Pending
420 Almond Avenue
Long Beach CA, 90802
$2,300,000
$426.56 per sqft
Pending
5,392 sqft
Multi-family
Built in 1972
Listed by Robert Stepp with Keller Williams - Santa Monica 310-482-2200
420 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.
PW23227566
MLSⓇ ID
December 18, 2023
Listed
April 8, 2024
Updated
Map
420 Almond Avenue
Long Beach CA, 90802
Interior Features
Total Stories
2
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
6-10 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
4 - Downtown Area, Alamitos Beach
Days on Market
87
Garage
Yes
Garage Spaces
6
Parking Total
6
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR3T
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/8/2024 | Pending | — |
3/28/2024 | Price Change | $2,300,000 -4% |
2/16/2024 | Price Change | $2,395,000 -3% |
Listing Contact: 310-482-2200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/8/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/8/2024 at 7:19 PM UTC