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ActiveSingleFamilyResidence

420 Olive

Long Beach, CA, 90802

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$739,000

Original list price: $795,000

MLS: OC26165621

Beds

2

Baths

2

Sq Ft

1,000

Lot

0.04 ac

Year Built

1911

MLS #

OC26165621

Days on Market

49

Listed

Sep 16, 2026

Description

1911 Bungalow • Extensive Renovation • 2 Bedrooms / 2 Bathrooms • East Village Arts District • Downtown Long Beach • Near Alamitos Beach Located at 420 Olive Ave in Long Beach, this beautifully revived 1911 bungalow blends the character of a classic Long Beach home with the modern systems and finishes buyers want today. Offering approximately 1,000 sq ft with 2 bedrooms and 2 bathrooms, the home was taken down to the studs and thoughtfully reimagined from top to bottom. The open-concept living space flows into a custom kitchen with quartz countertops, center island with seating, new cabinetry, and modern finishes, creating a comfortable gathering space for everyday living and entertaining. Seamless flooring, new drywall, doors, trim, baseboards, interior and exterior paint, double-pane windows, and updated fixtures give the home a clean, cohesive feel while preserving its bungalow character. Both bathrooms have been completely renovated, including the addition of a second bathroom, adding functionality rarely found in homes of this era. Behind the finishes is an extensive list of major improvements, including a complete electrical re-wire with upgraded electrical panel, full-house re-pipe, updated drains and plumbing fixtures, ductless mini-split heating and air conditioning, new water heater, and double-pane windows. This is much more than a cosmetic remodel—the major systems have been thoughtfully addressed as part of the renovation. The location completes the package. Situated in the East Village Arts District of Downtown Long Beach and just over a half a mile from Alamitos Beach, the home is near the shoreline bike path, restaurants, coffee shops, local boutiques, galleries, Shoreline Village, The Pike Outlets, and Downtown Long Beach entertainment. A rare opportunity to own a fully re-imagined 1911 Long Beach bungalow with 2 bedrooms, 2 bathrooms, modern systems, historic character, and coastal Downtown Long Beach living.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Frank Magdaleno · BayBrook Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$5,880

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $73,900 · Loan: $665,100

%

Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,533
Property tax (1.25%)
$770
Homeowners insurance
$300
Mortgage insurance
$277
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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 Oct 29, 2026

30-year fixed
7.24%
15-year fixed
6.60%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $25,865 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.

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.