Multifamily
1209 Olive Ave
1209 Olive Ave, Long Beach, CA 90813
Listing Price: $1,312,000
Investment Overview
Marcus & Millichap is pleased to present to market 1209 Olive Avenue, a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry.
1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91).
Current rents offer a new investor 13 percent rental upside.
1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.
1209 Olive Ave
Investment Highlights
- Six-unit property comprising a three-bed/two-bath home, a two-bed/one-bath home, and a fourplex with all one-bed/one-bath units
- Six-unit property comprising a three-bed/two-bath home, a two-bed/one-bath home, and a fourplex with all one-bed/one-bath units
- Property offers on-site laundry
- Located on the border of the Poly High and Cambodia Town neighborhoods walkable to grocery stores and retail (WalkScore: 91)
- Offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together
Exclusively Listed By
Listing Price: $1,312,000
Investment Highlights
- Six-unit property comprising a three-bed/two-bath home, a two-bed/one-bath home, and a fourplex with all one-bed/one-bath units
- Six-unit property comprising a three-bed/two-bath home, a two-bed/one-bath home, and a fourplex with all one-bed/one-bath units
- Property offers on-site laundry
- Located on the border of the Poly High and Cambodia Town neighborhoods walkable to grocery stores and retail (WalkScore: 91)
- Offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together
Investment Overview
Marcus & Millichap is pleased to present to market 1209 Olive Avenue, a six-unit multifamily investment property in Long Beach, California. This offering comprises a desirable mix of a three-bed/one-bath home in the front, a two-bed/one-bath home in the middle, and a rear two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity, and the property also offers shared on-site laundry. 1209 Olive Avenue is located on the border of the Poly High and Cambodia Town neighborhoods near the intersection of Anaheim Street and Atlantic Avenue and proximate to retail (WalkScore: 91). Current rents offer a new investor 13 percent rental upside. 1209 Olive Avenue is offered as part of a Long Beach portfolio sale along with 2032 Pine Avenue, an eight-unit complex, and 1151 Pacific Avenue, a fourplex. Properties available separately or together.
Exclusively Listed By
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