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420 Almond Avenue, Long Beach, CA 90802

Property

420 Almond Avenue, Long Beach, CA 90802 Sold May 2024 CRMLS
$2,125,000Sold May 2024

Listing Agent: Robert Stepp (DRE #01456379) · Listing Office: Keller Williams - Santa Monica · Contact: 310-482-2200 · Bought with: Robert Stepp · Keller Williams - Santa Monica · MLS #PW23227566 · Source: CRMLS

6,772 sqft
Lot Size
1972
Year Built
Property
Type
2
Stories
6
Garage

About this property

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.

Listing description from the May 2024 sale, as reported to CRMLS.

Sale history

$2,125,000
Sold May 2024 · listed $2,300,000, orig. $2,450,000, on market December 2023 · MLS #PW23227566 · Source: CRMLS
Listing Agent: Robert Stepp · Listing Office: Keller Williams - Santa Monica · Contact: 310-482-2200 · Bought with: Robert Stepp · Keller Williams - Santa Monica
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