Property Details
About this Property
Trophy Spanish Fourplex in Coveted California Heights – Ideal Owner-User or Investment Opportunity! Rarely available, this beautifully maintained Spanish-style four-unit property is located in California Heights, one of Long Beach’s most sought-after neighborhoods. Set on a charming tree-lined street featuring historic homes, this is a true trophy asset offering timeless appeal, strong income, and exceptional lifestyle value. The property consists of four units—two 1-bedroom units and two studios. Three units are currently rented, and one is available for an owner-occupant, or can be rented for an investor looking to increase rental income. Once fully leased, the current gross scheduled income is $76,056 annually, with pro-forma potential of approximately $86,160 based on market rents. Additional features include three private garages and ample street parking. The location is unbeatable—just 2–3 blocks from award-winning Blue Ribbon schools (Longfellow Elementary and Hughes Middle School) and within walking distance to the vibrant shops, restaurants, and cafes of Bixby Knolls. This is a rare opportunity to own a character-rich, income-producing property in a premier neighborhood with long-term upside and undeniable charm.
MLS Listing Information
MLS #
CRPW26022511
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Appliances
Oven Range - Gas
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Tile
Pool
None
Style
Spanish
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3581 Olive Ave is a Residential Income in Long Beach, CA 90807. This – square foot property sits on a 4,482 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1930. This address can also be written as 3581 Olive Ave, Long Beach, CA 90807.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of February 04, 2026. For the most current information, please contact Timothy Majka
