$2,300,000
420 Almond Avenue, Long Beach 90802
3
Beds
3
Baths
6,772
Lot Size
9
# Of Units
Listing Agent
Robert Stepp - Keller Williams - Santa Monica420 Almond Avenue is a 9-unit apartment asset located in Long Beach, California. The property is offered at 11.90 GRM and 5.56% cap rate on current rents. The property is comprised of (7) 1BD / 1BA units and (2) 2BD / 2BA units. Six (6) garages offer the potential for ADU conversion. Eight of the nine units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathrooms, and modern fixtures and features throughout. Renovated units offer in-unit washers and dryers. The property is located withing walking distance to popular 4th Street/Retro Row shopping and dining amenities.
Facts & Features
| MLS® # | PW23227566 |
|---|---|
| Price | $2,300,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Lot Size | 6,772 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Pending |
| # Of Units | 9 |
Community Information
| Address | 420 Almond Avenue |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| Subdivision | Alamitos Beach (AB) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90802 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 6 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | 6-10 Units/Acre |
|---|
Additional Information
| Date Listed | December 18th, 2023 |
|---|---|
| Days on Market | 87 |
| Zoning | LBR3T |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Robert Stepp |
|---|---|
| Office | Keller Williams - Santa Monica |