523 Olive, Long Beach, CA 90802
523 Olive, Long Beach, CA 90802
Property 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.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Long Beach · Single Family Residence
Listed 30.8% above the median closed sale of $493,000. Price per sqft ($1,160) is a 17% premium to closed comps ($995).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1819 Cerritos Avenue | Long Beach | 1924 | 1 | 1 | 516 | 1,602 | $1,025 | $529,000 | 8 | 90 |
| 1911 Locust | Long Beach | 1925 | 1 | 1 | 528 | 2,251 | $871 | $460,000 | 79 | 89 |
| 1045 New York | Long Beach | 1922 | 1 | 1 | 649 | 1,856 | $847 | $550,000 | 43 | 86 |
| 125 68th Way | Long Beach | 1924 | 1 | 1 | 558 | 2,885 | $984 | $549,000 | 70 | 84 |
| 1372 Grand Avenue | Long Beach | 1993 | 1 | 1 | 500 | 905 | $1,338 | $669,000 | 157 | 81 |
| Total: 5 · Average | 1.0 | 1.0 | 550.2 | 1,899.8 | $1,013 | $551,400 | 71.4 | |||
| Median | 528 | $549,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2324 14th | Long Beach | 1923 | 08/31/2026 | 2 | 1 | 568 | 1,136 | $489,900 | $493,000 | $868 | 1.01 | 123 | 89 |
| 329 Eliot | Long Beach | 1923 | 09/16/2026 | 1 | 1 | 557 | 2,520 | $765,000 | $779,000 | $1,399 | 1.02 | 71 | 89 |
| 2320 Locust | Long Beach | 1921 | 09/11/2026 | 2 | 1 | 680 | 1,512 | $485,000 | $460,000 | $676 | 0.95 | 210 | 85 |
| 1335 Termino Avenue | Long Beach | 1923 | 10/01/2026 | 2 | 1 | 512 | 2,516 | $480,000 | $460,000 | $898 | 0.96 | 42 | 82 |
| 336 Eliot Lane | Long Beach | 1923 | 07/23/2026 | 1 | 1 | 649 | 2,523 | $749,000 | $735,000 | $1,133 | 0.98 | 27 | 82 |
| Total: 5 · Average | 1.6 | 1.0 | 593.2 | 2,041.4 | $585,400 | $585,400 | $994.8 | — | 94.6 | ||||
| Median | 568 | $493,000 | $493,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.