Long Beach, CA 90802,420 Almond AVE
Long Beach, CA 90802,420 Almond AVE
Long Beach, CA 90802,420 Almond AVE
19
$2,125,000
$2,300,000
7.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,392 SqFt

420 Almond AVE Long Beach, CA 90802

Est. payment /mo
SOLD DATE : 05/24/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,125,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 5,392 sqft

Price per Sqft $394

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW23227566

Sold Date 05/24/24

HOA Y/N No

Year Built 1972

Lot Size 6,773 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR3T

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Fireplace No

Laundry Inside

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7266015022

Energy Description 1128.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Robert Stepp • Keller Williams - Santa Monica
Bought with Robert Stepp • Keller Williams - Santa Monica

GET MORE INFORMATION

Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.