494 Almond ave, Long Beach, CA 90802
Active
$1,095,000
8%
3 Units
5 Beds
3 Baths
2,048 Area(sq.ft.)
Lot: 5,370 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1 | No | $ 2,500 | $ 2,500 | $ 2,500 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,050 | $ 2,050 | $ 2,050 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,844 | $ 1,844 | $ 1,844 |
| 3 | 5 | 3 | $ 6,394 | $ 6,394 | $ 6,394 |
| MLS #: | OC25095540MR |
| Days On Market: | 208 |
| Listing Date: | May 12, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 535 |
| Price per unit: | $ 365,000 |
| Year Built: | 1948 |
Property Details
494 Almond Avenue is well-located in the North Alamitos Beach submarket of Long Beach. The property offers three (3) units with a mix of one (1) three-bedroom / one-bath unit and two (2) one bedroom/ one-bath units, along with three (3) garages. One unit was recently remodeled with new flooring, kitchen, bathroom, paint, and electrical, all by permit. There is potential to build ADUs by converting garages and/or new construction - buyer to verify building allowances.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 26,854 |
| Net Operating Income: | $ 50,873 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LBR3T |
| Land Lease Type: | Fee |
Interior
| Heating: | Wall |
| Laundry: | Laundry Area |
| Laundry Equipment: | Lease |
| Laundry Income: | 2500.00 |
Exterior
| Pool: | No |
Detailed Map
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