736-744 Olive Avenue
Description
- Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916
Property Details for 736-744 Olive Avenue
Property Details for 736-744 Olive Avenue
| Status | Active |
|---|---|
| MLS # | PW23229182 |
| Days on Market | 362 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1927 |
| Lot Size | 0.29 AC / 12,509 SF |
| County | Los Angeles County |
Building Information for 736-744 Olive Avenue
Property Information for 736-744 Olive Avenue
- Gross Income: $310,116
- Gross Scheduled Income: $319,707
- Net Operating Income: $221,589
- Gross Multiplier: 11.56
- Cap Rate: 6.0
- Operating Expense: $88,527
- New Taxes Expense: $45,916
- Gardener Expense: $620
- Fuel Expense: $1,825
- Licenses Expense: $1,500
- Pest Control Expense: $990
- Electric Expense: $1,825
- Insurance Expense: $7,797
- Maintenance Expense: $8,400
- Professional Management Expense: $12,405
- Other Expense: $3,600
- Other Expense Description: Reserves
- Trash Expense: $1,825
- Water Sewer Expense: $1,825
- Total Expenses: $88,527
- Tax Block: 6
- Tax Tract Number: 5763
- Tax Census Tract: 5763.02
- Tax Lot: 6
- Community Features: Sidewalks
- Laundry: Yes
- Laundry Features: Individual Room
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Additional Parcels Description: 7274020036
- Lot Features: 11-15 Units/Acre
- Number Of Units: 12
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 8
- Uncovered Spaces: 8
- Open Other Spaces Total: 8
- Parking Garage Spaces: 8
- Carport Spaces: 0
- Builders Tract Name: Alamitos Beach
- Builders Tract Code: Alamitos Beach (AB)
- Unit Type Units Total: 1
- Unit Type Beds Total: 5
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,595
- Unit Type Total Rent: $2,595
- Unit Type Pro Forma: 3500
- Unit Type Type: 1
- Unit Type Units Total: 9
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,358
- Unit Type Total Rent: $21,222
- Unit Type Pro Forma: 2620
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,355
- Unit Type Total Rent: $2,710
- Unit Type Pro Forma: 1500
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 4
- Number Of Separate Electric Meters: 12
- Number Of Separate Gas Meters: 12
- Number Of Separate Water Meters: 1
Property History for 736-744 Olive Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 736-744 Olive Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Stevenson Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Downtown Long Beach
Neighborhoods
- Alamitos Beach
- Central Long Beach
- Craftsman Village Historic District
- Downtown Long Beach
- Eastside-Circle Area
- Franklin
- Hellman
- Jackson Park
- Los Angeles Harbor
- Lower Westside
- Magnolia District
- North Alamitos Beach
- Port of Long Beach
- Roosevelt-Linden Historic District
- Terminal Island
- Westside
- Westside South
- West Village
- Willmore City
- Wrigley Area
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams - Santa Monica, Robert Stepp, DRE #01456379
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.