420 Almond Ave | Long Beach, CA 90802
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- LoopNet Team
420 Almond Ave
Long Beach, CA 90802
11.90 GRM | Retro Row · Multifamily Property For Sale
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9 Units
Investment Highlights
- Priced at 11.90 GRM / 5.56% Cap Rate on Current Rents
- Attractive Mix of 1BD and 2BD Units
- Walking Distance to Retro Row - 90 Walk Score / 94 Bike Score
- 8 of 9 Units Fully Renovated with In-Unit Washer/Dryer
- 6 Garages Offer Potential for ADU Conversion
Property Facts
| No. Units | 9 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,392 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Zoning | R3T, Long Beach | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,392 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R3T, Long Beach |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 7266-015-022 | Improvements Assessment | $637,500 |
| Land Assessment | $1,530,000 | Total Assessment | $2,167,500 |
Property Taxes
Parcel Number
7266-015-022
Land Assessment
$1,530,000
Improvements Assessment
$637,500
Total Assessment
$2,167,500
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