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Listed by Bijan Favakehi • Bijan Favakehi, Broker
$ 998,800
Est. payment | /mo
5,370 Sqft Lot
$ 998,800
Est. payment | /mo
5,370 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CROC25154546
Year Built 1948
Lot Size 5,370 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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 garages-an 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 construction-buyer 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
Area 4 - Downtown Area, Alamitos Beach
Interior
Heating Wall Furnace
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Garage Spaces 3.0
Pool None
Building
Lot Description Paved
Story Split Level
Water District - Public
Others
Tax ID 7266015012
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884