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$ 898,000
Est. payment | /mo
5 Beds
3 Baths
$ 898,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25154546
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
494 Almond Avenue is ideally situated in the desirable North Alamitos Beach neighborhood of Long Beach. This multifamily property consists of three (3) units, including a spacious three-bedroom, one-bath unit and two (2) one-bedroom, one-bath units. It also features three (3) private garagesan exceptional amenity in this highly parking-constrained area. One unit has been recently remodeled with permitted upgrades including new flooring, kitchen, bathroom, paint, and electrical systems. Each unit is separately metered for gas and electricity, helping to reduce operating costs for the future owner. The property offers strong potential for added value, including the possibility of converting the garages into Accessory Dwelling Units (ADUs) or adding new constructionbuyer to verify development feasibility with the city. Located just a few blocks from the beach, the property is also conveniently close to Retro Row and its vibrant mix of restaurants, shops, and entertainment venues. Note: The property is being sold as-is and may require updates or repairs. Buyer is responsible for verifying all permits, zoning regulations, and unit configurations. All units will be delivered tenant-occupied.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction 7th Street and Almond
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7266015012
Listed by Bijan Favakehi Bijan Favakehi, Broker