See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1972 Olive Ave, Long Beach, CA, 90806

6beds
4baths
2,132sqft
$1,200,000
$563price/sqft
$8,233/moest. monthly cost
$329,320/yrincome needed

About This Home

Exceptional multi-unit opportunity located at 1972 Olive Avenue in the Central Long Beach / Poly High District area, just north of Downtown Long Beach. This community has a mix of historic character, urban convenience, and steady investment growth—making it appealing for both homeowners and investors. Recently remodeled duplex and new construction Jr ADU's. Each main unit offers 2 bedroom / 1 bathroom with abundant natural light, cozy living area. With it's own private entrance, each ADU offers 1bedroom / 1 bath with a kitchenette making it perfect for rental income, guests, or extended family. Situated on a generous lot, the property includes plenty of private parking. Conveniently located near local schools, shopping, dining, and easy freeway access, this property combines versatility with strong income potential. Don’t miss this rare opportunity to own a flexible, income-producing property in a rapidly growing area of Long Beach.

Getting Around

82
WalkingVery Walkable
60
TransitGood Transit
76
BikeVery Bikeable

Schools

4/10
3/10
Jessie Nelson Academy Grades 6-80.8 mi
7/10
Polytechnic High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1929

Materials

  • Foundation: Slab
  • Roof: Clay,Other
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Gas Water Heater,Microwave,Vented Exhaust Fan
  • Laundry features: In Garage

Bathroom

  • Features: Bathroom Exhaust Fan,Separate Shower,Walk-In Shower

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 2
  • Main level bedrooms: 6

Features

  • Eat-in Kitchen,Granite Counters,All Bedrooms Down
  • Window features: Blinds
  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: None
  • Cooling features: ENERGY STAR Qualified Equipment,Zoned

Interior Area

  • Total interior livable area: 2,132 sqft

Kitchen

  • Features: Kitchen Island,Kitchenette

Property

Accessibility

  • Accessibility features: Parking

Details

  • Parcel number: 7210011005
  • Zoning: LBR1N
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Fencing: Chain Link,Wire
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 6,506 sqft
  • Features: Walkstreet

Parking

  • Total spaces: 7
  • Parking features: Assigned,Driveway,Garage,On Site,Paved,Private,Tandem
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$172$2,064
Property Taxes $1,537$18,444
Electricity $457$5,486
Total$8,233$98,796
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$282,274/yr
40% on housing$246,990/yr
45% on housing$219,546/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$563This listing

vs Other Active Listings

Avg $/sqft

ZIP 90806$439
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90806$600
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Price change$1,250,000
2026-03-22Listed for sale$1,300,000
1995-04-27Sold$101,500
1993-10-26Sold$166,000

For Sale by Agent

AgentJacqueline Smith
BrokerageFathom Realty Group, Inc.

Similar Homes