Check Availability
$645,000
↓ $30K (4.4%)
● House - For Sale

523 Olive

Long Beach, CA 90802
bedrooms
1 Bed
bathrooms
1 Bath
square feet
556 Ft²
$3,168
Est. Monthly

About This Property

Charming, detached craftsman in the heart of downtown Long Beach with a private outdoor space, parking and NO HOA! Tucked behind a fully fenced perimeter, this stand-alone home offers the rare combination of privacy, character, and an unbeatable location. Step through the gate and discover a lush, peaceful setting that feels like your very own secret garden, a tranquil escape from the excitement just beyond your doorstep. Unlike many downtown properties, this home has no HOA, meaning no monthly dues, no HOA rules, and no pet restrictions. Enjoy the freedom of owning a detached craftsman home with your own private outdoor space, perfect for relaxing, entertaining, gardening, Parking or giving your four-legged family members room to roam. The home is a 1 bedroom with a separate bonus room with built-in cabinet/shelves (could be an office/nursery, guest space or den).  The home has lots of timeless character, with natural light and a stylish updated kitchen with a unique granite countertop and backsplash, stainless steel appliances, newer lower cabinets, modern floating shelves gas stove, dishwasher, single undermount stainless sink and refrigerator all included. The updated modern bathroom has hexagon tile floors, large glass enclosed subway tiled shower and walls, and a rainfall shower head with a detached spray wand. Other features include dual-pane windows tented for heat rejection, hardwood floors, and custom lighting. Central A/C & heat. The bedroom features a large walk-in closet with built-in cabinets, & custom hanging fixtures with a built-in desk as well. Separate inside laundry room with a full-sized stackable washer and dryer. Located in the vibrant heart of the East Village Arts District, you'll be just moments from an incredible selection of restaurants, coffee shops, nightlife, entertainment, The Pike, Shoreline Village, the waterfront, beaches, public transportation, and so much more.  With its desirable location, private setting, and detached design, this home also presents an excellent opportunity as a potential short-term or Airbnb rental.  Don't miss this rare opportunity to own a hidden gem where privacy, charm, and city living come together in one unforgettable property.
Unit Size
556 Ft²
Days on Market
70 days
Land Size
0.03 acres
Price per sqft
$1,160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912

Payment Calculator

Cap Rate Calculator

Last updated: 15 days ago (CRMLS #PW26174923)

Price History

Date / Event Date Event Price
Aug 30, 2026 Price Decreased $645,000
↓ $30K (4.4%)
Price Decreased
Aug 10, 2026 Listed by WGroup Realtors $675,000
Listed by WGroup Realtors
May 1, 2018 Sold
Sold
Mar 27, 2018 Listed by First Team Real Estate $349,000
Listed by First Team Real Estate
If you have been looking for a condo Stop !! Check out this adorable 1912 Craftsman located in the East Village area featuring a beautiful remodeled kitchen with natural wood cabinets, Leather Granite counter tops, Tiled floor, Bar top counter, custom lighting plus stove, microwave, refrigerator included. Open living room with lots of light & flat screen ready. Large formal dining room with classic built-in cabinets. Nice size bedroom with walk-in closet. Remodeled 3/4 bath with tiled stall shower. Refinished original wood floors thru-out. Inside laundry room with washer & dryer included. Fresh interior paint. Central Heating & A/C. Double pane windows. Plumbing supply lines and drain lines replaced. Large private front court yard with parking options (Large Sliding Gate) Close to Saint Anthony Church & School, Bus lines, Shopping & Eateries.

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Concrete, Driveway, Gated, On Site, OneSpace, Uncovered
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Built-in Features, Granite Counters, See Remarks, Walk-In Closet(s), AllBedroomsDown, BedroomOnMainLevel
Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater, Dryer, Washer
Flooring Type: Tile, Wood
Laundry Features: Inside
Fireplace Features: None
Exterior Details
Square Footage: 556
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Updated/Remodeled, Turnkey
Architectural Style: Craftsman
Year Built Source: Assessor
Year Built: 1912
Levels: One
Window Features: Double Pane Windows, Tinted Windows
Patio and Porch Features: Covered, Patio
Pool Features: None
Lot Features: Corner Lot, Level
Lot Size Area: 1473
Lot Size Units: Square Feet
Lot Size Acres: 0.0338
Lot Size Square Feet: 1473
Tax Lot: 13
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SewerTapPaid

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,473
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 290
  • Total Building Area: 556
  • Building Area: 556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWNSITE OF LONG BEACH
  • Land Acres: 0000000034
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: RESUB OF BLK 50 OF THE TOWNSITE OF LONG BEACH W 29.17 FT OF LOTS 13 AND 15

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576200

Zoning

  • Zoning: LBPD30

Geography

  • Parcel: 7281-003-023
  • Block: 50
  • Lot: 13,15
  • Municipality: SOUTH /LB/DOWNTOWN
  • Latitude: 33.7735
  • Longitude: -118.183

    Address

  • Full Address: 523 Olive Ave
  • Address - House Number: 523
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2652
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $552,024
  • Tax Rate Code Area: 11-933

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 769,813
  • High Value: 950,377
  • Low Value: 589,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,775
  • Assessed Land Value: $366,220
  • Assessed Improvements Value: $91,555

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 154278
  • Previous Sale Recording Date: Sep 16, 2020
  • Previous Sale Contract Date: Aug 24, 2020
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downtown Long Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 736 Redonde Avenue, LONG BEACH, CA, 90804

$6,495 /mo

  • 4 Beds
  • 2 Baths
  • 1,530 ft²
736 Redonde Avenue #736, LONG BEACH, CA, 90804 Listing by Rajdeep Singh
Unit for rent at 1982 Olive Avenue, LONG BEACH, CA, 90806

$7,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,170 ft²
1982 Olive Avenue, LONG BEACH, CA, 90806 Listing by Emily Meza
Unit for rent at 850 E Ocean Boulevard, LONG BEACH, CA, 90802

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,032 ft²
850 E Ocean Boulevard #B3, LONG BEACH, CA, 90802 Listing by Linda Thomas


Frequently Asked Questions

When was property at 523 Olive Avenue built and last sold?
The property at 523 Olive Avenue was built in 1912 and last sold on Mar 3, 2023 for $602,000.
How much is this home worth?
The estimated value of the home located at 523 Olive Avenue is $634,816.
What are some comparable homes to 523 Olive Avenue?
There are currently no comparable homes to 523 Olive Avenue.