Long Beach, CA 90802 494 Almond Avenue

494 Almond Avenue Long Beach, CA - Image 1494 Almond Avenue Long Beach, CA - Image 2494 Almond Avenue Long Beach, CA - Image 3
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Presented By: Bijan Favakehi with Bijan Favakehi, Broker; 714-654-5626
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25154546
  • 07/10/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,048
  • Garage • 3

Home Details

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.
Presented By: Bijan Favakehi with Bijan Favakehi, Broker; 714-654-5626

Interior Features for 494 Almond Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level

General for 494 Almond Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
ContingencyNA
CountyLos Angeles
Directions7th Street and Almond
Entry LocationFront
Garage Spaces3.0
Garage Y/NYes
Gross Income76728.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCashToNewLoan
Lot Size Square Feet5370.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income50873.0
New ConstructionNo
Number Of Units Total3
Operating Expense25854.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameNA
Tax Lot1
Tenant PaysElectricity, Gas, TrashCollection, Telephone
Trash Expense0.0
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
Water Sewer Expense1800.0
Year Built1948
Year Built SourceAppraiser
ZoningLBR3T

Exterior for 494 Almond Avenue

Building Area Total2048.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Paved
Lot Size Acres0.1233
Lot Size Area5370.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $898,000
MLS#OC25154546
List Date 07/10/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
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