1060 Olive, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1985
  • Subdivision & Development:Cambodia Town
  • Listing ID #:PW26120925
  • Added:89 day(s) ago
  • Updated:August 28, 2026 at 02:40 PM

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

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:24
  • Parking description:24 Carport Space(s)
  • Carport spaces:24
Based on information from California Regional Multiple Listing Service, Inc. as of September 1, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 1060 Olive