2173 Olive
Long Beach, CA, 90806
$675,000
MLS: MB26067438
Beds
3
Baths
1
Sq Ft
1,084
Lot
0.12 ac
Year Built
1919
MLS #
MB26067438
Days on Market
6
Listed
Mar 29, 2026
Description
First Time on the Market: Long Beach Opportunity with ADU Potential in Prime 90806 Location. Now available in the heart of Long Beach! Offered for the first time in years, 2173 Olive Ave presents a rare chance to own a 3-bedroom, 1-bath single-family home in an established neighborhood with strong upside potential. Offering approximately 1,084 sq ft of living space and situated on a lot of approximately 5,251 Sq Ft, this property provides a functional layout with ample outdoor space and future potential. Situated on a lot with a detached 2-car garage and alley access, this property offers excellent ADU potential (buyer to verify) ideal for those looking to create additional living space, rental income, or a multi-generational setup. This home is being sold as-is and is perfect for investors, renovators, or buyers ready to bring their vision to life. With a functional layout and generous outdoor space, the possibilities are endless—fix and flip, add value, or customize to your needs. Exterior photos only at this time. Located near major freeways, local amenities, and just minutes from Downtown Long Beach, this property is well positioned for long term growth and investment potential. Properties with this combination of location, lot utility, and ADU potential are in high demand. Don’t miss your opportunity, call me today and book your private tour.
Location
Long Beach, Los Angeles County, CA 90806
Open on Google Maps ↗Listed by: XIO SANDOVAL · ehomes
Payment estimate
$4,989
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500
- Principal & Interest
- $3,733
- Property tax (1.25%)
- $703
- Homeowners insurance
- $300
- Mortgage insurance
- $253
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $23,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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