530 Almond Avenue,Long Beach, CA 90802
Long Beach, CA 90802
Description
Versatile and turn-key investment opportunity at 530 Almond Ave. This Long Beach DUPLEX has been thoughtfully updated and remodeled, offering a fresh, modern aesthetic across both units. Whether you're looking for a savvy addition to your portfolio or a property with built-in income potential, this one delivers. The property is currently performing well, with a front 3BD + 2BA house fully remodeled with a spacious and bright living room, dining area, renovated bathrooms and fully equipped kitchen with brand new LG appliances with fridge, stove, microwave, dishwasher and garbage disposal, as well as new countertops, new cabinets, new fixtures. Additional features include new recessed lighting, new vinyl flooring, covered one car garage, gated driveway with space for 3 cars, central AC on the front unit and a washer and dryer room in unit. All plumbing, electrical and HVAC systems have been upgraded. Relax outside and enjoy a large backyard area with new landscaping already occupied by tenants paying excellent rents, providing immediate cash flow from day one. The second unit is a 1BD + 1BA upstairs unit sitting above the garage on a separate building and remodeled with a mini split A/C unit. In addition to the two primary units, the property features a non-conforming studio situated below the 1BD unit, offering even more flexibility for creative use or additional workspace. Spacious backyard on an expansive lot with room for an ADU or additional improvements. The property includes a garage and a spacious driveway with enough room to accommodate multiple vehicles comfortably. With its stylish finishes, updated systems, and significant income potential, this is a standout opportunity to own a high-functioning property in a vibrant location. The expansive lot has room for further development potentially adding two ADUs (buyer to verify). One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.
Details
| MLS # | 26856719 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 54 |
| Listing Provided By | Compass | Federico Rolon |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,962 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | LBR3T |
| Acreage | 0.17 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90802) | |
Price: $1,250,000 low | high Med: $449,000 sqft: 1,962 low | high Med: 792 $ / sqft: $637 low | high Med: $567 On site: 54 low | high Med: 113 | |
Market Activity 90802
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90802 |
| Area | 4 Downtown Area | Alamitos Beach |
| Listing VS Median (in 90802) | |
Price: $1,250,000 low | high Med: $449,000 sqft: 1,962 low | high Med: 792 $ / sqft: $637 low | high Med: $567 On site: 54 low | high Med: 113 | |
