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ActiveSingleFamilyResidence

523 Olive

Long Beach, CA, 90802

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$645,000

Original list price: $675,000

MLS: PW26174923

Beds

1

Baths

1

Sq Ft

556

Lot

0.03 ac

Year Built

1912

MLS #

PW26174923

Days on Market

68

Listed

Aug 11, 2026

Description

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.

Location

Long Beach, Los Angeles County, CA 90802

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Listed by: Cassidy Tutt · WGroup Realtors

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

$5,233

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $64,500 · Loan: $580,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,019
Property tax (1.25%)
$672
Homeowners insurance
$300
Mortgage insurance
$242
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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 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

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 $22,575 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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Active and pending listings in ZIP 90802 (Long Beach)within ±10% of this home's price and size.

Local Market Stats

See Long Beach, CA 90802 market trends →

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.