Listing provided courtesy of Timothy Majka of Keller Williams Coastal Prop.. Last updated 2026-02-06 09:11:23.000000. Listing information © 2025 Sandicor.
Asking Price: $1,095,000 |
3581 Olive, Long Beach CA 90807
Community: 6 - Bixby, Bixby Knolls, Los Cerritos
This Quadruplex property was built in 1930 and is priced at $1,095,000. Please see the additional details below.
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.



















