4470 Olive Ave, Long Beach, CA 90807

6 beds4 baths4,730 sqft

Sold: $1,140,000
Sold on 10/24/13
Zestimate®: $1,425,233
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My Notes

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This majestic estate is symbolic of Old World charm and sophistication with subtle acknowledgements to the area's Spanish heritage!! Step back into history as you explore the Spanish tile foyer, sweeping staircase, magnificent parlor with crackling fireplace, enchanted sunroom, elegant and massive formal dining room. Cozy breakfast area, main floor guest bedroom & bath and a custom wood paneled library. Upstairs greets you with four spacious bedrooms, huge master suite and 2 tiled baths! Descend into an original 'Speakeasy' in the basement. If only these walls could talk! Breathtaking landscaped gardens that burst with vibrant colors and a surprise hideaway with wood burning stove, grill & fireplace!! The spacious & sunlit apartment or Artist Retreat has it's own 'Secret Garden'. Don't miss the 3 car garage with laundry room & potting room. This home has three fireplaces, one in the living room, one in the 'Speakeasy' basement and one in the outside 'Hideaway'. This property is poetry in motion and serves as a blank canvas for designers, artists, interior decorators or someone who desires a segment of history! Please enjoy this experience!  More Less 

Facts

  • Lot: 0.38 acres
  • Single Family
  • Built in 1935
  • Cooling: None
  • Heating: Other
  • Last sold: Oct 2013 for $1,140,000
  • Price/sqft: $241

Features

  • Flooring: Hardwood
  • Parking: Garage - Detached, 3 spaces

    Appliances Included

    • Dishwasher
    • Garbage disposal

    Room Types

    • Workshop

    Construction

    • Roof type: Tile
    • # Stories: 3.0
    • Structure type: Spanish
    • Unit count: 2

    Other

    • Floor size: 4,730 sqft
    • Parcel #: 7135035010
    • Zillow Home ID: 21158607

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $1,425,233
    +$5,681 Last 30 days
    $1.14M
    $1.58M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $3,746/mo
    +$543 Last 30 days
    $2.0K
    $6.2K
    Zestimate range
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    $XXX,XXX
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    2,689 all-time views
    of this home (chart)
    542 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $715-930K.

    $620K
    $1.02M

    Home Expenses

    Internet, phone and TV
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    Neighborhood

    Market guide

    Zillow predicts Bixby Knolls home values will increase 0.5% next year, compared to a 0.9% increase for Long Beach as a whole. Among Bixby Knolls homes, this home is valued 93.7% more than the midpoint (median) home, but is valued 30.5% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Bixby Knolls, the number of foreclosures waiting to be sold is 11.2% less than in Long Beach, and 37.9% greater than the national average. This lower local number could help Bixby Knolls home values rise more quickly than other regions in Long Beach.

    Learn more about forecast calculations or Bixby Knolls home values.
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      Nearby Schools in Long Beach

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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