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Sold for $998,800
  • Listed by: Bijan Favakehi, Broker • Bijan Favakehi • Contact: 714-654-5626
    Bought with: Century 21 Jervis & Associates
    $998,800

    494 Almond Ave, Long Beach, CA 90802

    4beds
    2,000sqft
    Triplex
    Built in 1948
    -- sqft lot
    $1,000,000 Zestimate®
    $499/sqft
    $5,212 Estimated rent

    Home value

    $1,000,000

    $910,000 - $1.10M

    $5,212/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bijan Favakehi DRE #00939258 714-654-5626,

    Bijan Favakehi, Broker

    Bought with:

    Dale Jervis, DRE #00849695

    Century 21 Jervis & Associates

    Source: CRMLS,MLS#: OC25155232MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Den, Kitchen
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Multi/Split
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,370 Square Feet
    • Features: Front Yard, Paved
    Details
    • Parcel number: 7266015012
    • Zoning: LBR3T
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Na
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $499/sqft
    • Tax assessed value: $1,144,440
    • Annual tax amount: $15,236
    • Date on market: 7/10/2025
    • Cumulative days on market: 36 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    9/18/2025Sold$998,800$499/sqft
    Source: CRMLS #OC25155232 Report a problem
    9/1/2025Pending sale$998,800$499/sqft
    Source: CRMLS #OC25155232 Report a problem
    8/16/2025Contingent$998,800$499/sqft
    Source: CRMLS #OC25154546 Report a problem
    8/1/2025Listed for sale$998,800+11.2%$499/sqft
    Source: CRMLS #OC25155232 Report a problem
    7/19/2025Contingent$898,000$449/sqft
    Source: CRMLS #OC25155232 Report a problem
    7/10/2025Listed for sale$898,000-18%$449/sqft
    Source: CRMLS #OC25154546 Report a problem
    7/8/2025Listing removed$1,095,000$548/sqft
    Source: SDMLS #OC25095540 Report a problem
    6/23/2025Listed for sale$1,095,000+39%$548/sqft
    Source: SDMLS #OC25095540 Report a problem
    10/14/2022Sold$787,500+13.3%$394/sqft
    Source: Public Record Report a problem
    12/28/2007Sold$695,000+46.3%$348/sqft
    Source: Public Record Report a problem
    12/23/2004Sold$475,000$238/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,236 +4.5%$1,144,440 +2%
    2024$14,582 +1.7%$1,122,000 +2%
    2023$14,338 +32%$1,100,000 +27.9%
    2022$10,862 +2%$860,232 +2%
    2021$10,646 +17.5%$843,366 +19.6%
    2020$9,062 $705,000 +2.9%
    2019$9,062 +12.8%$685,000 +9.6%
    2018$8,030 $625,000 +19%
    2017$8,030 +16.8%$525,000 +12.9%
    2016$6,876 +18.1%$465,000 +5.7%
    2015$5,820 +12.5%$440,000 +6%
    2014$5,175 $415,000 +25.8%
    2012-- $330,000
    2011-- $330,000 -15.4%
    2010-- $390,000 -45%
    2009-- $708,900 +2%
    2008-- $695,000 +40.6%
    2007-- $494,190 +2%
    2006-- $484,500
    2005-- $484,500 +736.8%
    2004-- $57,902 +1.9%
    2003-- $56,841 +2%
    2002-- $55,727 +4%
    2000-- $53,565
    Find assessor info on the county website

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,000,000
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    Estimated market value
    $1,000,000