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 $87,360 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.
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 $87,360 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.
Property Details
Price:
$1,095,000
MLS #:
PW26022511
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
California Heights CH
Neighborhood:
6bixbybixbyknollsloscerritos
Listed Date:
Feb 3, 2026
Total Sq Ft:
1,808
Lot Size:
4,482 sqft / 0.10 acres (approx)
Year Built:
1930
See this Listing
Schools
Interior
Appliances
GR
Cooling
NO
Flooring
WOOD
Heating
WL
Laundry Features
NO
Exterior
Architectural Style
SPN
Community Features
SUB
Parking Spots
3
Roof
SPT
Financial
Map
Community
- Address3581 Olive AV Long Beach CA
- SubdivisionCalifornia Heights (CH)
- CityLong Beach
- CountyLos Angeles
- Zip Code90807
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Feb 16, 2026
661
Single Family Listed
57
Avg DOM
408
Avg $ / SqFt
$956,217
Avg List Price
Property Summary
- Located in the California Heights (CH) subdivision, 3581 Olive AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90807. It is listed for $1,095,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1930. The average price per square foot for Single Family listings in Long Beach is $408. The average listing price for Single Family in Long Beach is $956,217.
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3581 Olive AV
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