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5961 Olive Ave

Long Beach, CA 90805

3 bd 3 ba 1,647 sqft Built 1928 Lot 5,009 sqft single_family
Most recent sale
$880,000
Apr 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2022 Sold $880,000 MLS #RS22042820
Mar 12, 2022 Price changed $880,000 MLS #RS22042820
Mar 4, 2022 Listed $775,000 MLS #RS22042820
Jun 13, 2021 Listed for rent $3,495 AppfolioUnits
Jul 22, 2013 Sold $335,000 Public Record
Jun 12, 2013 Listing removed $325,000 CRMLS
Jun 2, 2013 Listed $325,000 MLS #PW13103523
Feb 29, 2000 Sold $154,000 Public Record
Jun 16, 1999 Sold $130,000 Public Record
Jan 3, 1994 Sold $134,900 Public Record
Apr 8, 1987 Sold $114,000 Public Record
Jul 28, 1986 Sold $106,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $191,017 $742,845 $933,862 $12,318
2024 $191,017 $742,845 $933,862 $11,777
2023 $183,600 $714,000 $897,600 $11,582
2022 $197,510 $252,399 $449,909 $5,669
2021 $193,638 $247,450 $441,088 $5,552
2020 $191,653 $244,913 $436,566 $5,536
2019 $187,896 $240,111 $428,007 $5,471
2018 $125,512 $235,403 $360,915 $4,549
2017 $123,051 $230,788 $353,839 $4,499
2016 $120,639 $226,263 $346,902 $4,183
2015 $118,827 $222,865 $341,692 $4,015
2014 $116,500 $218,500 $335,000 $3,988
2013 $87,365 $104,838 $192,203 $2,381
2012 $85,652 $102,783 $188,435 $2,418
2010 $83,346 $100,015 $183,361 $2,296
2009 $83,544 $100,253 $183,797 $2,279
2008 $81,906 $98,288 $180,194 $2,125
2007 $80,300 $96,361 $176,661 $2,067

Property facts

Year built
1928
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,647 sqft
Lot size
5,009 sqft
ZIP code
90805
City
Long Beach
Street
Olive Ave
Coordinates
33.86302, -118.18330

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,270
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 5961 Olive Ave last sell?
5961 Olive Ave most recently sold on Apr 20, 2022 for $880,000.
What is the current tax assessment for 5961 Olive Ave?
The most recent total assessment for 5961 Olive Ave (year 2025) is $933,862 with $12,318 in property tax.
How does 5961 Olive Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $880,000.
When was 5961 Olive Ave built?
5961 Olive Ave was built in 1928.
How does 5961 Olive Ave compare to others on Olive Ave?
We track 8 other properties on Olive Ave. Browse the list under "Other properties on Olive Ave" to compare beds, baths, and sale history.
What are the property facts for 5961 Olive Ave?
5961 Olive Ave is a 3 bed, 3 bath, 1,647 sqft, 5,009 sqft lot single_family.
Is 5961 Olive Ave a flip candidate?
No — 5961 Olive Ave does not appear in our flips dataset.
Is 5961 Olive Ave a tax-appeal candidate?
No — 5961 Olive Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.5%
2026 Q3
$1.11M
2026 Q4
$1.16M
ZIP 90805 — Median Price History + Forecast

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