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Closed
- Listed price
- $1,250,000
- Listed Aug 19, 2020
- Sold price
- $1,060,000
- Sold Oct 9, 2020
2,782 sqft lot|1925 Built|13 days listed
417 Olive Ave, Long Beach, CA 90802
Property Description
We are pleased to present this Investment Opportunity to own a Mixed-Use building Located within the East Village Arts District that hasn't been on the market in over 30 years. Built in 1925 this property was seismically retrofitted in 1992 and originally built with Four(4), One (1) bedroom apartment units above One (1) commercial ground floor unit. Full market rents can be obtained without paying any relocation fees. Great opportunity to convert to 5 individual gas and electrical meters. Lots of natural light through the many windows and multiple access points through the upper and lower walkways. This is an investor opportunity to acquire, add value with true upside in one of the most desirable areas in Downtown Long Beach. Could also use this opportunity to reconfigure units to create a better unit mix. New wood flooring installed less than 5 years ago.
Listing agent: Vincent SanchezDRE #01341646vsanchez@applebycommercialre.com, Listing office: Appleby Commercial Real Estate
MLS data updated 10/21/2026, 9:16:34 PM PT
Source: CRMLSMLS #: PW20168962
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,060,000
Oct 9, 2020
Available records22020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90802 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90802 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.