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$998,800
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Property Description
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.
Full Property Details
Full Property Details for 494 Almond Ave
General
- Sold For: $998,800
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25154546
- Added to Site: 284 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 3
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: 7th Street and Almond
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: Front
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 2,048
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.1233
- Lot Size Source: Assessor
- Zoning: LBR3T
- Lot Description: Front Yard, Paved
Financial Considerations
- Price Per Sq. Ft.: $487.7
- Price Per Unit: 332933
Listed by Bijan Favakehi, Broker, Bijan Favakehi
Sold by Century 21 Jervis & Associates, Dale Jervis
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Schools
Schools serving 494 Almond Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0.6 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.2 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 494 Almond Ave
Date
Details
Price
Change
Source
9/18/2025
Sold
$998,800
—
MLS
8/01/2025
Price Increased
$998,800
11.22%
MLS
7/10/2025
Listed
$898,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
494 Almond Avenue, Long Beach, CA 90802 (MLS# OC25154546) is a Multi-Family property that was sold at $998,800 on September 18, 2025. Want to learn more about 494 Almond Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

