Under ContractSingleFamilyResidence

5336 Olive

Long Beach, CA, 90805

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$795,000

MLS: DW26068814

Beds

3

Baths

3

Sq Ft

1,300

Lot

0.12 ac

Year Built

1942

MLS #

DW26068814

Days on Market

12

Listed

Apr 1, 2026

Description

Stunning Remodeled Home with Studio Unit in Uptown Long Beach Welcome to this beautifully remodeled gem nestled in one of Uptown Long Beach's most sought-after neighborhoods. This charming 3-bedroom, 2-bath home has been thoughtfully upgraded with impeccable taste and attention to detail — truly too many features to list! The heart of the home is a large, open kitchen featuring granite countertops, updated cabinetry with soft-close drawers, recessed lighting, and a custom pantry designed for effortless organization. All stainless steel appliances are included — refrigerator, LG stove, microwave, and dishwasher. Rich hardwood floors flow throughout the home, complemented by elegant wainscoting, crown molding, and dual-pane vinyl windows that bathe every room in natural light. The generous master suite offers a spacious walk-in closet and a beautifully appointed en-suite bath with stone floors, an updated vanity, and stylish lighting. The second bedroom also features a large walk-in closet with abundant shelving. A gorgeous full hallway bathroom and a dedicated interior laundry room round out the main living space. Ceiling fans, central air, and heat ensure year-round comfort. Step outside and discover even more to love. The expansive lot offers a long driveway with potential RV parking, a 1-car garage, a storage shed, and a covered lanai — perfect for entertaining or relaxing outdoors. Tucked behind the garage is a self-contained studio unit complete with a 3/4 bath — a fantastic bonus space that works beautifully as a guest suite, rental income opportunity, home office, or private retreat. Whether you're looking to offset your mortgage or accommodate extended family, this versatile studio adds tremendous value to an already incredible property. This property is zoned R-2-N (Two-Family Residential), making it an incredible opportunity for investors and owner-occupants alike. This is a rare, move-in-ready property with incredible versatility, pride of ownership, and lasting curb appeal. A true jewel in Uptown Long Beach — don't miss it!

Location

Long Beach, Los Angeles County, CA 90805

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Listed by: Dennis Cid · Circle Real Estate

Payment estimate

$5,822

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $79,500 · Loan: $715,500

%
Principal & Interest
$4,396
Property tax (1.25%)
$828
Homeowners insurance
$300
Mortgage insurance
$298
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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 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 $27,825 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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