1060 Olive, Long Beach, CA 90813

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1060 Olive,Long Beach, CA 90813
$5,400,000
  • - Beds
  • - Baths
  • 12,270 sq. ft.
  • Multi-family
  • Active
Listed by: robert stepp
Office: keller williams realty downey562-334-1500
MLS#:PW26120925
Source:CRMLS

Price summary

  • Price:$5,400,000
  • Price per sq. ft.:$440.1

About this home

PROPERTY OVERVIEW - 1980'S CONSTRUCTION. Built in 1985, Ten60 Olive Avenue is a well-maintained 16-unit multifamily asset with strong curb appeal, located in Long Beach, California. The property features all 2-bedroom / 1-bath units with ample natural light. Amenities include on-site laundry facilities and secured underground parking with 24 parking spaces. $650K IN CAPITAL IMPROVEMENTS. Ownership has invested approximately $650K in recent capital improvements, significantly reducing near-term capital requirements and enhancing overall asset stability. Improvements include: high-end interior renovations on 11 of the 16 units, double-pane windows installed throughout all units, new railings and exterior enhancements, controlled access gates, building-wide security camera system, newly sealed roof in 2024, and upgraded fire panel system. ADDITIONAL INCOME & VALUE-ADD POTENTIAL. The property offers both in-place supplemental income and identifiable opportunities to further increase...

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Home facts

  • Year built:1985
  • Subdivision & Development:Cambodia Town
  • Listing ID #:PW26120925
  • Added:70 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Living area:12,270 sq. ft.

Structure and exterior

  • Year built:1985
  • Building area:12,270 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,400,000
  • Price per sq. ft.:$440.1

Parking

  • Total parking spaces:24
  • Parking description:24 Carport Space(s)
  • Carport spaces:24
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