tomo logo

$849,000

Beds
4
Baths
3.0
sq ft
1,740

2225 Olive Ave, Long Beach, CA 90806

2225 Olive Ave

Long Beach, CA 90806

  • <1 day on market
    • Open house Mar 13
Spacious 2-Story Home – The Biggest on the Block! Live in or rent out this huge 4-bedroom, 3-bathroom single-family home—the largest home on the block! It offers a flexible layout with bedrooms both upstairs and downstairs. The top-floor master suite features a private balcony with stunning city views, perfect for relaxing. The downstairs bathroom was beautifully remodeled in 2024 for added comfort. Enjoy the expansive front and backyard, providing ample space for outdoor entertaining. The detached garage offers exciting ADU potential, while still leaving plenty of room for parking. Plus, benefit from paid-off solar panels for energy savings! Most importantly, the city-approved foundation has been fully replaced, ensuring peace of mind. Don’t miss this incredible opportunity—schedule your showing today! Ask about financing options, homebuyer grants, and down payment assistance programs!

Details

Property type

Single Family Residence

Est. home value

$732,735

Lot size

5,235 sq ft

Price per sq ft

$488

Year built

1914

HOA

No

Price History

03/12/2025
CRMLS

CRMLS #PW25038704

Listed
$849,000
+30.62%
11/10/2022
CRMLS

CRMLS #PW22206616

Sold
$650,000

Schools & Community

Neighborhood: 

Poly High District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Polytechnic

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Long Beach Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$172,697
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$608,383
Cash to seller
$172,697

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2022

Original loan amount

$628,306

Est. remaining balance

$608,383

Interest rate

5.66%

Loan type

FHA, 30 year

Seller

Megan Mcguiness Kerr and Andrew Jefferson Kerr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 1:15 PM

Listing updated: 03/12/2025 at 5:55 AM

Listed by: Gloria Bradley, Gloria Bradley, Vylla Home, Inc.Vylla Home, Inc. Phone #: (562) 480-9884

MLS: CRMLS #PW25038704

CRMLS logo

Recently listed in Long Beach

$849,000|4 bd|3.0 ba|House
$1,299,000|3 bd|2.5 ba|House
$750,000|4 bd|2.0 ba|House

Explore top cities in California