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420 Almond Avenue

Long Beach, CA 90802

– beds
– baths
– sqft
6,772 sqft lot
1972 build
– on site

More homes

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.

Listed By CRMLS_CA / Robert Stepp / Keller Williams - Santa Monica

Last checked: Checking… • Last updated May 30, 2024 •

MLS# PW23227566 —

The Building

Year Built:

1972
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

5392.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

9
Stories Total:

2
# of Separate Gas Meters:

9
# of Separate Water Meters:

1
# of Separate Electric Meters:

9

Interior

Levels:

Two
Entry Location:

1
Laundry:

Inside
Laundry:

1

Location

Directions:

E 4th St
Latitude:

33.77213500
Longitude:

-118.17438500

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LBR3T
Lot Features:

6-10 Units/Acre
Lot Size Area:

6772.0000
Lot Size Acres:

0.1555
Lot Size SqFt:

6772.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5765.02
Tax Tract:

5765
Tax Lot:

21

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7266015022

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Alamitos Beach (AB)
Subdivision:

Alamitos Beach (AB)
Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/24/24 May 24, 2024	Sold	CRMLS_CA	$2,125,000	-7.6%
4/8/24 Apr 8, 2024	Pending	CRMLS_CA	$2,300,000
3/28/24 Mar 28, 2024	Price Changed	CRMLS_CA	$2,300,000	-4.0%

Multifamily Sold on 5/24/2024

$2,125,000

Listing provided by broker:

Robert Stepp

Keller Williams - Santa Monica

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Listing Courtesy of: CRMLS_CA and Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of 10:16 on Nov 19.

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, 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.

420 Almond Avenue

Long Beach, CA 90802