530 Almond Ave , Long Beach, CA 90802
$1,250,000
Est. Payment: $6,289.80/mo
4 Bed
4 Bath
1962 Sqft
Status: active | Days on site: 8
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House 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. One bedroom unit and non conforming studio to be delivered vacant! Main house is tenant occupied and shown with accepted offer only.

Highlights

Listed by Federico Rolon , 845-249-9210 Compass , 310-230-5478. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1951

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

Listing ID

26856719

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:0
Appliances:Dishwasher
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LBR3T
Others:2+ Total Units,Has ADU
Parking Features:Driveway
Principal Interest
$6,290
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,289.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,289.80 $796.88 $0.00 $7,086.68
Yearly $75,477.63 $9,562.50 $0.00 $85,040.13
Total $2,264,328.86 $286,875.00 $0.00 $2,551,203.86

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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