    We can help!

    Listing Contact
    Steven Nottingham

    Keller Willliams Pacific Estates (562) 513-7856

    Listing agent Steven Nottingham (562) 513-7800 License #01720641

    Listing date Feb 10, 2026

    MLS# PW26030996 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spanish Home with ADU

    This classic Spanish home is located in the desirable California Heights neighborhood on an elevated lot. The property includes 1,832 square feet of living space, featuring four bedrooms and three bathrooms distributed between two residences on a spacious lot. The main home offers three bedrooms and two baths, complete with a formal living room, fireplace, and dining room. Custom windows provide natural light. The kitchen includes a breakfast nook, mudroom, and appliances. The primary suite features a bay window with a bench seat overlooking the garden, a private fireplace, and double doors leading to a large, raised deck. The second room is located next to the shared bath, and the third room is currently a cozy family room. There is a permitted Accessory Dwelling Unit (ADU) with a full kitchen, bathroom, closet, and a 450-square-foot bedroom area, separate from the main home, suitable for an office, nanny, or rental income. The backyard features mature landscaping, a water feature, lawn, and BBQ area. Upgrades include a new roof, insulation, fresh paint, new appliances and carpet in the ADU, original hardwood floors in the main house, new A/C, and solar panels. The property is located in California Heights, close to Bixby. The lot size is 0.15534894398530763 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1829835
    Latitude
    33.8262007

    Nearby Similar for Sale

    • $3,995,000
      19,195 SF

      Versatile Church Property in Long Beach

      1.7-acre property with sanctuary, gym, school/commercial kitchen, and ample parking.
      6698 Orange Ave, Long Beach, CA 90805
      View Details
    • $1,299,000
      2,420 SF

      Long Beach Triplex with ADUs

      Triplex with updated main house and two new ADUs.
      496 E 52Nd St, Long Beach, CA 90805
      View Details
    • $1,540,000
      2,378 SF

      California Heights Duplex Collection

      Two remodeled bungalows blending period architecture with modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $2,700,000
      9,200 SF

      Long Beach Commercial Investment Property

      Commercial property with retail spaces and potential for additional development.
      208 W Anaheim St, Long Beach, CA 90813
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details
    • New
      $1,165,000
      1,556 SF

      Well-Maintained Duplex in Long Beach

      Functional duplex in a desirable Long Beach neighborhood.
      4027 E 11Th St, Long Beach, CA 90804
      View Details
    • $1,250,000
      3,164 SF

      East Long Beach Commercial Property

      Commercial property in East Long Beach with high accessibility.
      3535 E 7Th St, Long Beach, CA 90804
      View Details
    • $1,199,988
      Pending

      Renovated Long Beach Quadruplex

      Turnkey, renovated Long Beach quadplex near Signal Hill and the ocean.
      1941 Olive Ave, Long Beach, CA 90806
      View Details
    • $1,525,000
      4,670 SF

      Long Beach Apartment with Bungalow

      Two-building complex with units, house, and garages in Long Beach.
      744 Walnut Ave, Long Beach, CA 90813
      View Details
    • $850,000
      1,360 SF

      Charming Duplex in North Long Beach

      Renovated duplex with bonus room and growth opportunity.
      1430 E Michelson St, Long Beach, CA 90805
      View Details
    • $2,099,000
      3,592 SF

      Belmont Heights Multifamily Opportunity

      Five-unit multifamily property near the ocean and 2nd Street.
      207 Mira Mar Ave, Long Beach, CA 90803
      View Details
    • $350,000
      1,020 SF

      Thriving Coffee and Sandwich Business

      Established coffee shop with loyal customers in high-traffic Long Beach.
      5203 Pacific Coast Hwy, Long Beach, CA 90804
      View Details

    FAQs

    What type of property is this?
    Single family property - Classic Spanish home in Long Beach with permitted ADU.
    Where is this single family property located?
    The property is located at 3755 Olive Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,465,000.
    What are key features of this property?
    This property features: - Permitted Accessory Dwelling Unit (ADU) with full kitchen and bath, ideal for office, nanny, or rental income.; - Prime location in highly desirable California Heights, close to Bixby.; - Extensively upgraded with new roof, insulation, paint, appliances, A/C, and solar panels.
    (562) 754-1333
    Request Owner's contact information
    3755 Olive Ave Long Beach, CA 90807
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3755 Olive Ave
    Long Beach, CA 90807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3755 Olive Ave Long Beach, CA 90807
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steven Nottingham
    Real Estate License ID: 01720641
    (562) 754-1333
    Learn more
    Google sign-in failed. Please try again or use another login method.