$1,250,000

Residential Income In Long Beach

  • 3 Beds
  • 2 Baths
  • 1,962 Sqft
  • 7,332 Sqft lot
  • Updated: July 8
  • Source:
    The MLS (CLAW)  MLS#26856719

About the Property

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 remodele
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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1951

  • Price/sqft

    $637

Features

  • Garage
  • Modern
  • Duplex
  • Renovated
  • Washer Dryer
  • Gate
  • Air Conditioning
  • Investment Property
  • Parking

Explore the Area

530 Almond Avenue, Signal Hill, California, United States View on Google Maps
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Compass - Beverly Hills

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Compass - Beverly Hills
California, United States
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Compass - Beverly Hills
Beverly Hills, California, United States
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Last updated
July 8
First listed
Jul 8
Listing reference
26856719
Listing status
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