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$ 998,800
Est. payment | /mo
5 Beds
2,048 SqFt
$ 998,800
Est. payment | /mo
5 Beds
2,048 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $487
MLS Listing ID CROC25154546
Bedrooms 5
HOA Y/N No
Year Built 1948
Lot Size 5,370 Sqft
Acres 0.12
Property Sub-Type Triplex
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
Zoning LBR3
Interior
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Front Yard
Total Parking Spaces 3
Building
Lot Description Front Yard, Paved
New Construction No
Others
Tax ID 7266015012
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Listed by Bijan Favakehi • Bijan Favakehi, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "