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1941 Olive Ave, Long Beach, CA, 90806
Turnkey 4-Unit Residential Income

1941 Olive Ave Long Beach, CA 90806

For Sale
$1,195,000

Turnkey renovated four-unit property with remodeled kitchens, remodeled bathrooms, and four enclosed detached garages.

Days on Market88

Property Features for 1941 Olive Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1920
Listing Agency: Christal Churchwell
Listed By: Eric Lem · License #01988183
Source: Elliman
Added: Apr 29 Changed: Jul 20 Last Checked: Jul 23 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christal Churchwell


Investment Insights

Based on property information with market context.

Built in 1920, this turnkey four-unit residential income property is arranged across three separate buildings and totals 2,554 rentable square feet. The property has been comprehensively renovated, including all-new plumbing, permitted electrical, new windows and doors, upgraded flooring, and fresh interior and exterior paint. Each unit features fully remodeled kitchens and bathrooms with new cabinetry, granite countertops, and stainless steel appliances.

The unit mix includes one 3-bedroom, 1-bath standalone home and three 1-bedroom, 1-bath units, including another standalone unit. Exterior and site improvements include a brand-new vinyl fence for added privacy and four detached enclosed garage spaces. A standalone coin-operated laundry room is also included.

The property sits on a 6,550 SF lot with off-street parking and is positioned for convenient access to the 405 and 710 freeways, with strong walk and transit scores reported. This is offered for sale as a stabilized, income-producing asset with no reported deferred maintenance.

Key Highlights

  • Built in 1920, this renovated 4‑unit property totals 2,554 rentable SF across three buildings on a 6,550 SF lot.
  • Unit interiors have comprehensive upgrades including all‑new plumbing, permitted electrical, new windows and doors, updated flooring, and fresh interior and exterior paint.
  • Each unit features remodeled kitchens and bathrooms with new cabinetry, granite countertops, and stainless steel appliances.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Restaurant Travel Agency

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

FAQs

What type of property is this?
Quadplex - Turnkey renovated four-unit property with remodeled kitchens, remodeled bathrooms, and four enclosed detached garages.
Where is this quadplex located?
The property is located at 1941 Olive Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Built in 1920, this renovated 4‑unit property totals 2,554 rentable SF across three buildings on a 6,550 SF lot.; Unit interiors have comprehensive upgrades including all‑new plumbing, permitted electrical, new windows and doors, updated flooring, and fresh interior and exterior paint.; Each unit features remodeled kitchens and bathrooms with new cabinetry, granite countertops, and stainless steel appliances.
More about this property
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